News - page 263

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.

UBank and Aeropay to Provide Financial Services for Gaming Industry
Fintech & Ecommerce

UBank and Aeropay to Provide Financial Services for Gaming Industry

The financial institution UBank, which is based in Texas and focuses on the community, and Aeropay, a payment technology company, announced the conclusion of a strategic cooperation agreement.

Stampli Raises $61 Million to Expand Its AI-Powered Accounts Payable Offering
Fintech & Ecommerce

Stampli Raises $61 Million to Expand Its AI-Powered Accounts Payable Offering

Stampli announced that it managed to raise investment funds in the amount of $61 million.

Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers
Fintech & Ecommerce

Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers

Citi announced that Visa Costco Anywhere cardholders now have access to the Citi Flex Pay Buy Now, Pay Later (BNPL) option.

Airbnb CEO Says About Potential of AI in Real Estate Sector
Science & Technology

Airbnb CEO Says About Potential of AI in Real Estate Sector

Airbnb CEO Brian Chesky, during a conversation with media representatives, said that artificial intelligence can help the company he heads to find the best deals.

Microsoft CEO Characterizes Google’s Dominance in Search as Its Advantage in Area of AI
Science & Technology

Microsoft CEO Characterizes Google’s Dominance in Search as Its Advantage in Area of AI

Microsoft CEO Satya Nadella said that Google is likely to strengthen its dominance in the Internet search space as a result of using a new generation of tools based on artificial intelligence.

JPMorgan CEO Predicts Shorter Workweek Thanks to AI
Science & Technology

JPMorgan CEO Predicts Shorter Workweek Thanks to AI

JPMorgan CEO Jamie Dimon said that thousands of employees of this financial institution are already using artificial intelligence technologies.

Fall in Value of TSMC Shares Signals Difficult Times to Chip Sector
Finance & Economics

Fall in Value of TSMC Shares Signals Difficult Times to Chip Sector

The Taiwan Semiconductor Manufacturing Company stock price index has shown a drop more significant than any other securities in Asia since mid-June, which is a reflection of investors’ preparation for a prolonged negative situation of slowing processes in the chip sector.

Visa to Invest in Generative AI Ventures
Fintech & Ecommerce

Visa to Invest in Generative AI Ventures

Visa has unveiled a plan to invest in companies that operate in the sphere of generative artificial intelligence.

Japan Provides Subsidies for Micron Plant
Science & Technology

Japan Provides Subsidies for Micron Plant

The Japanese government has decided to provide a subsidy of 192 billion yen (about $1.3 billion) for the building of a plant of the American company Micron Technology in Hiroshima.

FTC Strengthens Cooperation With Latin American Organizations
Society & Lifestyle

FTC Strengthens Cooperation With Latin American Organizations

The Federal Trade Commission (FTC) announced the beginning of partnerships with consumer protection authorities from four Latin American countries, including Colombia, Mexico, Chile, and Peru.