Meta Resumes AI Training in UK
After a lengthy pause caused by regulatory hurdles, Meta will begin training its AI models using public content shared by adult UK citizens on Facebook and Instagram.
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Revolut Reportedly Seeks to Expand Into UAE and Saudi Arabia
The media reports that Revolut, a fintech company based in the United Kingdom, currently has plans to expand the scope of its activities in the Gulf Cooperation Council (GCC) member countries.
China Fines PwC for Its Role in Evergrande Collapse
In China, local regulators imposed a six-month business suspension and a record fine of 441 million yuan ($62 million) on PwC’s auditing unit in the mainland of this Asian country.
Adobe Shares Demonstrate Sharp Decline
The value of Adobe shares fell by almost 10% on Friday, September 13, after the Photoshop developer released a disappointing quarterly earnings forecast, which provoked fears that returns from its push toward artificial intelligence design would become a scenario for a longer period of materialization compared to initial expectations.
Google to Help Small Businesses to Integrate AI
Google has presented initiatives aimed at helping small business companies integrate artificial intelligence technologies.
Form3 Raises $60 Million
Form3 has completed an extension of the $60 million Series C funding round.
Amazon Invests Another $2.1 Billion in Its Delivery Service Partner
Amazon has invested another $2.1 billion in its program called Delivery Service Partner (DSP), which is designed to help entrepreneurs who are representatives of the small business sector build delivery companies.
KeyBank Invests In Zentist Software
Cleveland-based KeyCorp, the parent company of KeyBank, announced a strategic partnership with Zentist, a provider of cloud-based insurance revenue cycle management (RCM) software for dental support organizations (DSOs) across the United States.
S&P Global Ratings Economist Says About China’s Ability to Deal With Property Crisis
Paul Gruenwald, global chief economist at S&P Global Ratings, says that the current state of affairs in the Chinese real estate market is the biggest factor of risk in reducing the economic growth target of this Asian country and notes that Beijing does not seem to be going to make any significant changes to overcome […]
OpenAI Presents New AI Model
OpenAI presents a new model of artificial intelligence, which was internally known as Strawberry.
Conversational Commerce Startup Connectly Raises $20 Million
Connectly, a startup operating in the area of conversational commerce, announced that it managed to raise $20 million in financing.
Shoplazza Partners Stripe for Payment Solution
Shoplazza Payments powered by Stripe provides real-time insights into e-commerce operations and improves the acquisition and settlement of online orders for businesses.
Stablecoin Payments Near $1B in Singapore
The second quarter of 2024 saw record stablecoin payments in Singapore, showing an over 5,000% surge compared to the same period last year.
Gusto Offers AI Assistant for SMBs
Gus by Gusto uses AI to guide hiring and compensation decisions, proactively assess compliance risks, check regulatory updates, and create personalised insights for most business aspects.
BurgerFi Files for Bankruptcy
Fast casual chain BurgerFi filed for Chapter 11 bankruptcy and announced it on Wednesday, September 11.
AWS to Invest $10 Billion in UK Data Centres
Unit of Amazon, which specializes in cloud computing and is called Amazon Web Services (AWS), on Wednesday, September 11, announced its intention to invest 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years.
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