News - page 171

Finance & Economics

AllianzGI Taiwan Predicts Growth of Chipmakers’ Earnings

There is a possibility that the Taiwanese stock indices will begin to show a positive dynamic of recovery next year, despite the unfavorable state of affairs in the geopolitical space and concerns related to the possible aggravation of the situation in this environment.

Finance & Economics

Confidence in India’s Economy Grows

The economy of India has become an example when a bulky system with at the same time impressive power begins to move extremely slowly, but after the process of its development is launched, it cannot be ignored.

Science & Technology

Elon Musk Characterizes AI as One of Most Disruptive Forces in History

Elon Musk, during a conversation with British Prime Minister Rishi Sunak at the first artificial intelligence security summit, described AI as one of the most destructive forces in history.

Science & Technology

AI Doomers Take Center Stage at AI Summit

The beginning of the world’s first artificial intelligence security summit, which is taking place in the UK, was marked by a fierce debate on what measures and scope of action should be applied as part of efforts to prevent and minimize existential risks associated with AI.

Science & Technology

UK, US, EU and China Sign Declaration of AI’s Danger

The United Kingdom, the United States, the EU, Australia, and China agreed with the opinion that the process of active use of artificial intelligence and its integration into various industries at some point may begin to be realized according to a negative scenario that contains an existential threat to the life of human civilization.

Science & Technology

UK to Invest in AI Supercomputer

The UK government Wednesday, November 1, announced its intention to invest funds in the amount of 225 million pounds ($273 million) in a supercomputer with artificial intelligence.

Fintech & Ecommerce

Airbnb CEO Says About Potential of Gen AI

Airbnb, an online platform for hosting and searching for short-term rental of private housing around the world, considers artificial intelligence as a force that can transform the tourism industry.

Science & Technology

Apple Hits Record Smartphone Shipments in India

Apple has conquered an important peak in its activities in the Indian smartphone market, ensuring record volumes of shipments of relevant devices to this South Asian country in the third quarter of 2023.

Fintech & Ecommerce

Shopify to Use AI to Give Merchants Competitive Advantage

Shopify, one of the main providers of software and services for sellers who carry out their activities in the virtual space, considers artificial intelligence as a tool for providing competitive advantages to those who interact with this company.

Blockchain & Crypto

MicroStrategy Acquires $5.3 Million More Bitcoin

Chairman and founder of MicroStrategy Michael Saylor, announced the company acquired an additional 155 bitcoin for $5.3 million, bringing its total bitcoin holdings to 158,400 BTC. Just over a month prior, the company had purchased 5,445 bitcoins for $147.3 million, positioning itself for significant gains as the price of bitcoin surged in October, reaching $35,000 […]

Blockchain & Crypto

PayPal UK Approved to Offer Crypto Services

PayPal UK Limited has received approval from the UK Financial Conduct Authority (FCA) as a crypto service provider, allowing the company to offer specific cryptocurrency services and advertise them to local clients. The regulatory clearance signifies that PayPal can engage in “certain crypto asset activities” and communicate about its crypto-related offerings in compliance with the […]

Fintech & Ecommerce

UK BNPL Use Shows Growth

In the UK, against the background of the cost of living crisis, the use of the Buy Now, Pay Later (BNPL) service has sharply increased.

Science & Technology

Former Google CEO Believes in Benefits of AI for Science

Eric Schmidt, the former CEO of Google, is currently engaged in financing the non-profit organization Future House, which specializes in creating a virtual assistant based on artificial intelligence for the laboratory to transform the research process.

Science & Technology

News Media Alliance Says About Negative Aspect of AI Chatbots

In the USA, an association of organizations operating in the sphere of mass media has appealed to companies developing artificial intelligence technologies with a request to scrape news materials to train chatbots.

Science & Technology

Microsoft Rolls Out Update to Windows 11 PC

Microsoft on Tuesday, October 31, announced the launch of the next major update for the Windows 11 operating system for personal computers.

Fintech & Ecommerce

Southeast Asia’s Digital Economy to Hit $218 Billion in 2023

In the Google, Temasek, and Bain & Company report there is a forecast that the total value of transactions in the space of the digital economy of Southeast Asia will reach $218 billion this year.