BlackRock is to strengthen its position in the growing private credit market with the acquisition of HPS Investment Partners, a global credit investment manager with $148 billion in client assets.
The media reported that Wells Fargo is selling its headquarters in San Francisco, as the leadership of this financial institution, which is the fourth largest by total assets in the United States banking system, heads east.
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.
Mesolitica, a Malaysian startup focused on developing large language models (LLMs), has created a generative AI LLM designed for the Malaysian language, leveraging one of the world’s leading cloud platforms – AWS.
Marathon Digital Holdings (MARA), a major Bitcoin mining company, acquired a 114-megawatt wind farm in Hansford County, Texas.
The startup Stackfix, which was founded by pioneers in the area of artificial intelligence, raised $3 million in seed funding.
On Tuesday, December 3, the value of Salesforce shares increased by 9% after this company published information about its earnings for the third fiscal quarter and guidance for the next fiscal quarter, which exceeded analysts’ preliminary expectations.
Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, which, among other things, allow users to generate text materials, images, and videos.
La Banque Postale, collaborating with WWF France, has become the first traditional bank in France to introduce an impact credit card aimed at supporting energy renovations for sustainability-focused homeowners.
China has banned the export to the United States of items related to the minerals gallium, germanium, and antimony, which can be used for military purposes.
The United States on Monday, December 2, launched the third restrictive measures against China’s semiconductor industry in the last three years, reducing the scope of export opportunities to this Asian country.
TD Bank, in collaboration with Mastercard Priceless Planet Coalition, has introduced a standout initiative allowing MBNA cardholders to support reforestation efforts in Canada.
Amazon Web Services (AWS) has announced that its data transfer terminal offering has become available online.
Bain Capital-backed chip manufacturer Kioxia has set a tentative price in the range of 1,390 to 1,520 yen ($9.22 to $10.09) per equity for its initial public offering (IPO) of shares.
The valuation of Czech online grocer Rohlik Group has reached 1.85 billion euros ($1.95 billion), which is almost twice the figure observed three years ago.
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