Silicon Valley Bank Launches Improved Digital Banking Platform
Silicon Valley Bank (SVB), which became the unit of First Citizens Bank after its resonant collapse in March 2023, presented several new products and services.
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OpenAI Executives Say About Potential of AI to Do Any Job
The leaders of OpenAI suppose that over the next ten years, artificial intelligence will receive the abilities and capabilities sufficient to perform any work that is in the space of human activity.
Apple CEO Visits China Amid iPhone Sales Drop
The media reports that Apple CEO Tim Cook visited China, one of the largest markets for the company’s products and an important manufacturing center, as part of an unannounced trip.
Revolut Continues Its Attempts to Obtain British Banking License
Revolut continues its difficult path to obtaining a banking license in the United Kingdom.
Chinese Authorities Investigate Foxconn
The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.
Paytm Reports 32% Revenue Growth
Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.
Citi Rolls Out New Travel and Expense Management System
Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.
IMF Forecasts Increase in India’s Contribution to Global Economic Growth
The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.
Global Exodus From Chinese National Equities Shows Growth
Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.
China Plans to Restrict Exports of Graphite
China plans to impose restrictions on the export of graphite, a mineral from the class of native elements, the importance of which in the sphere of production of batteries for electric vehicles is critical.
Google to Manufacture Its Smartphones in India
Google will launch production of its Pixel 8 smartphones in India next year.
IBM Expands Collaboration With AWS
IBM announced the expansion of cooperation with Amazon Web Services (AWS) to further promote the development of generative artificial intelligence tools.
US Tightens Rules on Chip Exports to China
The administration of the President of the United States Joe Biden has reduced the number of types of semiconductors that local companies can supply to China.
OpenAI Develops Tool to Detect AI-Generated Images
OpenAI is currently working on creating a tool to detect images that have been created using artificial intelligence.
Meta Product Chief Says About Ability of AI Chatbots to Lure Advertisers
Meta Platforms Director of Products Chris Cox said that, in his opinion, chatbots with artificial intelligence will gradually become a more attractive tool for advertisers and believes that these digital products will gradually go beyond the status of a way to stimulate interaction with a particular digital platform.
Goldman Sachs Reports Q3 Earnings
Goldman Sachs last Tuesday, October 17, published an earnings report for the third quarter of this year.
