European Inflation Cools
Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.
Report - page 26
Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan
The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.
Scammers Use Social Media Selfies and GenAI
The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.
ChinaAMC Launches Hong Kong’s Retail Tokenised Money Market Fund
ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management Company, has launched the city’s first tokenised money market fund, which is also available to retail investors.
Temu Partners With Nuvei
Global online marketplace Temu is partnering with Canadian fintech company Nuvei to provide worldwide customers with greater access to local payment methods.
OpenAI Launches GPT-4.5 for Some Paying Users
OpenAI, one of the largest players in the global artificial intelligence industry, has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide.
Stripe Says AI Boom Drives 38% Increase in Payment Volume
Stripe’s investments in artificial intelligence and machine learning contributed to the rapid growth of the financial infrastructure platform last year, as the company’s co-founders Patrick Collison and John Collison wrote in their annual letter to the community of the firm, which was published on Thursday, February 27.
Amazon Unveils Quantum Chip
Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.
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.
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.
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