Microsoft Splits Teams from Office in EU
Microsoft will give its European business customers the opportunity to buy the Teams video and chat app separately from the Office software.
News - page 281
Morgan Stanley Downgrades Palantir Technologies
Palantir Technologies has been downgraded at Morgan Stanley, which is the latest signal of Wall Street’s skepticism about this company specializing in software development and positioning itself as a major player in the sphere of artificial intelligence.
AI Startup Cohere Reportedly Taps JPMorgan and Goldman Sachs for Financing
The media, citing insiders, reported that Cohere, which operates in the field of artificial intelligence and receives support from investors, including Oracle and Nvidia, is currently interacting with banks in preparation for a new round of financing a few months after the completion of the previous one.
UBS Outlines Major Targets for Its Integration of Credit Suisse
UBS Group AG has outlined the main goals of integration with its former competitor Credit Suisse.
British Parliamentarians Question Prospects of UK Leadership in AI Regulation
In the United Kingdom, parliamentarians said that the country’s Prime Minister Rishi Sunak’s plan to make the UK a leader in the regulation of artificial intelligence is under threat.
Atom Bank Partners With Assetz Capital for Commercial Mortgage Access
Assetz Capital will act as a key distribution partner for Atom commercial mortgage loan applications covering all UK regions
Google Experiments With Watermarks for AI Image Identification
Google has introduced a technology that embeds a digital watermark directly into the pixels of an image, making it invisible to the human eye, but able to perform AI-generated image identification
Court Favours Grayscale Over SEC in Spot Bitcoin ETF Case
Despite the legal victory of Grayscale, it’s too early for spot Bitcoin ETF proponents to cheer
Baidu Reportedly to Get China Approval for AI Models
The media reported that this week China will approve the first batch of generating artificial intelligence services for public implementation.
Startup Hyperproof Raises $40 Million
Hyperproof, which provides software as a service, on Wednesday, August 30, announced that following the results of a funding round led by Riverwood Capital and with the participation of the venture capital firm Toba Capital, which is at an early stage of development, it managed to raise $40 million.
Praso Acquires Floki’s IP
The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.
Amazon Acquires Company Fig
Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.
OpenAI Approaches $1 Billion of Annual Sales
The media reported that the annual revenue of OpenAI is approaching the landmark mark of $1 billion.
JPMorgan Boosts Its Stake in Brazil’s C6 Bank
JPMorgan has announced an increase in its stake in a Brazilian digital bank called C6 Bank.
Google Adds AI Models from Meta and Anthropic to Its Cloud Platform
Google is adding artificial intelligence tools from Meta Platforms and Anthropic to its cloud platform.
IT Company Kainos to Invest £10 Million in AI
IT company Kainos, which is based in Belfast, announced its intention to invest 10 million pounds in the implementation of efforts to integrate generative artificial intelligence into its business.
