The FinTech Hub
/cdn.vox-cdn.com/uploads/chorus_asset/file/25462005/STK155_OPEN_AI_CVirginia_B.jpg?w=600&resize=600,400&ssl=1 "OpenAI releases new o1 reasoning model")
Source: The Verge OpenAI is releasing a new model called o1, the first in a planned series of “reasoning” models that have been trained to answer more complex questions, faster than a human can. It’s being released alongside o1-mini, a smaller, cheaper version. And yes, if you’re steeped in AI rumors: this is, in fact,…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25624365/DSC08366_processed.jpg?w=600&resize=600,400&ssl=1 "iOS 18 is a smart upgrade, even without the AI")
Source: The Verge It’s a weird year for iOS. Usually, the new software version arrives all at once. Not so with iOS 18. The foundational stuff has arrived, and in a normal year, things like RCS support and a redesigned control center would be more than enough. But iOS 18’s headline feature, Apple Intelligence, isn’t…
Source: Business Standard It processes transaction values of about Rs 100-200 crore every month. Credit cards on UPI record about Rs 10,000 crore a month. 2 min read Last Updated : Aug 22 2024 | 3:46 PM IST Fintech major PhonePe on Thursday announced the launch of a credit line on the Unified Payments…
Source: Live Mint In a bold move, the US Federal Reserve kick-started its monetary policy easing cycle with a 50 basis point (bps) interest rate cut, bringing the Fed funds target range to 4.75-5%. The market was widely anticipating a 25 bps rate cut (one basis point is 0.01%). While delivering this surprise, Fed chair…
Source: Bitcoinist Dogecoin (DOGE) whales are on the prowl for their next big win, and they’ve set their sights on GoodEgg (GEGG), an AI-driven dating cryptocurrency with immense growth potential. As these influential investors shift their attention to GEGG, the stage is set for massive gains—100x gains, according to some experts. Dogecoin (DOGE) Breaks Key…
Source: Live Mint As you are aware that the Union Government is set to roll out the Unified Pension System (UPS) from April 1, 2025 to give fixed, inflation-linked pensions to subscribers. As of now, the scheme is meant only for 23 lakh central government employees and the state government employees are permitted to opt…
Source: Live Mint US stocks rose on Monday as investors focused on comments from Federal Reserve policymakers and economic data due this week. Fed presidents Raphael Bostic, Neel Kashkari and Austan Goolsbee supported the last week’s rate cut and voiced support for more cuts in the rest of 2024. At 11:44 a.m. the Dow Jones…
Source: Bitcoinist According to one analyst, Tron, a popular smart contracts platform and a stiff competitor of Ethereum, could be one of the most important layer-1s. Based on his assessment, the platform now serves more as a transactional layer, similar to Bitcoin. Tron Leads In P2P Stablecoin Transfers While the network was first known for…
Source: Coin Tegraph Snapshot X enables gasless onchain voting for DAOs using Starknet technology, advancing governance with lower costs and enhanced security. Read Full Article
Source: Coin Tegraph UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process. Read Full Article
