Strategists at Goldman Sachs Group said that companies that specialize in the development and extension of technologies based on artificial intelligence, in terms of the value of shares and the dynamics of their growth, outperformed competitors working in the field of lending, although in this case there is no catastrophic gap between the indicators of […]
The release of generative artificial intelligence systems that are focused on solving problems, and satisfying various groups of consumer needs, for example, ChatGPT from OpenAI and Bard from Google will ensure a high level of development of the generative AI market over the next decade and will bring its financial volume to $1.3 trillion by […]
Stablecoin Tether Holdings Ltd. restored the entire market value of about $20 billion.
While many restaurants are implementing automation systems and revising the approach to understanding the acceptable number of staff without compromising the level of product quality and customer service, Chipotle founder and former CEO Steve Ells, according to media reports, decided to maximize aspirations in the process of robotization of catering establishments.
TikTok is currently testing a chatbot based on artificial intelligence, through which users will be able to search and discover the content they need.
Germany has slipped into recession amid a decline in consumer spending after last year’s shock in energy prices.
The Turkish marketing platform Insider, supported by artificial intelligence, announced the attraction of investment funds in the amount of $105 million following the results of the financing round.
Disney will soon begin the third stage of the campaign to reduce the workforce.
Telecommunications giant BT has announced its intention to cut 55,000 jobs by the end of this decade.
Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.
The media reports that PacWest Bancorp, which is in a difficult situation, is considering selling, breaking up, or increasing its capital.
US Treasury Secretary Janet Yellen said there is a risk that the US will run out of cash by June 1 if Congress does not decide to raise or suspend the debt ceiling.
The number of registered mobile money accounts globally rose by 13% in 2022, while total mobile money transaction values grew to $1.26 trillion
Bruce Van Son, CEO of Citizens Financial Group, speaking on the Bloomberg Baystate Business Hour podcast, said that regional banks have the potential to fully compete with larger representatives of industry.
First Republic Bank intends to reduce its workforce by 25% in the second quarter of this year.
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