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Fintech startup Upgrade valued at $7.3 billion in new funding round
Upgrade raised $165 million in a new funding round that valued the fintech startup at $7.3 billion.Read More...
CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Speaking at CNBC's Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground.Read More...
Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
Even during a blockbuster year for Wall Street as trading and investment banking spins off billions of dollars in revenue, the banks are hiring fewer people.Read More...
Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts
Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook.Read More...
Apple rival Honor launches AI phone tools that help users get online shopping discounts and more
Honor expects people will turn more to AI assistants rather than smartphone apps directly, President of Products Fei Fang told CNBC in an exclusive interview.Read More...
Honor reveals a new smartphone with a fold-out robotic camera arm
Chinese smartphone company Honor said it would release more details about the artificial intelligence-powered robot phone next year.Read More...
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