EU Lawmakers Call For Metaverse Strategy
The European Parliament Committee wants the EU to lead metaverse development and reduce the bloc’s technological dependency.
News - page 245
Nvidia CEO Says About Prospects of AI Competitiveness
Nvidia CEO Jensen Huang last Wednesday, November 29, during a speech at the annual DealBook summit in New York, said that artificial intelligence is gaining on humans.
Amazon Presents AI-Powered Image Generator
Amazon Web Services (AWS) has presented its new development based on artificial intelligence, which is capable of generating images.
China’s Manufacturing Activity Shrinks
In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.
JPMorgan Chase CEO Warns of Recession Risk
JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.
Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical
A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.
UK’s Nottingham Files for Bankruptcy
Nottingham City Council has become another victim of the financial crisis in the UK in the sphere of local government.
Lloyds Chief Urges UK Policymakers to Refrain From Encroaching on Banks’ Profits
The chief executive of Lloyds Banking Group made something like a warning statement to British politicians, describing measures such as a tax on unforeseen expenses of banks as thing that should be excluded amid expectations of a busy election year.
Amazon Announces AI Chatbot for Businesses
Amazon last Tuesday, November 28, announced a new chatbot called Q, which consumers will be able to use at work.
CFPB Fines Bank of America
The Consumer Financial Protection Bureau (CFPB) applied to Bank of America a measure of material impact in the form of an obligation to pay $12 million for the involvement of this financial institution in the practice of providing incomplete data related to mortgage lending to the federal government.
Visa Reveals What Extra Benefits Travellers Are Willing to Pay For
Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.
PayGround Raises More Than $19 Million
PayGround managed to raise investment funds for $19.7 million following the results of the Series A financing round.
AWS and Nvidia to Deliver Generative AI Infrastructure
Amazon Web Services (AWS) and Nvidia have announced the expansion of cooperation to provide consumers with advanced infrastructure, software, and services for innovation in the sphere of artificial intelligence.
Apple to End Credit Card Partnership With Goldman Sachs
Apple is reportedly looking for ways to end its credit card and savings account partnership with Goldman Sachs within a year or so.
US Home Prices Hit Record High
In September, the dynamic of housing prices in the United States continued to move within the growth trend.
UBS Chair Predicts Challenging 2024
UBS Chairman Colm Kelleher said that next year will be one of the most difficult in the takeover process of Credit Suisse by the mentioned financial institution.
