OpenAI Launches GPT-4o Mini
OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.
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Samsung to Acquire Startup Oxford Semantic
On Thursday, July 18, Samsung Electronics announced it has agreed to acquire Oxford Semantic Technologies, a United Kingdom-based startup specializing in technologies that can be used for more sophisticated artificial intelligence apps.
UK Wage Growth Demonstrates Slowdown
A slowdown in the rate of wage growth was recorded in the United Kingdom.
Xi Jinping to Unveil Vision for Chinese Economy
The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.
ECB Reportedly to Hold Rates Steady
Officials of the European Central Bank during their meeting on Thursday, July 18, will most likely not make decisions on any changes in interest rates and will hold the corresponding indicator at the same level.
Klarna Reportedly Considers Possible 2025 US IPO
Media reports indicate that Klarna is currently weighing financial advisers for its initial public offering (IPO) in the United States.
Anthropic and Menlo Ventures Partner on AI Fund
Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of artificial intelligence.
ASML Shares Fall Amid Risk of More US Export Curbs
The value of ASML Holding NV shares was on a downward trajectory amid the prospect of tightening restrictions from the United States on the business of this Dutch company in the Chinese market.
Morgan Stanley Q2 Earnings Exceed Expectations
Morgan Stanley on Tuesday, July 16, released information on revenue and profit for the second quarter of the current year.
Demand for Indian Bonds Rises
The Indian sovereign bond market is currently gaining foreign equity investors.
Euro-Area Consumer Loan Demand Demonstrates Growth
In the eurozone, banks reported the first increase in demand for consumer credits and housing loans since 2022.
Amazon Prime Day Sales Rise
Amazon.com Inc.’s Prime Day sales for the first six hours of the relevant event showed an increase of approximately 13% compared to the figures recorded last year.
FinTech Tapi Raises $22 Million
The Tapi payment system, which is based in Argentina, has raised new financing for $22 million.
Goldman Sachs Profit Tops Expectations
Goldman Sachs on Monday, July 15, published information on its losses and profits for the second quarter of the current year.
AI and Discounts Help Smartphone Market to Grow
In the second quarter of this year, the global smartphone market recorded an increase in sales figures.
Bank of America Adds Transaction Search Engine to CashPro Platform
Bank of America has implemented a transaction search engine in its CashPro banking platform.
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