Startup Recogni Nabs $102 Million to Design AI Chip
Recogni Inc., an artificial intelligence startup that specializes in creating technologies to support autonomous vehicles, reported that it managed to raise investment funds for $102 million.
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Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
Airlines to Scan People’s Faces Instead of IDs
Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.
Reddit Reportedly Signs AI Content Licensing Deal
Reddit has signed a contract that provides for the possibility of using content posted on this social media platform to train artificial intelligence models.
U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.
DoorDash Increases Its Retail Presence
DoorDash is gradually undergoing a process of functional transformation from a digital restaurant food delivery platform into something more than a super app, expanding its retail offerings.
Bank of America and Starbucks Roll Out Rewards Program
Bank of America and Starbucks customers will get more benefits by linking accounts opened in a financial institution and a company that owns an international chain of fast-food cafes.
OpenAI Gives ChatGPT Ability to Remember Facts From Chats
OpenAI is currently testing a new feature for its artificial intelligence-based chatbot called ChatGPT, which will save information after the end of the user’s interaction session with the digital assistant.
Robinhood Targets New Products
As part of its future activity planning, Robinhood focuses on developing new products and expanding its global presence by launching businesses in new markets.
Atlanta Fed Chief Says About Prospects of Rate Cuts
Atlanta Fed President Raphael Bostic described the most likely, in his opinion, trajectory of the inflationary process in the United States in the current year as slow and bumpy.
Nvidia Exceeds Amazon in Market Value
Nvidia Corp. on Monday, February 12, overtook Amazon.com Inc. in terms of the indicator of the company’s market value.
Disney Tests AI Tool
Disney is currently beta-testing a new advertising tool for its streaming services that matches marketing videos with scenes in shows and movies.
OpenAI Reportedly Surpasses $2 Billion in Annualized Revenue
The media reports that OpenAI’s annual revenue exceeded the $2 billion mark in December.
Pinterest Reports Earnings
The share price of Pinterest last Thursday, February 8, showed a drop against the background of the publication by this company of a revenue report for the fourth quarter of 2023, which turned out to be disappointing relative to the preliminary expectations of experts on the relevant occasion, and of a forecast containing weak estimates […]
CVS Health Enhances Omnichannel Services
Last Wednesday, February 7, CVS Health released earnings data for the fourth quarter of 2023 and the entire last year, paying special attention to initiatives aimed at improving primary health care and expanding omnichannel medical services.
Taco Bell Sees Record Digital Sales
Taco Bell’s parent company Yum Brands continues to direct investment funds into digital technologies.
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