News - page 72

Finance & Economics

Neobank Zopa Raises $93 Million

The British neobank Zopa announced that following the results of the next round of financing, it managed to raise investment funds for 75 million pounds ($93 million).

Science & Technology

Ant Launches AI Language Model

The Chinese firm Ant Group Co presented an artificial intelligence tool, which is intended for use in the areas of money management and insurance services.

Science & Technology

IBM Launches New Version of WatsonX AI Platform

IBM has announced the release of new enhancements for its WatsonX artificial intelligence platform.

Blockchain & Crypto

JPMorgan Reportedly Considers Using Blockchain for Cross-Border Payments

The media reported that JPMorgan is currently exploring the possibility of using blockchain technology to create a digital deposit token.

Science & Technology

Anthropic Introduces Paid Plan for Its AI Assistant

The company Anthropic has introduced a tariff plan for its virtual assistant based on artificial intelligence called Claude.

Science & Technology

OpenAI to Hold Developer Conference

OpenAI will hold its first developer conference in the fall.

Science & Technology

Foxconn Wants to Cooperate With STMicro to Build India Chip Plant

Foxconn Technology Group is teaming up with STMicroelectronics NV to jointly participate in a tender for the construction of a semiconductor plant in India.

Finance & Economics

Citizens Financial Group CEO Expects Limited Consolidation in Banking Area

Bruce Van Saun, CEO of Citizens Financial Group, believes that in the near future, the scale of consolidation in the American banking sector will be limited due to the impact on the situation in the industry of such negative external factors as high interest rates and significant degree of pressure from regulators.

Science & Technology

Qualcomm CEO Says AI to Revive Smartphone Market

The head of Qualcomm, a chip manufacturing company, believes that artificial intelligence can become a significant influence factor that will change the state of affairs in the smartphone market.

Fintech & Ecommerce

Shop Circle Raises $120 Million

Shop Circle announced that following the results of the Series A financing round, it managed to raise investment funds for $120 million.

Society & Lifestyle

China Reportedly Plans to Ban on Use of iPhone in State Firms and Agencies

The media reported that the Chinese authorities plan to expand the scope of the ban on the use of smartphones of the iPhone line, which is currently applied to secret units, by extending this restrictive measure to agencies that receive government support and state-owned companies.

Science & Technology

EU Names Six Tech Giants to Comply With DMA

The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)

Finance & Economics

Nubank Launches Personal Loans in Mexico

Latin American fintech bank Nubank has announced the launch of a consumer lending program for its customers in Mexico.

Finance & Economics

Venture Investor 500 Global Raises $143 Million

One of the most active early-stage venture investors in Southeast Asia, 500 Global, announced that he managed to raise funds in the amount of $143 million, which will be used to increase the volume of investments in the mentioned region.

Science & Technology

TikTok Opens Its First European Data Centre

TikTok has opened its first European data center, which is based in Dublin.

Society & Lifestyle

Google Tentatively Settles Play Store Antitrust Suit

Alphabet has tentatively settled claims that Google Play is involved in the practice of abusing its powers to control mobile apps designed for devices running on the Android operating system.