Baidu Launches Two New AI Models
Last Sunday, March 16, the Chinese company Baidu announced that it had launched two new models of artificial intelligence.
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Google DeepMind CEO Says About Prospects of Artificial General Intelligence
Google DeepMind co-founder and chief executive officer Demis Hassabis stated that there is still some way to go before the emergence of such a configuration of artificial intelligence that is able to cope with any task on a par with humans, but it is a matter of time when the corresponding digital cognitive systems will […]
Bank of America Claims Real-Time Payments Connect Businesses to Working Capital
Daniel Stanton, managing director and global head of Transactional FX at Bank of America, stated during a conversation with media representatives that as financial institutions move onto real-time payment networks, providing corporate clients with faster payment capabilities will be a long-term project.
China’s Economy Forecast Reportedly to Show Resilience
The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.
UK Economy Demonstrates Decline
The United Kingdom’s economic system showed an unexpected decline in January.
Klarna Files for US IPO
Swedish provider Buy Now, Pay Later (BNPL) loans Klarna filed its prospectus IPO on Friday, March 14, and plans to go public on the New York Stock Exchange under the ticker symbol KLAR.
Gold Prices Reach $3,000
On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.
US Stocks Rebound
In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
Omni Raises $69 Million
Omni closed a Series B funding round worth $69 million this month.
MoonPay Acquires Iron
Crypto payment giant MoonPay is expanding its push into the enterprise market as a result of the acquisition of Iron, an API-first stablecoin infrastructure startup.
Worth Raises $25 Million
Automation-focused fintech platform Worth raised $25 million in new funding.
Corsair Capital Acquires Stake in Platform IDnow
Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.
Visa Says About Results of Its Anti-Fraud Unit Activity
Visa said that its anti-fraud disruption department saved potential victims of scammers $350 million last year.
US Budget Deficit Increases
The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.
EU Launches Countermeasures Against US Metals Tariffs
On Wednesday, March 12, the European Union launched countermeasures against the United States tariffs on metal imports, announcing its intention to enact its own levies on American goods worth up to 26 billion euros ($28.3 billion).
US Inflation Declines
In the United States in February, consumer prices showed growth, the pace of which turned out to be the slowest in the last four months, against which a kind of respite is forming in anticipation of the impact of tariffs, characterized by many experts as a factor in increasing the cost of goods and services.
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