Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

18 Feb 2025

PhotonPay Integrates AI-Powered AML and Risk Engine to Enhance Global Payment Solutions

PhotonPay, a digital financial infrastructure provider, has implemented an AI-powered anti-money laundering (AML) and risk engine to improve its Know Your Customer (KYC) processes and enhance compliance measures for global payment solutions.

2 Sources

The New York Times Embraces AI Tools for Newsroom Operations

The New York Times introduces AI tools for its editorial and product staff, sparking discussions about the role of AI in journalism and raising questions about the newspaper's ongoing lawsuit against OpenAI.

5 Sources

The Latest AI Models: Capabilities, Costs, and Considerations

An overview of the most advanced AI models released since 2024, detailing their capabilities, use cases, and accessibility.

2 Sources

Zomato Launches Nugget: AI-Powered Customer Support Platform for Global Businesses

Zomato, the food delivery giant, introduces Nugget, an AI-native customer support platform developed in-house. This move marks Zomato's expansion into B2B solutions and showcases the growing influence of AI in customer service.

5 Sources

Dream Security Raises $100M at $1.1B Valuation for AI-Powered Critical Infrastructure Cybersecurity

Dream Security, an Israeli AI-driven cybersecurity startup, has raised $100 million in a Series B funding round led by Bain Capital Ventures, valuing the company at $1.1 billion. The company specializes in protecting critical infrastructure and government systems using advanced AI models.

6 Sources

Baidu's Market Value Drops $2.4 Billion Amid CEO's Absence from Xi Jinping's Tech Meeting

Baidu's stock plummets following CEO Robin Li's absence from a crucial meeting with Chinese President Xi Jinping, while the company announces plans to integrate new AI models into its search engine.

2 Sources

HONOR to Unveil AI-Focused 'ALPHA Plan' at MWC 2025

HONOR announces plans to showcase its new AI-centric strategic initiative, the 'ALPHA Plan', at Mobile World Congress 2025 in Barcelona, aiming to foster an open and collaborative AI ecosystem.

4 Sources

17 Feb 2025

KiranaPro Becomes India's First ONDC-Integrated Quick Commerce Platform, Leveraging AI for Rapid Expansion

KiranaPro, an AI-powered quick commerce platform, has integrated with India's Open Network for Digital Commerce (ONDC), becoming the first such company to do so. This integration allows KiranaPro to connect with over 7 lakh registered vendors across India, aiming to revolutionize the quick commerce space.

2 Sources

Tencent Integrates DeepSeek AI into Weixin, Shares Soar to Three-Year High

Tencent begins testing DeepSeek's AI model in its Weixin app, alongside its own Hunyuan model, sparking a significant rise in stock prices and renewed interest in Chinese AI advancements.

2 Sources

OpenAI Rejects Elon Musk's $97.4 Billion Bid, Citing Mission Incompatibility

OpenAI, the artificial intelligence startup, has firmly rejected Elon Musk's $97.4 billion proposal to acquire its nonprofit parent, stating that the offer is not in the best interest of the company's mission.

2 Sources

Porsche Loses Premium Status in China as AI-Powered Chinese EVs Dominate Market

German automakers, particularly Porsche, face declining sales in China as local manufacturers like Xiaomi offer electric vehicles with advanced AI features at competitive prices, reshaping the definition of premium cars in the world's largest auto market.

2 Sources

Spotify's New 'Music Pro' Plan to Feature AI-Generated Mixes and Premium Perks

Spotify is reportedly developing a new premium tier called 'Music Pro', which may include AI-powered mixing tools and exclusive perks, as part of its strategy to increase revenue and offer more value to subscribers.

2 Sources

Xi Jinping Embraces Tech Giants and AI in Bid to Boost China's Economy

Chinese President Xi Jinping meets with top tech entrepreneurs, signaling a shift in approach to the private sector and emphasizing AI development amid economic challenges and US tech rivalry.

8 Sources

Goldman Sachs Raises China Stock Market Target, Predicts $200 Billion Inflow Due to AI Adoption

Goldman Sachs has increased its target for Chinese stocks, forecasting that AI adoption could boost earnings and attract significant investments. The bank's analysts predict a substantial rise in Chinese equities, driven by the implementation of AI technologies like DeepSeek.

3 Sources

Trump's Proposed Changes to CHIPS Act Could Hinder AI Growth and Raise Consumer Costs

President Trump's threats to alter the CHIPS Act and impose tariffs on semiconductors could slow U.S. AI advancement and increase costs for consumers, according to economic experts.

6 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.

Explore

News Categories

Technology Business Policy Startups Health Science Entertainment

Terms Privacy Content Contact Us