Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.
Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]
The World Bank warns that the growth rate of the Chinese economic system, which is currently the second largest in the world, is likely to continue on a downward trajectory next year.
The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.
The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.
The media reports that Sam’s Club is currently preparing to launch its first store without checkout lanes.
Samsung Electronics is expected to release data on Tuesday, October 8, according to which its profit more than quadrupled last quarter amid increased demand for chips.
Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.
Currently, in the United Kingdom, there is an increase in tension between banks and technology companies specializing in the implementation of activities in the social media area, in the context of the question of which party should be responsible for paying compensation to people who have become victims of fraudulent crimes in the Internet space.
TrueLayer raised $50 million as part of its $130 million Series E funding round.
While overall funding in the European fintech sector declined by 25% year-on-year, UK companies dominate the scene, accounting for 65% of all deals in the region.
Google is adding new artificial intelligence-powered features to a version of its Maps service designed for users living in India.
The value of shares of Ubisoft, the maker of video games, on Friday, October 4, showed an increase of more than 30%.
An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.
Credit data company Experian has agreed to buy firm ClearSale, which specializes in carrying out activities in the cybersecurity area.
Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.
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