Microsoft to Add OpenAI’s Models to Copilot
Microsoft has announced that new features will be added to its artificial intelligence service Copilot next year.
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Bank of America CEO Says About Normalization of US Economy
Brian Moynihan, CEO of Bank of America, said that the American economic system, in his opinion, is moving towards the realization of optimistic prospects in the foreseeable future, noting that it is likely to be expected to have a so-called soft landing rather than a recession.
Robinhood Reports 75% Rise in Trading Volume
Digital asset trading volume on a crypto-friendly trading platform Robinhood grew 75% month-on-month in November.
Wells Fargo CEO Says About Potential Consequences of Fed Asset Cap
Chief Executive Officer of Wells Fargo & Co. Charlie Scharf said that the limitation of the assets of the Federal Reserve System is currently not a factor of significant influence on the process of activity of the financial institution he heads, but suggests that the situation will change in the future.
Nvidia to Help Build Out AI Ecosystem in Japan
Nvidia intends to participate in the process of creating an artificial intelligence ecosystem in Japan.
Mistral AI Plans to Raise $487 Million
The French startup Mistral AI, which operates in the artificial intelligence industry, intends to raise funds for about €450 million ($487 million) as part of its latest financing round.
Bumble Launches AI-Powered Conversation Starters and Plans for Friends
Bumble For Friends, which in the digital age helps people communicate with each other and find new friends in the virtual space, announced the launch of two functional solutions called Conversation Starters and Plans.
Foxconn Reports Rise in November Revenue
Foxconn, the main smartphone manufacturer of the iPhone line, which is part of the Apple product range, reported an improvement in dynamic sales in November.
Moody’s Changes China Credit Outlook to Negative
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Amazon and USAID Distribute 3 Grants to Women-Led Climate Projects in Africa
Amazon-backed Climate Gender Equity Fund (CGEF) has selected the first cohort of women-led organizations focused on advancing gender-equitable climate action in Africa to receive grants for their activities.
Škoda Launches Pay to Fuel Service
Drivers of Škoda ICE vehicles in select European countries are now able to pay for fuel via their in-car dashboard touchscreen using the Pay to Fuel service.
Payment Ring Users Won’t Replace It With Another Payment Method
Nine in ten European payment ring users prefer this payment method to all others, according to a recent survey.
Goldman Sachs Favors Options to Counter Intensive Rate-Cut Pricing
Goldman Sachs thinks that there is currently an overly optimistic mood in the financial markets regarding the possible range of interest rate cuts by the Federal Reserve next year.
Jeremy Hunt Blames Brexit for Instability
British Chancellor of the Exchequer Jeremy Hunt blamed Brexit for a period of political instability that lasts for more than five years and is a factor that caused a decrease in investor confidence in the United Kingdom.
Mario Centeno Says About Significance of European Job Market for EU Economy
Mario Centeno, a member of the Governing Council of the European Central Bank (ECB), told colleagues that it was highly likely that the consequences of excessive tightening for the European labor market could be rapid during the recovery of the economic system of the region.
Itau Unibanco Offers Bitcoin Trading
Largest private lender in Brazil Itau Unibanco enters the crypto arena with bitcoin trading service.
