News - page 256

CFPB Director Calls for Provide Higher Level of  Data Protection
Fintech & Ecommerce

CFPB Director Calls for Provide Higher Level of Data Protection

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), expressed concern about the potential risks associated with the fact that payment systems apply, in his opinion, excessive financial censorship, and exceed reasonable surveillance limits.

G7 Prepares to Ask AI Firms to Agree to Watermarks
Science & Technology

G7 Prepares to Ask AI Firms to Agree to Watermarks

The G7 countries plan to appeal to companies operating in the sphere of artificial intelligence with the proposal of adopting as guidelines defining the principles of work a set of rules developed by the states of this association.

Metro Bank Secures $1.1 Billion
Finance & Economics

Metro Bank Secures $1.1 Billion

The media reported that the British Metro Bank was able to secure $1.1 billion from investors.

OpenAI Reportedly to Explore Development of Artificial Intelligence Chips
Science & Technology

OpenAI Reportedly to Explore Development of Artificial Intelligence Chips

The media reported that the startup OpenAI is currently exploring the possibility of developing its own chips for machine intelligence.

Samsung to Add Mobile Driver’s Licenses and IDs on Wallet
Science & Technology

Samsung to Add Mobile Driver’s Licenses and IDs on Wallet

Samsung has established a partnership with global identity technology provider IDEMIA.

Real Estate Crisis to Stop Development of China’s Economy for Years
Finance & Economics

Real Estate Crisis to Stop Development of China’s Economy for Years

The steady growth of the Chinese economy, which is a historical example of a process that has a high level of sustainability and demonstrates impressive speed, for several decades had been largely due to such a factor as the active development of the real estate sector against the background of population growth and large-scale urbanization, […]

Analysts Predict Growth of IBM’s AI Consulting Business
Science & Technology

Analysts Predict Growth of IBM’s AI Consulting Business

IBM projects related to the development and other activities in the sphere of artificial intelligence will become the basis for the further development of this company.

Barclays Analysts Say About Positive Prospects of Meta in AI Industry
Science & Technology

Barclays Analysts Say About Positive Prospects of Meta in AI Industry

Analysts of the British universal bank Barclays believe that Meta Platforms, as a result of the implementation of the strategy of active integration of artificial intelligence technologies into its apps line, can achieve positive growth results in the AI industry space.

Dell Characterizes Servers as Main Growth Engine in AI Era
Science & Technology

Dell Characterizes Servers as Main Growth Engine in AI Era

Dell Technologies, a company that has become one of the pioneers in the historical space of the era of personal computers, said that currently, the most promising business is the activity of selling equipment for data centers.

X Tests Three Tiers of Premium Service
Science & Technology

X Tests Three Tiers of Premium Service

The social network X, which is owned by billionaire Elon Musk, who is also CEO of SpaceX and Tesla, founder of The Boring Company, and co-founder of Neuralink and OpenAI, announced the testing of three levels of premium service.

TSMC Third Quarter Revenue Exceeds Forecasts
Finance & Economics

TSMC Third Quarter Revenue Exceeds Forecasts

The revenue indicator of Taiwan Semiconductor Manufacturing Company at the end of the third quarter of this year showed a decrease, which turned out to be lower than the pace of this negatory dynamic initially predicted.

Google to Launch AI-Powered Assistant
Science & Technology

Google to Launch AI-Powered Assistant

Google presented a virtual assistant, the process of functioning of which is carried out based on generative artificial intelligence technologies.

Swedish FinTech Brite Payments Raises $60 Million
Fintech & Ecommerce

Swedish FinTech Brite Payments Raises $60 Million

The Swedish fintech company Brite Payments announced that it managed to raise investment funds in the amount of $60 million.

Joe Biden Administration Cancels More Than $9 Billion in Student Loans
Finance & Economics

Joe Biden Administration Cancels More Than $9 Billion in Student Loans

The White House has decided to cancel the debt for 125 thousand borrowers on student loans.

Expert: AI to Surpass Humans Within Next Ten Years
Science & Technology

Expert: AI to Surpass Humans Within Next Ten Years

SoftBank CEO Masayoshi Son says that, in his opinion, artificial general intelligence (AGI) will be implemented in almost all industries over the next 10 years, which will surpass human capabilities in terms of mental development.

Amazon’s Secret ‘Project Nessie’ Algorithm Used to Drive Prices According to FTC
Fintech & Ecommerce

Amazon’s Secret ‘Project Nessie’ Algorithm Used to Drive Prices According to FTC

The media reports that the Federal Trade Commission (FTC) accuses Amazon of using a secret algorithm codenamed Project Nessie, which is applied to check the boundaries of price increases and is a guarantee that competitors will comply with pre-determined product cost limits.