News - page 262

Fed Bank Watchdog Supports New Capital Requirements
Finance & Economics

Fed Bank Watchdog Supports New Capital Requirements

The Deputy chairman of the Federal Reserve for Supervision, Michael Barr, during a speech at the American Bankers Association (ABA) event on Monday, October 9, said that lenders should consider the new capital requirements as a help, not an obstacle.

Kaszek Ventures Prepares for Latin America Tech Rebound
Finance & Economics

Kaszek Ventures Prepares for Latin America Tech Rebound

Kaszek Ventures, a venture capital firm based in Latin America, currently has almost $1 billion in funds raised earlier this year and is in a state of expectation that new deals will be concluded and that more mature companies will lose a significant portion of cash and potentially agree to revised estimates.

Huawei Challenges 5G State Aid Rules in Spain
Science & Technology

Huawei Challenges 5G State Aid Rules in Spain

Huawei Technologies has published the rules of the Spanish government, the complexity of compliance with which may become a barrier for this Chinese equipment manufacturer to become a competitive applicant for state aid.

Amazon India Predicts Record Festive Sales
Fintech & Ecommerce

Amazon India Predicts Record Festive Sales

Amazon India expects unprecedented sales during the biggest e-commerce online event, the Great Indian Festival, this year.

Walmart Experiments With AI and AR
Fintech & Ecommerce

Walmart Experiments With AI and AR

Walmart uses new technologies to improve the shopping experience.

China Plans to Grow Its Computing Power
Science & Technology

China Plans to Grow Its Computing Power

China has announced its intention to increase the country’s computing power.

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.