CuspAI Raises $30 Million
CuspAI, a company based in Cambridge, United Kingdom, was able to secure $30 million.
CuspAI, a company based in Cambridge, United Kingdom, was able to secure $30 million.
In the United Kingdom, unemployment unexpectedly rose, reaching its highest level in more than two and a half years.
Currently, in the United Kingdom, local executives in the technology area and entrepreneurs declare their desire for the next government of this country to focus on the development of skills related to artificial intelligence and on fiscal measures aimed at providing conditions for the implementation of the economic growth process.
Neobank Monzo has recorded the first profitable year in its entire history, as a result of which this virtual lender, relying on positive financial indicators, is now planning to scale up its activities.
Visa has launched a real-time artificial intelligence-based fraud detection service in the United Kingdom.
In the United Kingdom, the inflation rate in April was the lowest in almost three years.
In the United Kingdom, local regulators imposed a fine of 62 million pounds ($79 million) on bank Citi, which head office is located in New York.
The media reports that local authorities in the United Kingdom are currently working to increase the transparency of the training process by technology companies of their artificial intelligence models.
The economy of the United Kingdom has left the recession zone, as evidenced by the fact that in the first quarter of the current year, the local gross domestic product (GDP) showed growth of 0.6% compared to the previous three months.
British neobank Monzo on Wednesday, May 8, announced that it had managed to raise investments for $190 million.
Zopa Bank has announced that it has managed to amass customer deposits of 4 billion pounds.
Sasha Mills, executive director of Financial Market Infrastructure (FMI) at the Bank of England, said that much more needs to be done in the context of increasing cyberattack preparedness for companies that provide payment transaction services in the United Kingdom.
The new High Growth IP Loan that Sci-Net secured from NatWest has been developed in cooperation with specialist IP evaluation company Inngot to help unlock the funding gap for high-growth firms.
On Thursday, April 25, Barclays shares rose in price by 4% after this financial institution, based in London, published information on net income attributable to shareholders for the first quarter of the current year.
SGD 100 million loan facility provided by DBS will be used to make the global operator ComfortDelGro’s bus fleet greener in the UK.
In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.
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