Report - page 135

Finance & Economics

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.

Finance & Economics

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.

Society & Lifestyle

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.

News

Silo Technologies Raises $132 Million

Silo Technologies reported that it managed to raise investment funds for $132 million.

News

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.

News

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.

Fintech & Ecommerce

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.

Finance & Economics

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.

News

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.

Society & Lifestyle

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.

Society & Lifestyle

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.

Science & Technology

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.

News

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.

Science & Technology

Twitter Warns Meta Not to Scrape User Data

Twitter has greeted the launch of the Meta Threads text application with a letter from its lawyer.

News

KeyBank Launches Homebuyer Assistance Program for Underserved Communities

KeyBank announced the launch of a program to assist in the purchase of housing for underserved communities.

News

OpenAI Creates New Team to Bring Superintelligent AI Under Control

OpenAI is currently creating a new team led by Ilya Sutskever, chief Researcher and one of the co-founders of the company.