Report - page 80

BIS Says AI Challenges Central Banks
Fintech & Ecommerce

BIS Says AI Challenges Central Banks

The Bank for International Settlements shared its opinion and vision of how financial institutions, primarily those of these organizations that have the status of state regulators, should respond to the active spread of artificial intelligence and interact with this advanced technology.

Huawei Makes Progress in Its Recovery
News

Huawei Makes Progress in Its Recovery

Huawei is currently going through one of the most iconic and remarkable periods not only in its history but also in the history of the high-tech industry.

Pismo Activates Ledger Update
News

Pismo Activates Ledger Update

Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.

China Considers Countermeasures After US Intention to Curb Outbound Tech Investment
Science & Technology

China Considers Countermeasures After US Intention to Curb Outbound Tech Investment

The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.

Verituity Raises $18.8 Million
Fintech & Ecommerce

Verituity Raises $18.8 Million

Verituity raised $18.8 million to support the growth of its B2B and B2C verified payments platform.

German Business Expectations Fall
Finance & Economics

German Business Expectations Fall

Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.

OpenAI Buys Enterprise Startup
Science & Technology

OpenAI Buys Enterprise Startup

OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.

Bank of England Keeps Interest Rates at 5.25%
News

Bank of England Keeps Interest Rates at 5.25%

Last Thursday, June 20, the Bank of England, during its regular meeting, decided to keep interest rates at 5.25%.

SoftBank CEO Predicts AI to Surpass Significantly Human Mind in 10 Years
News

SoftBank CEO Predicts AI to Surpass Significantly Human Mind in 10 Years

SoftBank CEO Masayoshi Son on Friday, June 21, during a rare public appearance, said that artificial intelligence, which in terms of cognitive abilities is 10,000 times greater than the capabilities of the human mind, will emerge, in his opinion, in 10 years.

Indian Startup Zepto Targets IPO
Fintech & Ecommerce

Indian Startup Zepto Targets IPO

The Indian startup Zepto, which specializes in carrying out activities to provide grocery delivery services to consumers, is currently preparing to go public.

Fintech Company Pine Labs Reportedly Weighs $1 Billion IPO in India
Fintech & Ecommerce

Fintech Company Pine Labs Reportedly Weighs $1 Billion IPO in India

Pine Labs Pvt, the Asian digital payment provider backed by Peak XV Partners and Mastercard Inc., is currently considering raising about $1 billion in investment funds during an initial public offering (IPO) of shares in India.

Kaspersky Study Shows That 60% of Passwords Can Be Cracked in Under an Hour
News

Kaspersky Study Shows That 60% of Passwords Can Be Cracked in Under an Hour

A fresh cybersecurity study from the Kaspersky team revealed alarming results—only 23% of passwords are strong enough, while 45% of real-world passwords could be cracked in less than a minute.

Singapore Says About Laundering Risk
Finance & Economics

Singapore Says About Laundering Risk

Singapore has stated that its banking sector poses the highest money laundering risks to the city-state.

AI Video Startup HeyGen Raises $60 Million
Science & Technology

AI Video Startup HeyGen Raises $60 Million

HeyGen, a startup operating in the artificial intelligence industry, received investment funds for $60 million following the results of the financing round that values the firm at $500 million.

Anthropic Releases New AI Model
Science & Technology

Anthropic Releases New AI Model

Anthropic, a startup operating in the artificial intelligence industry, has developed a new AI model.

VC Breega Hits First Close of $75 Million Africa Fund
Finance & Economics

VC Breega Hits First Close of $75 Million Africa Fund

The Paris-based venture capital firm Breega is setting up a $75 billion fund to invest in early-stage startups in Africa.