Meta AI Movie Gen that creates audio-rich video to rival OpenAI and ElevenLabs.
The owners of Facebook, Meta said on Friday that it has developed a new artificial intelligence model called Movie Gen. It claims that this model
Global News, Breaking News, Economic, Business, Energy, Global Markets,
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
Google invested over $1 billion in Africa in the last 5 years.
Trump’s filing shows a windfall of $1.4 billion from crypto companies last year.
The owners of Facebook, Meta said on Friday that it has developed a new artificial intelligence model called Movie Gen. It claims that this model
The maker of ChatGPT, OpenAI, announced on Wednesday that it raised $6.6 billion in venture capital investments, marking a larger departure from its nonprofit beginnings.
The three main Japanese sponsors of the International Olympic Committee, Toyota, Panasonic, and Bridgestone, are ending their relationships. Due to this, the IOC is now
Equinix, a data center business, announced on Tuesday that it is launching a joint venture with GIC, a sovereign wealth fund in Singapore, and the
As part of a new initiative to assist Nigeria’s health and education sectors and contribute to the country’s sustainable energy supply, the World Bank authorized
Regulatory filings last year reveal that the three biggest U.S. energy exploration companies paid foreign governments about $42 billion, nearly eight times the amount they
An executive told reporters that as part of a strategic reorganization to address its low returns amid growing demand from an aging population, Thailand’s failing
Thanks to laxer rules and a surge in product innovation, assets in actively managed exchange-traded funds (ETFs) reached a record $1 trillion globally at the
A global conservation organization claims that at least five African nations are collaborating to create what may be the first-ever collective “debt-for-nature” swap in order
Following reports from users of public Wi-Fi networks at the largest train stations in the nation that displayed anti-Muslim messages, U.K. police and transport officials