News - page 18

Science & Technology

Bain Backs AI Cybersecurity Startup Dream

Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.

Finance & Economics

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

Finance & Economics

Bank of England Governor Warns Economy Static

Bank of England Governor Andrew Bailey warned that the United Kingdom’s economic system is still static.

Finance & Economics

Bundesbank President Says US Tariffs to Hit Germany Particularly Hard

Bundesbank President Joachim Nagel said Germany would be particularly hard hit by protectionism and trade tariffs from the United States, worsening the already bleak prospects for Europe’s largest economic system.

Science & Technology

Amazon Reportedly to Delay Updated Alexa

The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.

Blockchain & Crypto

Deutsche Börse CEO Says EU Needs Permanent CBDC

Stephan Leithner, chief executive officer of German securities marketplace Deutsche Börse, calls for financial reforms in the European Union, including establishing a permanent digital euro.

Blockchain & Crypto

Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.

Science & Technology

Figure AI Reportedly in Talks for New Funding

The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.

Fintech & Ecommerce

Revolut Launches in Ukraine

Residents of Ukraine can now open European multi-currency accounts through Revolut Bank.

Science & Technology

Meta Plans Investments Into AI-Driven Humanoid Robots

Meta Platforms is establishing a new division within its Reality Labs unit to develop artificial intelligence-powered humanoid robots that are expected to be capable of helping humans perform physical tasks.

Science & Technology

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.

Finance & Economics

US Retail Sales Demonstrate Decline

In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.

Science & Technology

OpenAI Seeks to Grand Expansion

OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.

Fintech & Ecommerce

Affinity Africa Raises $8M to Expand Affordable Banking for Individuals and MSMEs

Affinity Africa, a Ghana-based digital banking platform, raised seed funding to provide affordable and accessible financial services to underserved and unbanked individuals and micro, small, and medium enterprises (MSMEs).

Science & Technology

Baidu Democratizes Access to Ernie AI Model

Chinese AI pioneer Baidu wants to make its Ernie 4.5 model open-source and free to use as the industry competition surges.

Science & Technology

ServiceNow Launches AI Transformation Suite for US Federal Agencies

As the US federal government is focused on improving agencies’ workflows and legacy systems, ServiceNow underscores its dedication to transforming public sector operations through advanced technology with the new Government Transformation Suite.