Startup Writer Launches New AI Model
The startup Writer, which is based in San Francisco, last Wednesday, October 9, debuted a large model of artificial intelligence.
News - page 35
Amazon Tests Adding Robot Warehouses to Whole Foods
Amazon last Wednesday, October 9, announced that it was testing adding mini-warehouses to Whole Foods supermarkets.
US Inflation Rate Tops Expectations
In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.
Sustainable Funds Outperform Traditional Ones in H1 2024
Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.
US FTC Says Marriott to Boost Security to Settle Data Breach Charges
The United States Federal Trade Commission on Wednesday, October 9, said it would require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement an information security program to settle charges related to multiple data breaches recorded between 2014 and 2020.
Mercury Secures $100 Million Credit Warehouse
Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.
Amazon to Deploy AI-Powered Technology to Help Drivers Find Packages
Amazon is currently preparing to roll out technology that uses artificial intelligence and lighting to help delivery drivers find the packages they need in trucks at a particular moment.
JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public
JPMorgan Chase chief executive officer Jamie Dimon said last Tuesday, October 8, during a conversation with media representatives that in the United States and the United Kingdom, local regulators made it difficult for companies to go public.
HSBC Exec Says About AI’s Impact on Finance Sector
Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.
Mastercard to Launch Real-Time Card Payments in South Africa
Mastercard has stated that South Africa will be its first market to benefit from real-time card payments.
Hurricane Milton Reportedly to Cause Significant Economic Damage
Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]
World Bank Warns of Probable Slowdown in China’s Economic Growth
The World Bank warns that the growth rate of the Chinese economic system, which is currently the second largest in the world, is likely to continue on a downward trajectory next year.
European Investment Bank Seeks to Provide Greater Support to Startups
The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.
US Big Banks Lending Income Reportedly to Hit Two-Year Low
The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.
Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa
Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.
Appeals Centre to Rule Over Social Media Disputes in EU
A new appeals body Appeals Centre Europe has been established to review policy violation complaints related to major social media platforms such as Facebook, TikTok, and YouTube.
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