News - page 170

Science & Technology

ChatGPT Allows Users to Create Custom GPTs on Their Own

OpenAI rolled out a new function enabling customers to create their own tailored versions of ChatGPT (GPTs) dedicated to specific tasks.

Fintech & Ecommerce

Klarna Reports Third-Quarter Earnings

The growth in the use of the financial service Buy Now, Pay Later by American consumers helped the Swedish company Klarna to record a profit in the third quarter of this year.

Finance & Economics

UBS Reports Loss on Costs of Credit Suisse Takeover

UBS has faced significant losses in the first full quarter since the acquisition of Credit Suisse, a lender that competed with this bank and was on the verge of collapse, was completed.

Society & Lifestyle

Mamaearth Share Price Debuts at 2% Premium on NSE

Shares of Mamaearth parent company debuted at nearly 2% premium over the IPO price on the National Stock Exchange (NSE).

Science & Technology

Chinese AI Unicorn 01.AI Plans to Rival Meta’s Llama 2

Media reports that a Chinese startup 01.AI achieved unicorn status less than eight months after launch.

Science & Technology

German Companies Invest Over $500 Million In AI Startup Aleph Alpha

Aleph Alpha GmbH, a startup operating in the sphere of artificial intelligence, and striving to create a European competitor to large language models developed by OpenAI and Google, managed to raise investment funds for more than $500 million from a consortium of industrial giants and financial investors.

Science & Technology

Elon Musk Unveils AI Chatbot Grok

Elon Musk’s company xAI presented a chatbot based on artificial intelligence called Grok.

Finance & Economics

Bank of Japan Governor Signals Low Probability of Ending Negative Rate in 2023

The governor of the Bank of Japan, Kazuo Ueda, hinted at an extremely low level of probability that by the end of this year, politicians will have data providing them with a reason sufficient to announce the end of the period of negative interest rates.

Science & Technology

Google, Amazon and Microsoft Invest in Cloud Computing

The media reports that with the development of generative artificial intelligence systems, there is an increase in the spending of global cloud computing giants.

Finance & Economics

Volume of Foreign Investments in Chinese Economy Shows Decline

Currently, China, which is the second economy in the world, is making active efforts to attract foreign investment and is striving to ensure that companies from other countries do business in this Asian state.

Finance & Economics

NSE Diwali Muhurat Trading Date Revealed

The National Stock Exchange (NSE) announced the timings for the Muhurat Trading Session 2023 on the occasion of Diwali considered auspicious by many investors.

Finance & Economics

Bank of England Warns of Zero Growth in British Economy Until 2025

The Bank of England has warned that the economy of the United Kingdom is highly likely to continue to show zero growth until 2025 against the background of high-interest rates or even a continued increase in this indicator.

Finance & Economics

Bank of England Official Says Technology Increases Risk of Bankruptcy

The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.

Science & Technology

Apple Warns of Sluggish Holiday Quarter in China

Apple, which has already faced the problem of slowing down the growth of its business in China, warned that by the end of the fourth quarter of this year, the revenue of the company will be approximately the same as from the same period in 2022.

Science & Technology

French Finance Minister Says Nvidia’s AI Dominance Stifles Competition

French Finance Minister Bruno Le Maire said that the dominance of the American company Nvidia in the sphere of artificial intelligence, which shows a trend of steady growth, negatively affects the situation in the industry from the point of view of competition.

Science & Technology

China Plans to Build Advanced Humanoid Robots

China intends to make a breakthrough in the science fiction industry by creating humanoid robots.