Citi Invests in Pylon
One of the largest financial institutions in the United States, Citi, has made a minority investment in the mortgage infrastructure provider Pylon.
News - page 60
dLocal Becomes Certified PISP for Pix
dLocal achieved a regulatory milestone and became a certified Payment Initiation Service Provider (PISP) in Brazil, able to process Pix payments directly within the Open Finance framework.
SoftBank Reportedly Seeks to Buy $1.5 Billion OpenAI Shares
The media, citing insiders, reported that SoftBank Group Corp. seeks to increase its stake in OpenAI by acquiring shares worth up to $1.5 billion from employees of this startup.
AWS Projects Cloud & AI to Contribute $12T to Global GDP
Amazon Web Services (AWS) estimates that cloud computing and the adoption of artificial intelligence (AI) will tremendously affect global economies, unlocking multi-trillion GDP growth opportunities.
DoorDash Adds New Chains to Grocery Partner List
DoorDash adds new grocers to the list of supermarket delivery partners.
Orange Partners With OpenAI and Meta
French telecommunications giant Orange announced on Tuesday, November 26, that it is collaborating with OpenAI and Meta to develop custom artificial intelligence models designed to better understand regional African languages.
Competition Authorities Reportedly Raid Amazon Japan
Japan’s Fair Trade Commission on Tuesday, November 26, conducted an on-site inspection of Amazon Japan on suspicion of violating antitrust laws, as reported by the media, citing an insider in the government of the Asian country.
Broker Says About UK Business Damage From Cyberattacks
Insurance broker Howden on Monday, November 25, released information according to which over the past five years in the United Kingdom, businesses have lost approximately 44 billion pounds ($55.08 billion) due to cyberattacks.
Pyramid Analytics Secures $50 Million
Pyramid Analytics, an artificial intelligence business analytics company, announced last Monday, November 25, that it had raised $50 million in new funding from BlackRock, the world’s largest asset manager.
US Finalizes Chips Manufacturing Award for Intel
On Tuesday, November 26, the US Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel.
Databricks Reportedly Closes in on Multibillion Funding Round at $55 Billion Valuation
The media reported that Databricks, a San Francisco-based technology company that is one of the most valuable private firms of the corresponding category in the world, raises billions of dollars in cash and so far has not demonstrated any significant desire to go public as quickly as possible.
Fed Officials See Interest Rate Cuts Ahead
Federal Reserve officials are currently expressing confidence in a steady downward trajectory of inflation in the United States and that the US labor market remains strong.
Huawei Launches Mate 70 Series of Smartphones
Huawei on Tuesday, November 26, presented a series of Mate 70 smartphones that can run on the latest operating system developed by this company.
WEX Launches AI-Powered Enhancements to Benefits Admin Tool
Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.
Boosted.ai Raises $15 Million
Boosted.ai raised $15 million worth of investment funds for its generative artificial intelligence tool for investment managers.
Donald Trump Vows Tariffs on China, Mexico, Canada Over Border
Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.
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