Artificial Intelligence (AI) is revolutionizing the global banking sector, but with great advancements come significant challenges. According to a recent report from Bloomberg Intelligence, up to 200,000 jobs in the banking industry worldwide may be on the line over the next three to five years due to the increasing adoption of AI technologies. In a
In the bustling world of startups and investments, one Israeli artificial intelligence (AI) firm has recently made waves by successfully securing a significant amount in pre-seed funding. AutonomyAI, an innovative tech company based in Israel, has managed to attract a whopping $4 million from investors keen on supporting its growth and development. Imagine this: a
Three months into his second term, President Donald Trump has been on a roll with a whirlwind of policies that aim to tighten his grip on power. His actions reflect a clear agenda to fortify his loyal circle and assert dominance in the political arena. Amidst this ambitious landscape lies Trump’s intricate dance with China—
In the ever-evolving landscape of artificial intelligence, OpenAI finds itself at a crossroads that could significantly impact its future endeavors. Reports have surfaced revealing that the tech giant is on the brink of a monumental decision – transitioning into a for-profit entity by 2025. This move is not merely symbolic but rather pivotal in securing
Visa, a global leader in financial services, has recently made waves in the digital payments landscape by proposing a groundbreaking $100 million deal for a strategic partnership with Elon Musk’s innovative X platform. This collaboration aims to revolutionize the way users engage in direct payment solutions, marking a significant milestone in the realm of financial
In the bustling landscape of Indian startups, one company has made significant waves. Innovaccer, a Silicon Valley-based healthtech unicorn, recently secured a whopping US$275 million in a series F funding round. The primary and secondary transactions involved key players like B Capital Group, Banner Health, Kaiser Permanente, M12, among others. The infusion of capital marks
In a world where algorithms often dictate our online experiences, transparency is key. Douyin, the Chinese counterpart to TikTok, has recently taken a significant step by launching a website dedicated to explaining its algorithm and dispelling myths surrounding filter bubbles. Understanding Algorithm Design Li Liang, vice-president of ByteDance’s Douyin unit, firmly refutes claims that Douyin’s
In the bustling landscape of Vietnam’s agritech industry, one startup is making waves by embracing a unique approach that challenges traditional norms. TechCoop, a promising Vietnamese firm, has set its sights on empowering farming cooperatives through innovative trade credit financing solutions. Let’s delve deeper into the story behind this groundbreaking venture. ### A New Player
As the digital landscape evolves, the fate of popular platforms like TikTok hangs in the balance. With a critical deadline looming on April 5, uncertainty clouds the app’s future in the United States. Under a national security law, TikTok’s parent company ByteDance faces pressure to divest its US operations, a directive initially set by former
Representatives from tech giants OpenAI and Google, alongside major industry players like Adobe, IBM, and Microsoft, are navigating the complex landscape of South Korea’s AI Basic Act. This groundbreaking legislation, slated to come into force in January 2026, marks a significant milestone in the global AI regulatory environment. Seeking Clarity on Key Issues During discussions