Blog - Globalbusinessmeet

April 3, 2025
Arpan Rai
Artificial Intelligence

Sissie Hsiao, a Google Gemini executive, will step down

Sissie Hsiao, who spearheaded the creation of the AI chatbot Bard, now called Gemini, is leaving Google, the firm said Wednesday to employees in its AI group. A representative...

April 1, 2025
Arpan Rai
Funding

OpenAI to raise $40 billion to boost AI efforts

On Monday, OpenAI revealed that it has closed the biggest private tech funding round ever. Including the new funding, the $40 billion deal values the ChatGPT creator at $300...

April 1, 2025
Arpan Rai
Technology

SpaceX launches a private astronaut team in the “Fram2” polar orbiting mission

“Fram2” named after the famous Norwegian ship built in the 19th century for Arctic and Antarctic expeditions, the mission will conduct a variety of experiments, including the first X-ray...

March 31, 2025
Arpan Rai
Technology

Trump promises a TikTok sale agreement by the deadline on Saturday

Before a deadline on Saturday, President Donald Trump stated that an agreement would be reached with ByteDance, the Chinese parent company of TikTok, to sell the app that is...

March 31, 2025
Arpan Rai
Blockchain

Japan will legalize cryptocurrency assets as financial instruments, according to Nikkei

Without specifying sources, the Nikkei business daily said on Sunday that Japan’s Financial Services Agency (FSA) intends to amend the Financial Instruments and Exchange Act to grant cryptocurrency assets...

March 30, 2025
Arpan Rai
Technology

Musk’s $33 billion AI startup acquired the social networking company X

In a $33 billion deal, Elon Musk’s xAI purchased X, allowing his co-investors in the business, which was formerly known as Twitter, to share in the value of his...

March 30, 2025
Arpan Rai
Funding

Scale AI is looking for a tender offer with a valuation of up to $25 billion

In an attempt to take advantage of the rapidly increasing demand for the technology, artificial intelligence startup Scale AI is looking for a valuation of up to $25 billion...

March 28, 2025
Arpan Rai
Technology

Bill Gates Gives Statement On AI Within Decade It Will Replace Most of Jobs

Bill Gates has stated that “Within the coming decade, AI will replace most doctor and teacher jobs, making humans redundant for most tasks.”Bill Gates predicted that improvements in artificial...

March 28, 2025
Arpan Rai
Fintech

TikTok Shop grows in Europe, but its future in the US is uncertain.

TikTok Shop announced on Monday that it would be rolled out in France, Germany, and Italy, expanding its reach in Europe as there is a potential US ban on...

March 27, 2025
Arpan Rai
Funding

PayPal has surpassed $30 billion in global small business lending

PayPal Holdings, Inc. today announced that it has reached $30 billion in global loan originations and has extended over 1.4 million loans and cash advances to over 420,000 business...