AI Startup Anthropic Reportedly Engages in Talks to Secure $2 Billion in Funding
Startup Anthropic, which operates in the sphere of artificial intelligence, is currently negotiating the secure of funding in the amount of $2 billion.
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Joe Biden Administration Cancels More Than $9 Billion in Student Loans
The White House has decided to cancel the debt for 125 thousand borrowers on student loans.
UBank and Aeropay to Provide Financial Services for Gaming Industry
The financial institution UBank, which is based in Texas and focuses on the community, and Aeropay, a payment technology company, announced the conclusion of a strategic cooperation agreement.
Stampli Raises $61 Million to Expand Its AI-Powered Accounts Payable Offering
Stampli announced that it managed to raise investment funds in the amount of $61 million.
US on the Verge of Government Shutdown: What Financial Risks Households Face?
A government shutdown looms over this weekend. What does it mean for American households?
IRS Uses AI Chatbots to Assist Taxpayers
IRS introduced expanded AI chatbot technology to help quickly answer basic questions about possibly underreported taxes.
Adobe Launches Photoshop’s Web Version With AI Tools
Adobe officially launched Photoshop for the Internet for all users with paid plans last Wednesday, September 27.
Technical Director of Microsoft Says About Improving Supply of Nvidia’s AI Сhips
Microsoft Technical Director Kevin Scott last Wednesday, September 27, announced the facilitation of this company’s access to Nvidia chips, which are necessary for managing artificial intelligence workloads.
X CEO Linda Yaccarino Says About Possibility of Profitability by 2024
Linda Yaccarino, chief executive officer of X, formerly known as Twitter, said that this social network could become profitable again by the beginning of 2024.
Bank of America CEO Expects Soft Landing for Economy
Brian Moynihan, Chairman and Chief Executive Officer of Bank of America, said that, in his opinion, the economic system of the United States is currently on the path to a soft landing and noted that a potential recession scenario probably will not become a reality.
Walmart to Launch New Prepaid Phone Service
Walmart is expanding its prepaid phone plan offerings with MobileX, a wireless service launched this year by Boost co-founder Peter Adderton.
Wells Fargo & Centerbridge Offer Loans to Middle-Market Companies
To meet the alternative credit needs of middle-market businesses, Centerbridge and Wells Fargo formed a strategic partnership, diversifying the market of clients served by private credit and direct lending.
Moody’s Warns US Government About Consequences of Shutdown for Country’s Credit
Moody’s warned that the shutdown of the United States government, which is currently being assessed as a potentially possible scenario for the development of events in the country, is a threat to global markets and may also become a factor of negative impact on the US credit rating.
Goldman Sachs Reports Intensive Credit Card Losses Climbing
Currently, in the United States, credit card companies are recording an increase in losses, demonstrating the greatest degree of intensity since the Great Recession.
Tipalti Launches Expense Management and Automation Tool
The Tipalti finance automation platform presented a solution for managing expenses and automation called Tipalti Expenses.
Mastercard Declares Disagreement With Credit Card Competition Act
Mastercard has sent a letter to several members of the United States Congress stating its disagreement with the provisions of the Credit Card Competition Act.
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