Alibaba says its AI spending in e-commerce is already breaking even
Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next three years.CNBC ...
Tag: technology
Fintech startup Upgrade valued at $7.3 billion in new funding round
Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018.Alex Flynn | Bloomberg via Getty ImagesUpgrade, ...
Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual ...
Apple rival Honor launches AI phone tools that help users get online shopping discounts and more
Chinese smartphone company Honor announced on Oct. 15 a slew of new AI features, including the ability to compare deals ...
Honor reveals a new smartphone with a fold-out robotic camera arm
Chinese smartphone company Honor is developing a smartphone with an AI-connected camera that unfolds from the back of the device.HonorBEIJING ...
BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.
BlackRock is seeing a shift among Big Tech investors.Jay Jacobs, the firm's U.S. head of equity ETFs, finds they're going ...
‘Outside of AI, I’m not really excited about anything,’ Wells Fargo Chief Equity Strategist Ohsung Kwon says
Wells Fargo Securities' Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. "Outside of AI, I'm not really excited ...
Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
Investors may want to boost their exposure overseas."Home bias is about as bad as it's ever been in the United ...
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with ...
Trump Jr. dismisses crypto conflict of interest concerns: My dad’s not checking blockchain ledgers
Donald Trump Jr. and Zach Wilkoff of World Liberty Financial at Token2049, a prominent crypto conference in Singapore, on Wednesday, ...
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