Baidu Reportedly to Get China Approval for AI Models
The media reported that this week China will approve the first batch of generating artificial intelligence services for public implementation.
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Startup Hyperproof Raises $40 Million
Hyperproof, which provides software as a service, on Wednesday, August 30, announced that following the results of a funding round led by Riverwood Capital and with the participation of the venture capital firm Toba Capital, which is at an early stage of development, it managed to raise $40 million.
Praso Acquires Floki’s IP
The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.
Amazon Acquires Company Fig
Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.
OpenAI Approaches $1 Billion of Annual Sales
The media reported that the annual revenue of OpenAI is approaching the landmark mark of $1 billion.
JPMorgan Boosts Its Stake in Brazil’s C6 Bank
JPMorgan has announced an increase in its stake in a Brazilian digital bank called C6 Bank.
Google Adds AI Models from Meta and Anthropic to Its Cloud Platform
Google is adding artificial intelligence tools from Meta Platforms and Anthropic to its cloud platform.
IT Company Kainos to Invest £10 Million in AI
IT company Kainos, which is based in Belfast, announced its intention to invest 10 million pounds in the implementation of efforts to integrate generative artificial intelligence into its business.
Amazon Tests Higher Free Shipping Threshold
Amazon is currently testing a minimum purchase requirement of $35 to receive a free shipping service for customers who are not members of the Prime loyalty program.
Microsoft’s President Says AI Needs Human Control
Microsoft President and Vice Chairman Brad Smith, while talking to the media, said that people should curb artificial intelligence, because it can become a weapon.
Google Reportedly Plans to Sell Maps Data
The media reported that Google intends to license mapping data sets to companies that create products using renewable energy sources.
OpenAI Launches ChatGPT for Businesses
OpenAI announced the launch of the corporate version of ChatGPT, within which additional functions and privacy guarantees are available to users.
Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.
Stellar to Help Businesses Deploy AI
The Stellar company, which is based in Indianapolis, has officially declared its mission aimed at providing assistance to enterprises in achieving competitive advantages by introducing generative artificial intelligence, machine learning, and large language models into the structure of their activities.
Safaricom Launches Mobile Money Service in Ethiopia
Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.
HDFC Bank and Marriott Bonvoy Launch Travel Card
Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.
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