Report - page 110

Samsung Electronics Posts Drop in Operating Profit
Science & Technology

Samsung Electronics Posts Drop in Operating Profit

Samsung Electronics on Wednesday, January 31, published data according to which the company’s operating profit for the fourth quarter of last year showed a decline of 34.57% compared to the result for the same period in 2022.

Nvidia Joins Funding for AI Chatbot Maker Kore.ai
Science & Technology

Nvidia Joins Funding for AI Chatbot Maker Kore.ai

Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.

IMF Lifts World Economic Outlook
Finance & Economics

IMF Lifts World Economic Outlook

The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.

China Approves 14 Large Language Models
News

China Approves 14 Large Language Models

In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.

Amazon Terminates iRobot Deal
Finance & Economics

Amazon Terminates iRobot Deal

Amazon.com Inc. refused to implement the deal for the acquisition of iRobot Corp.

AI Startup Sierra Reportedly Plans to Raise $85 Million
Science & Technology

AI Startup Sierra Reportedly Plans to Raise $85 Million

The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.

Evergrande Approaches Liquidation
Finance & Economics

Evergrande Approaches Liquidation

The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.

PayPal Unveils New Products
News

PayPal Unveils New Products

PayPal has presented new features based on artificial intelligence.

Fidelity Forecasts China’s Economy Gradual Improvement in 2024
Finance & Economics

Fidelity Forecasts China’s Economy Gradual Improvement in 2024

Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.

Baidu’s AI Chatbot to Power Samsung’s New Galaxy S24 Smartphones
Science & Technology

Baidu’s AI Chatbot to Power Samsung’s New Galaxy S24 Smartphones

Baidu AI Cloud integrates its Ernie chatbot into Samsung Galaxy S24 smartphones, the use of which in new devices of the South Korean manufacturer, in addition to many functions, will provide users with the opportunity to translate conversations during phone calls.

B2B Provider Mondu Raises $33 Million
News

B2B Provider Mondu Raises $33 Million

B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).

OpenAI Introduces Additions to Its Artificial Intelligence Models
Science & Technology

OpenAI Introduces Additions to Its Artificial Intelligence Models

OpenAI has presented several additions to its artificial intelligence models and services.

US Economy Demonstrates Growth
News

US Economy Demonstrates Growth

The United States economy demonstrated what can be described as shocking resilience in the fourth quarter of last year.

Mastercard to Ease Adoption of Biometric Authentication
Fintech & Ecommerce

Mastercard to Ease Adoption of Biometric Authentication

Mastercard announced the launch of the Mastercard Biometric Authentication Service, a solution designed to enhance security and provide maximum convenience for consumers.

Publicis Plans €300 Million AI Investment
Science & Technology

Publicis Plans €300 Million AI Investment

Publicis Groupe SA has announced its intention to invest €300 million in artificial intelligence over the next three years.

HSBC Unveils Its Transition Plan
Finance & Economics

HSBC Unveils Its Transition Plan

HSBC Holdings Plc has published the first so-called transition plan in its history.