Senior Chinese officials at the investment summit in Hong Kong said that the state of affairs in the economic system of this Asian country is not catastrophic or totally negative, appealing to world financiers not to worry about Beijing’s prospects in the relevant sphere.
UBS has faced significant losses in the first full quarter since the acquisition of Credit Suisse, a lender that competed with this bank and was on the verge of collapse, was completed.
Media reports that a Chinese startup 01.AI achieved unicorn status less than eight months after launch.
Elon Musk’s company xAI presented a chatbot based on artificial intelligence called Grok.
Currently, China, which is the second economy in the world, is making active efforts to attract foreign investment and is striving to ensure that companies from other countries do business in this Asian state.
The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.
Apple, which has already faced the problem of slowing down the growth of its business in China, warned that by the end of the fourth quarter of this year, the revenue of the company will be approximately the same as from the same period in 2022.
China intends to make a breakthrough in the science fiction industry by creating humanoid robots.
There is a possibility that the Taiwanese stock indices will begin to show a positive dynamic of recovery next year, despite the unfavorable state of affairs in the geopolitical space and concerns related to the possible aggravation of the situation in this environment.
The economy of India has become an example when a bulky system with at the same time impressive power begins to move extremely slowly, but after the process of its development is launched, it cannot be ignored.
Elon Musk, during a conversation with British Prime Minister Rishi Sunak at the first artificial intelligence security summit, described AI as one of the most destructive forces in history.
The beginning of the world’s first artificial intelligence security summit, which is taking place in the UK, was marked by a fierce debate on what measures and scope of action should be applied as part of efforts to prevent and minimize existential risks associated with AI.
The United Kingdom, the United States, the EU, Australia, and China agreed with the opinion that the process of active use of artificial intelligence and its integration into various industries at some point may begin to be realized according to a negative scenario that contains an existential threat to the life of human civilization.
Airbnb, an online platform for hosting and searching for short-term rental of private housing around the world, considers artificial intelligence as a force that can transform the tourism industry.
Apple has conquered an important peak in its activities in the Indian smartphone market, ensuring record volumes of shipments of relevant devices to this South Asian country in the third quarter of 2023.
In the UK, against the background of the cost of living crisis, the use of the Buy Now, Pay Later (BNPL) service has sharply increased.
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