The access of most of Canada’s largest banks to the commercial property market in the United States may cause unpleasant surprises for these financial institutions against the background of deterioration in the quality of some real estate loans.
The media reports that the startup Figure AI, which carries out activities for the development of humanoid robots, is currently in the process of raising funding for $675 million with a preliminary valuation of about $2 billion.
Amazon Bedrock has announced that it will add Mistral AI models to its lineup, which will expand the range of capabilities to meet the needs of customers in generative artificial intelligence.
Swiss residents continue to opt for banknotes and coins, despite the scaling of mobile payment apps and predictions that the era of the so-called cashless society will come in the future.
Google CEO Sundar Pichai said that the rapid development of artificial intelligence can enhance security protection in cyberspace.
Golden Ventures, a Canadian-based venture capital firm, has closed over its fifth fund of more than $100 million.
Grab, a Malaysian company specializing in logistics and delivery services has reported its first profitable quarter.
It was fixed the increase in manufacturing activity in the United States.
The media reported that Google plans to launch production of its Pixel smartphones in India by the next quarter.
Google on Thursday, February 22, announced the decision to suspend the operation of the image generation function, which is included in the list of capabilities of the artificial intelligence model called Gemini.
Nvidia, the world’s largest chip manufacturer, has become one of the beneficiaries of the so-called artificial intelligence boom, which is confirmed by the financial results of this company.
The fintech company PhonePe Pvt., which is part of the Walmart ownership structure, announced the launch of a digital mobile apps store for consumers from India.
The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
Last Tuesday, February 20, Adobe launched a digital assistant based on artificial intelligence.
Barclays Plc announced its activity plans for the near future, which include taking measures to reduce costs, structural reorganization, and returning at least £10 billion to shareholders.
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