Meta Reportedly Reassigns Responsible AI Team to New Duties
The media reports that Meta reassigns the Responsible AI team to other internal projects involving the use of advanced technology that can potentially change human civilization’s life.
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Germany to Help Its Tech Industry to Compete With Silicon Valley
Germany has approved a package of reforms in the sphere of capital that will help this country’s technology sector compete with Silicon Valley.
China Rolls Out Advanced Internet Network
China has begun deploying what it described as the world’s most advanced Internet network.
Alibaba Loses $20 Billion in Market Value
Chinese e-commerce giant Alibaba has lost $20 billion in market capitalization after it became known that this company will no longer spin-off and list its cloud computing business as a separate functional unit.
Santander Launches Overdraft-Free Checking Accounts
Bank Santander has introduced a checking account, which is designed to provide customers of this financial institution with the opportunity to avoid overdrafts.
Chipmaking Gear Companies Record Sales Growth in China
Leading manufacturers of equipment used in making microcircuits have recorded a sharp increase in the share of revenue they receive in the Chinese market.
Wells Fargo Reportedly Grapples With Obligations to Enhance Monitoring of Financial Crime
The media reports that Wells Fargo is currently making efforts to improve its system for monitoring crimes committed in the financial environment.
Citi Launches Blockchain Solution for Foreign Exchange Trades
Citi has developed an app in which blockchain is used to make execute foreign exchange (FX) trades.
ChatGPT Plus Pauses Subscriptions
OpenAI temporarily stops the registration of new users in the ChatGPT Plus program.
Microsoft Unveils Custom AI Chip
Microsoft has unveiled its first homegrown artificial intelligence chip and processor for cloud computing.
Microsoft Introduces Text-to-Speech Avatar
Microsoft announced the public preview release of Azure AI Speech.
Microsoft Launches AI-Powered Service for Blind Customers
Microsoft plans to launch a new service based on artificial intelligence, designed to serve customers of this technology giant who have eyesight problems.
UK Inflation Demonstrates Decrease
According to the results of October, the annual inflation rate in the UK showed a sharp decline to the level of 4.6%.
Airbnb Acquires AI Startup
Airbnb has concluded its first acquisition deal as a public company.
IMF Says About Potential of CBDC
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Wednesday, November 15, said that central bank digital currency (CBDC) can replace cash, separately noting that it will take time to implement the corresponding scenario.
Affirm Says About Impact of High-Interest Rates on Demand for BNPL
Buy Now, Pay Later (BNPL) company Affirm expects that if the high level of interest rates persists for a long period, consumer demand for its short-term loans will increase.
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