France - page 2

News

French Prosecutor’s Office Investigates BNP Paribas

In France, the prosecutor’s office is currently investigating alleged aggravated money laundering related to financial transfers made by a Cypriot brokerage company that interacted with the custodial unit BNP Paribas.

Science & Technology

Mistral AI Plans to Raise $487 Million

The French startup Mistral AI, which operates in the artificial intelligence industry, intends to raise funds for about €450 million ($487 million) as part of its latest financing round.

Fintech & Ecommerce

Credit Agricole Reportedly Considers Acquiring Stake in Worldline

The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.

News

French Economy Unexpectedly Contracts

In France, according to the results of the third quarter of this year, the economy contracted, which came as a surprise to analysts who predicted a positive situation.

Science & Technology

French Finance Minister Says Nvidia’s AI Dominance Stifles Competition

French Finance Minister Bruno Le Maire said that the dominance of the American company Nvidia in the sphere of artificial intelligence, which shows a trend of steady growth, negatively affects the situation in the industry from the point of view of competition.

News

Startup Mistral AI Presents Its First Generation AI Model

The French startup Mistral AI presented its first model of generative artificial intelligence.

Science & Technology

Billionaire Xavier Niel Invests €200 Million in AI

Billionaire Xavier Niel is investing €200 million ($212 million) in artificial intelligence.

Science & Technology

France Suspends iPhone 12 Sales

In France, local authorities have ordered Apple to stop the process of selling smartphones of the iPhone 12 model.

Blockchain & Crypto

French Regulator Searches Worldcoin Paris Office

The French data regulator CNIL this week conducted searches at the regional Worldcoin office, which is located in Paris.

News

Worldcoin Wallet App Surpasses 1M Downloads

Worldcoin’s World App exceeds one million wallets, while 346,568 wallets are already holding Worldcoin (WLD) tokens

News

French Regulator Draws Attention to Apple’s Ad Policy

The French competition authority has expressed dissatisfaction with the concept of Apple’s advertising policy.

Blockchain & Crypto

Societe Generale Unit Gets Crypto License

The blockchain unit of Societe Generale announced the receipt of a license, which was issued within the framework of the new cryptography rules in France.

Finance & Economics

Orange to Exit Banking Business

The French telecommunications company Orange has intentions to exit the retail banking business in Spain and France.

Fintech & Ecommerce

Modulr Expands Embedded Payments Offerings to France and Spain

Modulr has expanded the geography of the application of its offer for instant payments.

News

AI Startup Mistral Raises $113 Million

The French startup Mistral AI has raised investment funds in the amount of $113 million following the results of the initial round of financing.

Fintech & Ecommerce

DJUST Raises $12.9 Million for B2B eCommerce SaaS Platform

The B2B DJUST SaaS e-commerce platform, which is based in Paris, announced that following the results of the Series A financing round, it managed to raise investment funds for $12.9 million.