News - page 5

Science & Technology

Paxton AI Raises $6 Million for Legal Research and Drafting Platform

Paxton AI announced the receipt of initial funding in the amount of $6 million, which will be directed to the implementation of activities for the development of the generative artificial intelligence platform of this company for drafting projects and legal research.

Finance & Economics

HSBC Launches Trade Finance Offer

Banking giant HSBC has presented a trade finance proposal, through which customers will have access to simplified payment transfer mechanisms to suppliers.

Fintech & Ecommerce

Amazon Develops New Version of Its Cashierless Shopping Technology

Amazon has developed a new version of its cashless shopping technology for clothing retailers.

Fintech & Ecommerce

Meta to Expand WhatsApp Payment Service to India

Meta Platforms has announced the launch of its WhatsApp payment function on the Indian financial market.

Science & Technology

Intel CEO Says About Central Role of Chipmaker’s Technology in AI Boom

Intel CEO Pat Gelsinger said that the technology of this chip manufacturing company will become vital for the artificial intelligence computing industry.

Fintech & Ecommerce

Morgan Stanley Plans to Launch AI-Powered Assistant

Morgan Stanley will launch an artificial intelligence-based virtual assistant for financial advisors and their support staff.

Blockchain & Crypto

NYDFS Publishes Preliminary Guidance for Virtual Currency Listing

The Department of Financial Services of the State of New York (DFS) has published a guide proposed for approval in the status of an official regulatory framework, which is devoted to the listing of virtual coins and the general structure of coins included in the so-called green list.

Fintech & Ecommerce

Revolut Launches New Solution for Businesses

Revolut Business has launched a new solution that will allow representatives of the area of entrepreneurship to overcome the problems associated with cross-border payment transactions.

Science & Technology

TSMC and Arizona Authorities Discuss Advanced Chip Packaging Investment

Taiwan Semiconductor Manufacturing and the Arizona authorities are currently discussing the possibility of expanding chip packaging capacities at the factories of the Taiwanese manufacturer located on the territory of this American state.

Science & Technology

Elon Musk Admits Possibility of Paid Access to X

Elon Musk admitted the possibility that in the foreseeable future access to the social network X, formerly known as Twitter, will be provided to users on a paid basis.

Finance & Economics

China to Make Its Business Environment More Friendly for Foreign Companies

The head of the central bank of China announced his intention to open up the country’s financial industry to closer cooperation with foreign companies and make the local business environment favorable for the activities of brands from other states.

Science & Technology

UK Antitrust Watchdog Publishes Principles for AI Regulation

The UK’s antimonopoly watchdog has unveiled the principles of artificial intelligence regulation and announced the launch of a project aimed at strengthening control over advanced technology, the development of which is carried out at a very rapid pace.

Science & Technology

Foxconn Plans to Double India Investment

Apple’s partner Foxconn Technology Group announced its intention to increase the volume of investment funds allocated for the development of production activities in India.

Science & Technology

Globe Telecom CEO Says About Prospects of Philippines as Data Center Hub

Ernest Cu, President and CEO of Globe Telecom, a telecommunications company based in the Philippines, says that in two years the largest data processing center of this brand will start operating.

Finance & Economics

Wells Fargo States About Humility of Corporate Borrowers with High Interest Rates

Wells Fargo is of the opinion that corporate borrowers are ready to put up with an increase in interest rates.

Finance & Economics

Bank of America Reports Rise in Delinquency Rates

Bank of America has reported an increase in the number of customers of this financial institution who delay credit card payments.