UK Launches Fintech Fund
In the UK, a mechanism has been created to provide support to firms that are at the stage of growth and are engaged in financial technologies.
Report - page 130
Travel Company TUI Tests ChatGPT
Travel giant TUI AG announced the implementation of a pilot project in which generative artificial intelligence was integrated into the company’s mobile application in order to test the potential of advanced technology as part of the process of interacting with customers in the UK.
Google Plans to Create Advice-Dispensing AI
The media, referring to a report by Deep Mind, which operates in the field of generative artificial intelligence and is a subsidiary of Google, reports that this firm plans to create an AI model that gives advice.
Foxconn Launches iPhone 15 Production in India
Foxconn Launches iPhone 15 Production in India.
Intel Abandons Its Attempt to Acquire Tower Semiconductor
Intel Corporation announced the termination of attempts to acquire the Israeli company Tower Semiconductor.
US Retail Spending Shows Growth
American retail chains reported that by the end of July, an increase in consumer spending in this trading sector was recorded.
Monos CEO Says About Impact of Inflation on Costs of D2C Buyers
Victor Tam, CEO of Monos, a company that creates premium travel products, said that during the difficult macroeconomic situation, which so far shows no signs of improvement in the foreseeable future, many consumers refuse to make large purchases in the e-commerce space, preferring shopping during holiday sales.
Brazilian Digital Bank Inter Reports Record Profit
The Brazilian digital bank Inter has published a report on the financial results of this virtual lender in the second quarter of this year.
Expert Says Banks Need Data Providers
Charles Zhu, Enigma’s vice president of products, said during a conversation with the media that the Know Your Business (KYB) requirements can become a heavy burden for financial institutions that form the internal process of meeting the criteria.
SoftBank Reportedly Negotiates to Buy Vision Fund’s Stake in Arm
The media reports that the Japanese corporation SoftBank Group is currently negotiating to purchase 25% of Arm shares, which are not its property, from Vision Fund 1 (VF1), an investment fund worth $100 billion.
AI Reduces Burden on Supply Chains
Shipping has become one of the areas of use of artificial intelligence, where advanced technology has become a valuable tool.
Disney Introduces New Subscription Solutions
Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.
Futurist Says About Exaggerated Fears of Humanlike AI
Theoretical physicist Michio Kaku believes that the concern of many people about the prospects for the development of artificial intelligence and the consequences of the implementation of this process is excessive and reflect fears that have no rational justification.
British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects
The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.
Researchers Develop AI System to Track Crypto Giveaway Scams
The AI system discovered over 95K scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X (former Twitter) social network
FinMont to Partner With Chargebacks911
The global payment organization platform FinMont announced the beginning of cooperation with the company for the management of chargebacks Chargebacks911.
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