November 30, 2023
Money Transfer Service Zepz Cuts 2% of Staff
British money transfer firm Zepz has reportedly made another round of job cuts. The company, which owns remittance platforms WorldRemit and Sendwave, has laid off 30 workers, according to a CNBC report Thursday (Nov. 30). “Zepz has...
November 29, 2023
Report: Stability AI Positioning Itself for Acquisition
Stability AI, a British artificial intelligence (AI) startup, is reportedly considering selling the company amidst mounting pressure from investors over its financial position. The London-based firm has engaged in preliminary...
November 28, 2023
Latin American FinTech Clara Launches Payment Account in Brazil
Clara, a Latin American FinTech company, has launched a payment account in Brazil. The new payment account offering complements Clara’s existing range of products, which includes corporate cards and expense...
November 28, 2023
Google Exec: AI Regulation Should Strengthen Innovation
Google’s chief legal officer thinks artificial intelligence (AI) regulation needs to bolster innovation. Although officials in Europe are hoping to agree to new AI rules in the coming weeks, Google’s Kent Walker says...
November 23, 2023
EU Warned Against Overregulating AI Models in Final Negotiations
In a united front, businesses and technology groups have issued a stern warning to the European Union (EU), urging caution against excessive regulation of artificial intelligence (AI) systems, particularly foundation...
November 12, 2023
Report: Google Weighs Further Investment in Character.AI
Google could reportedly bolster its partnership with Character.AI via a significant investment. The tech giant is in discussions to inject hundreds of millions into the artificial intelligence (AI) startup to fund its mission to train...
November 08, 2023
Samsung’s Gauss AI Model Could Soon Be Added to Smartphones
Samsung reportedly hopes to introduce “Gauss” to the likes of Grok, Ernie and ChatGPT. Gauss is the name of the generative artificial intelligence (AI) model the smartphone giant is testing...
November 06, 2023
Grab Enables In-App Cashless Payments Via FinTech MoMo
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app...
November 06, 2023
Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
Chinese artificial intelligence (AI) startup 01.AI has reportedly reached unicorn status less than eight months after launching. The company, founded by computer scientist and Google/Microsoft veteran Kai-Fu Lee, was valued at more than...