Intel CEO Says About Good Prospects of Company
Intel Corporation Chief Executive Officer Pat Gelsinger said that the company is currently on track to achieve indicators that are in line with forecasts for the third quarter.
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Bumble CEO Says AI to Help Establish Meaningful Connections
Whitney Wolfe Herd, founder, and CEO of the dating app Bumble, is convinced that artificial intelligence can become a kind of means to combat the epidemic of loneliness in the United States, noting that the new generation of technology has the potential for a profound transformation of the dating industry.
X Now Has Seven State Licenses For Payments Including Crypto
X, former Twitter, platform is on its way to transforming social media into a financial super app. With the latest license approved in Rhode Island, X can provide financial services in seven US states
Morgan Stanley Downgrades Palantir Technologies
Palantir Technologies has been downgraded at Morgan Stanley, which is the latest signal of Wall Street’s skepticism about this company specializing in software development and positioning itself as a major player in the sphere of artificial intelligence.
Court Favours Grayscale Over SEC in Spot Bitcoin ETF Case
Despite the legal victory of Grayscale, it’s too early for spot Bitcoin ETF proponents to cheer
Startup Hyperproof Raises $40 Million
Hyperproof, which provides software as a service, on Wednesday, August 30, announced that following the results of a funding round led by Riverwood Capital and with the participation of the venture capital firm Toba Capital, which is at an early stage of development, it managed to raise $40 million.
Amazon Acquires Company Fig
Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.
OpenAI Approaches $1 Billion of Annual Sales
The media reported that the annual revenue of OpenAI is approaching the landmark mark of $1 billion.
Google Adds AI Models from Meta and Anthropic to Its Cloud Platform
Google is adding artificial intelligence tools from Meta Platforms and Anthropic to its cloud platform.
Amazon Tests Higher Free Shipping Threshold
Amazon is currently testing a minimum purchase requirement of $35 to receive a free shipping service for customers who are not members of the Prime loyalty program.
Google Reportedly Plans to Sell Maps Data
The media reported that Google intends to license mapping data sets to companies that create products using renewable energy sources.
OpenAI Launches ChatGPT for Businesses
OpenAI announced the launch of the corporate version of ChatGPT, within which additional functions and privacy guarantees are available to users.
Stellar to Help Businesses Deploy AI
The Stellar company, which is based in Indianapolis, has officially declared its mission aimed at providing assistance to enterprises in achieving competitive advantages by introducing generative artificial intelligence, machine learning, and large language models into the structure of their activities.
SoftBank Plans Its Indian Startup Founders Trip to Silicon Valley
SoftBank Group plans to send its Indian startup founders to Silicon Valley in September, where they will get acquainted with the specifics of the field of artificial intelligence and the features of advanced technology.
US Treasury and IRS Propose Crypto Tax Reporting Rules
The new crypto tax proposal from the US Treasury and IRS regulates the sale and exchange of digital assets by brokers, aiming “to close the tax gap, address the tax evasion risks posed by digital assets, and help ensure that everyone plays by the same set of rules.”
Morgan Stanley & Crowley to Advance Wind Energy Solutions in US
The new joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities with Morgan Stanley Investment Management expertise to promote offshore wind energy solutions for the US.
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