News - page 87

Science & Technology

AI Startup Glean Reportedly Plans to Raise $250 Million

The media reports that the startup Glean, which operates in the artificial intelligence industry, is currently in active negotiations on raising funds for $250 million.

Science & Technology

Apple Changes EU App Store Policy

Apple has changed its corporate policy in Europe.

Finance & Economics

China’s Consumer Prices Demonstrate Growth

In July, China recorded an increase in consumer prices, the pace of which turned out to be higher than preliminary expectations regarding the degree of intensity of this indicator.

Science & Technology

Ant Group Invests in AI Startup Mita

Ant Group led a funding round for the startup Mita Network Technology, which operates in the space of the artificial intelligence industry and specializes in the development of search engines and digital tools for writing texts.

Science & Technology

TSMC Sales Demonstrate Growth Amid AI Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) last month recorded an acceleration of the dynamic of the revenue growth rate by 44% year-on-year and 23,6% relative to the speed of movement of this figure on an upward trajectory in June.

Fintech & Ecommerce

JPMorgan Chase Rolls Out AI Assistant to Its Employees

In recent weeks, JPMorgan Chase has implemented a digital assistant based on generative artificial intelligence for its employees.

Blockchain & Crypto

Thailand to Test Crypto Services in Sandbox Environment

A dedicated regulatory sandbox will help crypto firms in Thailand to experiment with the development of new digital asset services.

Science & Technology

Chinese Chipmaker SMIC Reports Q2 Earnings

Semiconductor Manufacturing International Corp (SMIC) on Thursday, August 8, released information on the financial results of its activities in the second quarter of the current year.

Finance & Economics

Experts Say About Low Likelihood of Emergency Interest Rate Cut by Fed

A sharp slowdown in the pace of the dynamic of the growth in the labor market in the United States has provoked rumors that the Federal Reserve may begin to soften its monetary policy strategy, providing for cutting interest rates, even before its September policy meeting.

Finance & Economics

Maersk CEO Says About Lack of Sign of US Recession in Freight Demand

Shipping giant Maersk, which has the status of a kind of barometer of the state of affairs in the world trade system, is convinced that currently there are no signs of a recession scenario in the global economy since the level of demand for services related to freight transportation continues to remain at high levels.

Blockchain & Crypto

BitGo Secures Payment License in Singapore

US crypto company BitGo can now expand its operations in Singapore with regulated digital payment token services.

Science & Technology

Apple Reportedly to Charge Up to $20 for Some AI Features

Apple may begin to implement the practice of charging its users up to $20 for using advanced artificial intelligence features.

Fintech & Ecommerce

Klarna Reportedly Gauges Investor Interest in Secondary Share Sale

The media reports that Klarna is currently assessing the interest of investors in buying existing shares of the company on the secondary market.

Finance & Economics

JPMorgan CEO Doubts About Return of Inflation to Fed’s 2% Target

JPMorgan Chase & Co. chief executive officer Jamie Dimon said he was skeptical about the prospects that the inflation rate in the United States would return to the Federal Reserve’s 2% target.

Science & Technology

SoftBank Announces $3.4 Billion Buyback

SoftBank Group Corporation announced a share buyback worth up to 500 billion yen ($3.4 billion).

Science & Technology

Amazon Launches New Version of Its AI Image Generator

Amazon has unveiled a new version of its own image generation model, the Titan Image Generator.