News - page 22

Science & Technology

AWS Projects Cloud & AI to Contribute $12T to Global GDP

Amazon Web Services (AWS) estimates that cloud computing and the adoption of artificial intelligence (AI) will tremendously affect global economies, unlocking multi-trillion GDP growth opportunities.

Fintech & Ecommerce

DoorDash Adds New Chains to Grocery Partner List

DoorDash adds new grocers to the list of supermarket delivery partners.

Science & Technology

Orange Partners With OpenAI and Meta

French telecommunications giant Orange announced on Tuesday, November 26, that it is collaborating with OpenAI and Meta to develop custom artificial intelligence models designed to better understand regional African languages.

Society & Lifestyle

Competition Authorities Reportedly Raid Amazon Japan

Japan’s Fair Trade Commission on Tuesday, November 26, conducted an on-site inspection of Amazon Japan on suspicion of violating antitrust laws, as reported by the media, citing an insider in the government of the Asian country.

Science & Technology

Broker Says About UK Business Damage From Cyberattacks

Insurance broker Howden on Monday, November 25, released information according to which over the past five years in the United Kingdom, businesses have lost approximately 44 billion pounds ($55.08 billion) due to cyberattacks.

Science & Technology

Pyramid Analytics Secures $50 Million

Pyramid Analytics, an artificial intelligence business analytics company, announced last Monday, November 25, that it had raised $50 million in new funding from BlackRock, the world’s largest asset manager.

Science & Technology

US Finalizes Chips Manufacturing Award for Intel

On Tuesday, November 26, the US Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel.

Science & Technology

Databricks Reportedly Closes in on Multibillion Funding Round at $55 Billion Valuation

The media reported that Databricks, a San Francisco-based technology company that is one of the most valuable private firms of the corresponding category in the world, raises billions of dollars in cash and so far has not demonstrated any significant desire to go public as quickly as possible.

Finance & Economics

Fed Officials See Interest Rate Cuts Ahead

Federal Reserve officials are currently expressing confidence in a steady downward trajectory of inflation in the United States and that the US labor market remains strong.

Science & Technology

Huawei Launches Mate 70 Series of Smartphones

Huawei on Tuesday, November 26, presented a series of Mate 70 smartphones that can run on the latest operating system developed by this company.

Science & Technology

WEX Launches AI-Powered Enhancements to Benefits Admin Tool

Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.

Science & Technology

Boosted.ai Raises $15 Million

Boosted.ai raised $15 million worth of investment funds for its generative artificial intelligence tool for investment managers.

Finance & Economics

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

Fintech & Ecommerce

Revolut 2025 Vision Features AI Assistant, Mortgages, Branded ATMs, and More

Revolut unveiled its 2025 product roadmap which includes a smart in-app AI companion, digital mortgages, branded ATMs and a suite of business-oriented products.

Fintech & Ecommerce

Klarna Reports SEK 216 Million Profit, Opens Hub in Warsaw

Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.

Finance & Economics

UniCredit Offers to Buy Banco BPM

On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.