LightOn to Become Europe’s First Listed GenAI Startup
The French startup LightOn, which operates in the area of generative artificial intelligence, has launched an initial public offering (IPO) of shares on the Euronext Growth market in Paris.
France
Mistral AI Releases New Products
The French startup Mistral AI presented its first models of generative artificial intelligence designed to function on such devices as laptops and smartphones.
Do Revenues and Sales Depend on a Variety of Payment Methods?
In an effort to boost sales, merchants strive to provide excellent customer experience and utmost payment flexibility. But does the variety of payment methods available on the e-commerce platform account for bigger revenues or scare customers away? We’re here to analyse a possible connection and decide whether the focus on payment variety is worth the […]
Societe Generale Sells UK and Swiss Private Banking Units to Refocus
French banking group Societe Generale has agreed to sell its British and Swiss private banking divisions to Union Bancaire Privée for an estimated price of €900M to achieve “a streamlined, more synergetic and efficient business model”
BNP Paribas and Mistral AI Forge Banking Pact
French bank BNP Paribas has announced the beginning of a large-scale partnership with Mistral AI, a startup based in the same country operating in the artificial intelligence industry.
French Antitrust Regulator Reportedly Targets Nvidia
The media reports that charges will be filed in France against the US developer of chips Nvidia for violating antitrust laws.
Amazon to Invest in France
Amazon on Monday, May 13, announced plans to invest more than 1.2 billion euros ($1.3 billion) in its operations in France.
Microsoft to Invest €4 Billion in France
Microsoft intends to invest €4 billion ($4.3 billion) to build cloud and artificial intelligence infrastructure in France.
BNP Paribas First-Quarter Profit Beats Forecasts
BNP Paribas Bank on Thursday, April 25, released earnings data for the first quarter of 2024, which exceeded preliminary expectations.
Payflows Raises $26 Million
French fintech company Payflows has announced that it has managed to raise $26 million in investment funds for its all-in-one platform for financial teams.
JPMorgan to Cooperate With Cartes Bancaires CB
JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.
France’s Inflation Rate Falls
In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.
France and Germany to Propose Measures for Economic Growth
French Finance Chief Bruno Le Maire said that in early March he would make proposals to German Economy Minister Robert Habeck to reduce the norms of the European Union, which, in his opinion, are a factor of negative impact on business and create obstacles to economic growth.
Credit Agricole Acquires 7% Stake in Worldline
Credit Agricole announces a minority stake acquisition in Worldline expanding on their exclusive strategic long-term partnership.
Staking Technology Provider Kiln Raises $17 Million
French startup Kiln, which operates in the sphere of cryptocurrencies, has successfully completed a $17 million funding round.
HSBC Completes Sale of Its French Retail Banking Business
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.
Breaking News
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.