Startup Recogni Nabs $102 Million to Design AI Chip
Recogni Inc., an artificial intelligence startup that specializes in creating technologies to support autonomous vehicles, reported that it managed to raise investment funds for $102 million.
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Mumbai Launches Metaverse Initiative to Showcase Infrastructure Projects
The Mumbai Metropolis Metaverse platform allows all the local citizens and other interested people to explore both newly launched and upcoming infrastructure projects in 3D or virtual reality (VR).
Barclays to Return £10 Billion to Investors in Overhaul
Barclays Plc announced its activity plans for the near future, which include taking measures to reduce costs, structural reorganization, and returning at least £10 billion to shareholders.
Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
Airlines to Scan People’s Faces Instead of IDs
Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.
Apple Set to Face EU Fine
Apple is facing a fine of about €500 million from the European Union as part of an investigation into the possible application of illegal practices by the technology giant against its music streaming competitors, including Spotify Technology SA.
Brazil Stark Bank Doubles Profit
Stark Bank, one of the few startups from Latin America that received funding from Jeff Bezos’ family office, is currently recording profits as part of its activities to assist companies in handling payment transactions.
France and Germany to Propose Measures for Economic Growth
French Finance Chief Bruno Le Maire said that in early March he would make proposals to German Economy Minister Robert Habeck to reduce the norms of the European Union, which, in his opinion, are a factor of negative impact on business and create obstacles to economic growth.
Indian Fintech Sector to Continue to Operate Under Current Rules
In India, the local banking regulator has no intention of tightening the rules governing the fintech sector in this country.
Reddit Reportedly Signs AI Content Licensing Deal
Reddit has signed a contract that provides for the possibility of using content posted on this social media platform to train artificial intelligence models.
Coinbase Commerce Drops Native Bitcoin Support
From now on, to use Bitcoin for payments, shoppers will need a Coinbase account, as the Coinbase Commerce platform no longer supports Bitcoin payments from self-custody wallets or third-party exchanges.
HSBC to Improve Ties With Hong Kong Unit
HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.
U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.
Google Announces Free AI Cyber Tools
Google has announced an initiative in which this technology giant intends to offer consumers artificial intelligence tools and investments for online security.
OpenAI Launches Text-to-Video Model
OpenAI, which became world-famous after launching its artificial intelligence-based chatbot called ChatGPT, presented a new Sora product.
Apple Reportedly Develops GenAI Coding Tool
The media reports that Apple is currently working on creating a new coding tool based on artificial intelligence.
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