News - page 296

Apple Reportedly Works On AI Tools
Science & Technology

Apple Reportedly Works On AI Tools

The media reports that Apple is currently actively developing artificial intelligence tools.

Netflix Reduces Availability of Ad-Free Plan
Society & Lifestyle

Netflix Reduces Availability of Ad-Free Plan

Netflix announced a restriction on the availability of the cheapest monthly tariff plan, which provides for the absence of advertising.

Citi Rolls Out Working Capital Loans
Finance & Economics

Citi Rolls Out Working Capital Loans

Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.

Microsoft CEO Defends AI Pricetag
Science & Technology

Microsoft CEO Defends AI Pricetag

The CEO of Microsoft said that the decision of the technology giant to charge a fee of $30 per month for consumers’ access to artificial intelligence functions was fair and justified.

Societe Generale Unit Gets Crypto License
Blockchain & Crypto

Societe Generale Unit Gets Crypto License

The blockchain unit of Societe Generale announced the receipt of a license, which was issued within the framework of the new cryptography rules in France.

Westpac Splits Consumer and Business Banking Unit
Finance & Economics

Westpac Splits Consumer and Business Banking Unit

The combined Westpac business unit is going to be split into two, each with its own CEO

Meta and Microsoft Launch New AI LLM Llama 2
Science & Technology

Meta and Microsoft Launch New AI LLM Llama 2

The new AI open-source large language model from Meta and Microsoft is trained on 40% more public data and can process twice as much context as Llama 1: can it compete with ChatGPT?

Softbank Invests in AI Company Tractable
Science & Technology

Softbank Invests in AI Company Tractable

Tractable, which has created computer vision and related artificial intelligence designed to remotely assess damage to property and vehicles, has raised investment funds in the amount of $65 million following the results of the Series E funding round.

Spain Antitrust Watchdog Fines Amazon and Apple
Fintech & Ecommerce

Spain Antitrust Watchdog Fines Amazon and Apple

In Spain, the local antitrust regulator fined Amazon and Apple.

LG Unveils New Version of AI Software
Science & Technology

LG Unveils New Version of AI Software

The South Korean company LG Group presented a new version of its software for artificial intelligence Exaone and demonstrated its use in various fields of business and industry.

Nordea Is a New Owner of Danske Bank Norway Business
Finance & Economics

Nordea Is a New Owner of Danske Bank Norway Business

The Nordic region’s biggest bank Nordea is to acquire the Norwegian personal customer and private banking business of Danske Bank

Foxconn Buys Apple Equipment
Science & Technology

Foxconn Buys Apple Equipment

Over the past year, Foxconn Technology Group has acquired from Apple the equipment necessary to establish production activities, with a total value of $33 billion.

Singapore Becomes Command Center for ASEAN Fintech: Report
Fintech & Ecommerce

Singapore Becomes Command Center for ASEAN Fintech: Report

PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore

Futureverse Raises $54 Million
Science & Technology

Futureverse Raises $54 Million

Futureverse company, which is a business structure consisting of 11 startups of various specializations, including blockchain, metaverse, games, and artificial intelligence, has raised $54 million in investment funds.

Isometric Allocates $25 Million to Build Science Platform Focused on Carbon Removal
Science & Technology

Isometric Allocates $25 Million to Build Science Platform Focused on Carbon Removal

According to the results of the funding round, the London-based startup Isometric received investment funds for $25 million, which will be used to implement initiatives in the field of combating climate change.

Indonesia and India Can Sign Cross-Border Payments Pact
Fintech & Ecommerce

Indonesia and India Can Sign Cross-Border Payments Pact

The media reports that India and Indonesia intend to combine their fast payment systems.