Conversational AI to Hit $57B in Revenue by 2028
Conversational AI may seem in full bloom today, but analysts say it’s just the beginning.
Report - page 16
Nvidia Sales Demonstrate Growth
Nvidia on Wednesday, February 26, published information about its earnings for the fourth fiscal quarter, which exceeded Wall Street’s preliminary expectations.
Amazon Unveils Revamped Alexa
Amazon on Wednesday, February 26, unveiled the long-awaited overhaul of its Alexa digital assistant, for access to which the company will charge a monthly subscription fee.
Bitwise Raises $70 Million
Bitwise, a cryptocurrency-focused asset manager, has completed a $70 million raising equity.
Zip Says About High Demand on BNPL
Buy Now, Pay Later (BNPL) provider Zip, which is based in Australia, last Tuesday, February 25, reported that demand from consumers and merchants dropped its growth in the last half of the past year.
DebtBook Launches Sizing Feature for Its Debt Management Solution
DebtBook, a software provider for governments and nonprofit treasury teams, is launching a new debt management tool.
Ascenda and Galileo Start Partnership
Ascenda and Galileo Financial Technologies announced the beginning of cooperation, which aims to help banks, fintech companies, and other brands launch card loyalty programs.
Quantum Machines Raises $170 Million
Quantum Machines, an Israeli startup that provides quantum control solutions to other professionals in the relevant area, raised $170 million.
Thoma Bravo Launches $1.8 Billion Fund
Thoma Bravo has closed a 1.8 billion euro ($1.89 billion) foundation dedicated to European software deals.
Perplexity AI Announces Web Browser Comet
Artificial intelligence-powered search engine Perplexity AI is currently planning to launch its own web browser.
Anthropic Launches New AI Model
The startup Anthropic, which is based in San Francisco and operates in the space of the artificial intelligence industry, presented a new frontier AI model called Claude 3.7 Sonnet.
Bitcoin Drops to 3-Month Low
Bitcoin dropped below the $90,000 level overnight, being weakened by sell pressure in equities, as the cryptocurrency market is currently awaiting the next catalyst.
Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty
Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.
Prosus Plans to Buy Just Eat Takeaway
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
Stablecoins to Cut Business Costs by $26 Billion Worldwide by 2028
Business savings achieved through stablecoin use will increase by 73% compared to 2025, according to a recent forecast.
Highly Fragile Countries Depend on Remittances the Most
Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.
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