Author: nripn

Innovation September 19, 2024 | By Anthony Venutolo “We’re not looking for founders who are trying to create the next hot consumer brand, but rather creating deeply important technologies that solve real problems in our industry, and who are obsessed with that problem, and not so much with the final solution. .” In the latest episode of “What’s Next In,” Mastercard’s podcast that informally explores technology, innovation and ideas, host Vicki Hyman chats with Sabrina Tharaniwho runs Mastercard Start Path Startup Engagement Programwhich is celebrating its 10th anniversaryth birthday this month. The program now counts more than 400…

(Bloomberg) — Facebook parent Meta Platforms Inc. launched a new artificial intelligence tool that can generate or edit videos based on a simple text prompt, increasing competition with rivals like OpenAI and Google in the race to develop the world’s most advanced AI technology.Most read on BloombergMeta’s product, Movie Gen, can create a new video up to 16 seconds long based on a text prompt. It can also use such prompts to generate sound or edit an existing video, or even use a photo to create a personalized video featuring a real person.Movie Gen is only available to select internal…

The five-day Hong Kong FinTech Week (HKFW), scheduled for October 28, will bring together executives from the mainland’s financial and technology giants to showcase their latest innovations and is expected to attract more than 30,000 attendees from from over 100 savings.With a focus on emerging technologies, the event will feature eight themed forums ranging from AI to blockchain, as well as a Greater Bay Area tour, lifestyle activities and workshops.The main conference is scheduled to be held at AsiaWorld-Expo Hong Kong on October 28-29, with around 800 speakers as well as more than 700 sponsors and exhibitors.General…

As Plaid has expanded its fintech services, while expanding its customer base. Plaid got its start as a company that connected consumers’ bank accounts to financial apps, but has since gradually expanded its offerings to also include loans, identity verification, credit reporting, anti-fraud and payments. The 11-year-old company was nearly bought by Visa for $5 billion before antitrust regulators pulled the plug on that deal. Plaid then raised funds from a valuation of $13.4 billion After the deal failed and has since strived to diversify its sources of income. In its early days, the fintech giant primarily sold to other…

(Bloomberg) — Hon Hai Precision Industry Co. plans to increase server capacity to meet stronger-than-expected demand for Nvidia Corp.’s chips. used to develop AI, reflecting its expectations that spending on artificial intelligence will remain high.Most read on BloombergPresident Young Liu told Bloomberg Television that demand for next-generation Blackwell chips is “crazy,” echoing similar remarks from Nvidia CEO Jensen Huang last week.The Taiwanese company is currently building the largest server assembly plant in Mexico housing Nvidia’s most advanced Grace Blackwell chips. Hon Hai will have a planned capacity of 20,000 GB200 NVL 72 servers in 2025, according to Liu, revealing its…

Great investors tend to be avid readers, always looking for information that would give them a financial advantage. There are decades, even centuries, of examples of professionals who combined something they read (in a book, article, or regulatory filing) with their market experience to gain lucrative insight. For example, investment manager Jim Chanos’ close reading of Enron’s regulatory filings and his past experience detecting fraud led him to suspect accounting irregularities at the company. He made $500 million when Enron filed for bankruptcy in 2001. These days, however, even the most avid readers would struggle to compete with the volume…

Young fintech startup OpenBB reveals the next step in its plan to take on the heavyweights of the investment research world. The company is launching a new free version of a product that will open its arsenal of financial data and tools to more users. OpenBB is the work of a software engineer Didier Lopeswhich launched the Python-based platform in 2021 to enable amateur and enthusiast investors to perform investment research using different datasets for free, via a command line interface (CLI). The company then raise $8.5 million in start-up financing OSS Capital and angel investors such as Ram Shriramone…

Company logoGlobal FinTech Blockchain MarketGlobal FinTech Blockchain MarketDublin, August 8, 2024 (GLOBE NEWSWIRE) — The “FinTech Blockchain – Global Strategic Business Report” the report has been added to ResearchAndMarkets.com’s offer.The global FinTech Blockchain market is estimated to reach US$2.1 billion in 2023 and is expected to reach US$49.2 billion by 2030, growing at 56.4% from 2023 to 2030. This full report provides in-depth analysis of market trends, drivers and forecasts, helping you make informed business decisions.The growth of the blockchain FinTech market is driven by several factors, including the growing demand for faster and cheaper financial services solutions that can…

Adipec, the world’s largest energy event, announced that its historic 40th edition will bring together the global energy industry to explore the key role of artificial intelligence (AI) and finance in accelerating the global energy transition. It will also include three new conferences with new voices from finance, technology, youth and the Global South to help shape a more sustainable and inclusive energy future. Organized under the patronage of HH Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates, and organized by Adnoc, Adipec 2024 will take place in Abu Dhabi from November 4 to 7, 2024.…

Oracle Financial Services Named Category Leader in Inaugural Edition RiskTech AI 50 2024 report from Chartis Research, a global leader in risk technology research and analysis. Oracle achieved the highest overall ranking among fifty industry players, highlighting its success in delivering powerful AI solutions – from infrastructure to AI-driven applications – that help financial services organizations operate more efficiently. effectively and mitigate risks. The RiskTech AI 50 report recognizes leaders in the financial risk management industry who have demonstrated excellence across four key criteria: impact, deployment, strategy and innovation. Oracle’s advanced AI-driven applications, particularly in the areas…