News - page 23

Finance & Economics

Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan

The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.

Blockchain & Crypto

Crypto Crime Volume Exceeds Expectations

Cryptocrime has begun to adapt to the space of a professionalized era dominated by artificial intelligence-driven scams, stablecoin laundering, and effective cyber syndicates.

Science & Technology

Scammers Use Social Media Selfies and GenAI

The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.

Blockchain & Crypto

ChinaAMC Launches Hong Kong’s Retail Tokenised Money Market Fund

ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management Company, has launched the city’s first tokenised money market fund, which is also available to retail investors.

Fintech & Ecommerce

Temu Partners With Nuvei

Global online marketplace Temu is partnering with Canadian fintech company Nuvei to provide worldwide customers with greater access to local payment methods.

Science & Technology

OpenAI Launches GPT-4.5 for Some Paying Users

OpenAI, one of the largest players in the global artificial intelligence industry, has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide.

Fintech & Ecommerce

Ukrainian Banking Regulator Urges Revolut to Apply for License

The National Bank of Ukraine cautioned local users from trusting Revolut with their funds as, without a proper license, the rights of consumers and the deposit guarantee system do not apply to the fintech’s customers in the country.

Blockchain & Crypto

Olas Launches First AI Agent Marketplace

Agentic AI infrastructure startup Olas has introduced another innovative platform – a pioneering decentralised AI agent marketplace that functions with zero human intervention.

Fintech & Ecommerce

Unzer Launches Pay-By-Bank Tool

The payment company Unzer has launched a pay-by-bank tool in conjunction with Mastercard.

Fintech & Ecommerce

Stripe Says AI Boom Drives 38% Increase in Payment Volume

Stripe’s investments in artificial intelligence and machine learning contributed to the rapid growth of the financial infrastructure platform last year, as the company’s co-founders Patrick Collison and John Collison wrote in their annual letter to the community of the firm, which was published on Thursday, February 27.

Science & Technology

Amazon Unveils Quantum Chip

Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.

Science & Technology

Conversational AI to Hit $57B in Revenue by 2028

Conversational AI may seem in full bloom today, but analysts say it’s just the beginning.

Science & Technology

Nvidia Sales Demonstrate Growth

Nvidia on Wednesday, February 26, published information about its earnings for the fourth fiscal quarter, which exceeded Wall Street’s preliminary expectations.

Science & Technology

Amazon Unveils Revamped Alexa

Amazon on Wednesday, February 26, unveiled the long-awaited overhaul of its Alexa digital assistant, for access to which the company will charge a monthly subscription fee.

Blockchain & Crypto

Bitwise Raises $70 Million

Bitwise, a cryptocurrency-focused asset manager, has completed a $70 million raising equity.

Fintech & Ecommerce

Zip Says About High Demand on BNPL

Buy Now, Pay Later (BNPL) provider Zip, which is based in Australia, last Tuesday, February 25, reported that demand from consumers and merchants dropped its growth in the last half of the past year.