Venture Capital Firms Reportedly Slash Funds
The media reports that currently, companies with venture capital are reducing the volume of their mega funds after many years of accumulation and formation of the base of the financial asset.
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Google Play Games Beta for PC Expands to New Countries
Google has expanded access to the beta version of the Play Games project for PC, with which users can play games designed for Android software on Windows devices.
Citigroup Fixes Personal Banking Revenue Growth in US
Citigroup reported that by the end of the second quarter of this year in the United States, the revenue received by this financial institution as a result of the provision of personal banking services increased by 11% compared to the indicator for the same period in 2022 and amounted to $4.6 billion.
Top China Mutual Fund Bets on AI Stocks for Recovery
China’s most highly performing mutual fund, Soochow Mobile, is currently preparing for the recovery of onshore shares.
Stability AI Co-Founder Says About Forcing Sale of Stake in Company
The co-founder of Stability AI sued this company, stating that manipulation was used against him, containing deception at its core, because of which he was forced to sell his stake in the company for $100.
Silo Technologies Raises $132 Million
Silo Technologies reported that it managed to raise investment funds for $132 million.
Elon Musk Launches AI Company
Elon Musk announced the creation of the company xAI, which will carry out activities in the area of artificial intelligence.
Threads Tops ChatGPT’s Record With 100 Million Users in 5 Days
The number of users of the new social network, launched by the tech giant Meta and called Threads, reached 100 million people last weekend.
Citi Debuts Digital Platform for Commercial Banking Customers
Citi announced the launch of a digital platform that is designed for clients of a financial institution from commercial banks.
Balance Introduces Surcharge Fee Option for Credit Card Transactions
In the USA, Balance, a company that offers integrated payment solutions to consumers of financial services, announced the launch of a program for charging additional fees.
BIS Says 93% of Central Banks Work on Digital Currencies
The Bank for International Settlements (BIS) conducted a new study, according to the results of which the growth of the popularity of digital currencies of the central bank (CBDC) was recorded.
Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program
Snapchat’s plan to distribute the income received as a result of the placement of advertising materials or the results of other activities to promote brand products, with content creators is likely to be effective and will bring significant benefits to the social network.
Bangladesh Government Website Leaks Citizens’ Personal Data
A leak of the personal information of citizens was recorded on the website of the Government of Bangladesh.
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor
Semiconductors used in the field of artificial intelligence have long-term prospects for a high level of demand, which caused a change in the direction of an optimistic assessment of the attitude of Morgan Stanley specialists to the future application of chip stocks in Greater China, South Korea, and Japan.
OpenAI Makes GPT-4 Generally Available
Last Thursday, July 6, OpenAI announced the universal availability of GPT-4, its latest model of generative artificial intelligence, through its API.
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