AI Startup Phacet Reportedly Raises $4 Million
The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.
News - page 24
Middle Eastern Funds Invest Billions of Dollars Into AI Startups
Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.
DailyPay Plans to Expand Earned Wage Access Services to UK
DailyPay will expand its earned wage access (EWA) services to the United Kingdom in the current fall.
Perplexity AI Reportedly Plans New Advertising Model
The media reports that Perplexity AI is currently planning a new advertising model for its search engine, which operates based on artificial intelligence.
China’s Semiconductor Industry Demonstrates Moderate Movement Forward
In China, the local semiconductor industry is gradually promoting homegrown lithography tools following the specifications published by the central government of the Asian country, but analysts through the prism of skeptical perception assess the quality level of this movement forward, noting in an appropriate context that Beijing has yet to make a kind of breakthrough […]
Samsung Plans to Invest $1.8 Billion More in Vietnam
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
US Banks Benefit From High Interest Rates
According to media reports, during the period of high interest rates in the United States, local banks collectively managed to earn $1 trillion.
Hemi Network Explores Tunnelling to Link Bitcoin and Ethereum Networks
Tunnelling is an alternative to bridging practices which enable interoperability of two different blockchains – Bitcoin and Ethereum.
Travala Ticketing Service Integrates With Solana to Expand Crypto Booking Options
Crypto-based online travel ticketing service Travala partnered with Solana blockchain to enable travellers to book hotels and flights using Solana tokens along with some major stablecoins.
PNC and Plaid Collaborate on Secure Sharing of Banking Data
PNC Financial Services Group and Plaid have formed partnerships in which the bank’s customers are allowed to securely share their data with third-party financial apps and services.
Amazon Expands Customer Returns Management Options for Sellers
Amazon provides sellers who use Fulfillment by Amazon (FBA) with new flexible options for seamlessly managing product returns.
Crypto.com Expands to Bahrain With a Fresh License
The crypto exchange Crypto.com receives approval from the Central Bank of Bahrain to provide payment service provider (PSP) services in the country.
JPMorgan Chase CEO Says Inflation Likely to Persist
JPMorgan Chase chief executive officer Jamie Dimon said on Friday, September 20, that he through the prism of skeptical perception, evaluates the prospects that a soft landing scenario will be implemented in the space of the economic system of the United States.
SEC Seeks to Sanction Elon Musk
The Securities and Exchange Commission (SEC) has asked a federal judge to sanction Elon Musk if the billionaire continues to violate a court order to testify about his acquisition of the social media platform Twitter, currently named X, in 2022.
American Airlines Reportedly Plans to Make Citigroup Its Exclusive Credit Card Partner
Media reports indicate that American Airlines is currently in talks aimed at making Citigroup its exclusive credit card partner.
Fed Governor Christopher Waller Says About Fast Inflation Softening
Federal Reserve Governor Christopher Waller on Friday, September 20, during a conversation with media representatives, said that this week at a meeting of the central bank of the United States on monetary policy, he supported the decision to cut interest rates by a half percentage point rate, since the currently observed rate of decline in […]
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