News - page 28

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.

Science & Technology

Apptronik Raises $350 Million

Apptronik, a University of Texas spin-out specializing in building humanoid robots, on Thursday, February 13, announced a $350 million Series A round of financing.

Finance & Economics

Donald Trump to Impose Reciprocal Tariffs as Soon as April

President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.

Finance & Economics

UK Escapes Recession Threat

At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.

Science & Technology

Apple Reportedly Partners With Alibaba in AI

Apple and its competitors in the Chinese smartphone market are currently actively fighting for the fastest possible adoption of rapidly improving artificial intelligence models in the Asian country, including from local developers of digital intelligence systems such as DeepSeek and Alibaba Group Holding.

Finance & Economics

Hong Kong to Ease IPO Rules for Mainland Chinese Companies

Hong Kong’s financial regulators have pledged to ease the listing requirements for companies based in mainland China, noting that these firms view the city’s stock market as a source of funding to support their ambitions to operate globally.