Amazon Presents New Slate of AI Models
Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, which, among other things, allow users to generate text materials, images, and videos.
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Baidu to Test Robotaxi Service in Hong Kong
Baidu has secured approval to test its Apollo Go robotaxi service in Hong Kong, extending its autonomous vehicle operations beyond mainland China.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
Argil Raises $5.2 Million
Argil has closed a seed round supporting its virtual platform powered by artificial intelligence, which helps businesses, educators, and creators to produce videos.
Mistral AI Reportedly Eyes US Expansion
The media reports that currently the French startup Mistral AI, which operates in the artificial intelligence industry, is stepping up its expansion efforts in the United States to compete with technology giants based in Silicon Valley.
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.
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.
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.
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.
Revolut 2025 Vision Features AI Assistant, Mortgages, Branded ATMs, and More
Revolut unveiled its 2025 product roadmap which includes a smart in-app AI companion, digital mortgages, branded ATMs and a suite of business-oriented products.
Klarna Reports SEK 216 Million Profit, Opens Hub in Warsaw
Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.
Intuit Adds AI-Powered Financial Assistant to QuickBooks
Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.
Lightning AI Raises $50 Million
The artificial intelligence development platform Lightning AI was able to raise equity investments worth $50 million.
Amazon to Invest Another $4 Billion in Anthropic
Amazon on Friday, November 22, announced that it will invest an additional $4 billion in Anthropic, a startup operating in the space of the artificial intelligence industry.
PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.
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