Report - page 108

Science & Technology

Nvidia Joins Funding for AI Chatbot Maker Kore.ai

Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.

News

IMF Lifts World Economic Outlook

The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.

News

China Approves 14 Large Language Models

In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.

News

Amazon Terminates iRobot Deal

Amazon.com Inc. refused to implement the deal for the acquisition of iRobot Corp.

Science & Technology

AI Startup Sierra Reportedly Plans to Raise $85 Million

The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.

Finance & Economics

Cinda Securities Expects China’s Industrial Profits Rebound

In 2024, the profit indicator of China’s largest industrial enterprises, for which 2023 was the second consecutive year of downturn, may increase slightly against the background of improving prospects for Beijing’s export activities and the implementation of a policy of support from local authorities.

Finance & Economics

India’s Finance Ministry Says About Possibility of 7% Economic Growth in Coming Years

The Ministry of Finance of India believes that in the next fiscal year, the economy of this country is likely to show growth of 7%.

Finance & Economics

Evergrande Approaches Liquidation

The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.

Finance & Economics

Philippines Central Banker Says About Possibility of Rate Cut

Philippine central bank Governor Eli Remolona said that an interest rate cut during the current year is possible, but noted that a similar decision by the financial regulator in the first half of 2024 is unlikely.

Fintech & Ecommerce

PayPal Unveils New Products

PayPal has presented new features based on artificial intelligence.

Science & Technology

Intel Issues Outlook for First Quarter of 2024

Intel’s share price fell in the premarket on Friday, January 26, after the chip manufacturer published an outlook for the first quarter of the current year, which turned out to be worse than analysts’ expectations, although the company’s results for the last three months of 2023 exceeded Wall Street estimates.

News

Fidelity Forecasts China’s Economy Gradual Improvement in 2024

Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.

Fintech & Ecommerce

Santander Mexico to Launch Digital Bank Service

Santander Mexico, a subsidiary of global banking giant Santander, is currently preparing to launch its digital service.

Science & Technology

Baidu’s AI Chatbot to Power Samsung’s New Galaxy S24 Smartphones

Baidu AI Cloud integrates its Ernie chatbot into Samsung Galaxy S24 smartphones, the use of which in new devices of the South Korean manufacturer, in addition to many functions, will provide users with the opportunity to translate conversations during phone calls.

News

B2B Provider Mondu Raises $33 Million

B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).

Science & Technology

OpenAI Introduces Additions to Its Artificial Intelligence Models

OpenAI has presented several additions to its artificial intelligence models and services.