Enterprise

Affirm, the renowned online lending platform established by Max Levchin, has carved out a significant niche in financial technology since its inception. Initially, the company garnered attention for its “buy now, pay later” (BNPL) model, which revolutionized consumer financing. However, in an evolving financial landscape, Affirm broadened its horizons four years ago by venturing into
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The artificial intelligence (AI) landscape is witnessing a seismic shift, particularly with the entry of Chinese firm Deepseek into the fray. Recently, Demis Hassabis, CEO of Google DeepMind, publicly acknowledged Deepseek’s capabilities, remarking that it is “probably the best work” to emerge from China. However, his comments sparked a deeper examination of the implications this
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In a significant development within the health technology landscape, Verily, a subsidiary of Alphabet, announced the sale of its stop-loss insurance unit, Granular Insurance Company, to Elevance Health. This transaction highlights a broader narrative of transformation as Verily attempts to redefine its place in healthcare. The deal, while lacking publicly disclosed financial details, underscores the
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Uber Technologies, Inc. has experienced significant fluctuations in its stock performance as it navigates the complexities of a rapidly changing market. The ride-sharing giant’s recent earnings report for the fourth quarter showcased a mix of optimistic revenue figures against a backdrop of subdued guidance for the upcoming quarter. This article provides an in-depth analysis of
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In light of the recent controversies surrounding artificial intelligence and semiconductor exports, Singapore’s Ministry of Trade and Industry (MTI) has reaffirmed its commitment to ensuring compliance with U.S. export controls. This statement came following inquiries regarding the chips utilized by China’s DeepSeek in their innovative AI model development. Such developments have significant implications for international
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