Tag: Euro

FinanceFintechStartups

London FinTech Saturn Secures €12.9M to Revolutionize Financial Advisory Services with AI

Saturn, a London AI technology company, has raised €12.9 million in Series A funding to transform financial advisory services. The startup aims to reduce the cost of financial advice by up to 90% through advanced automation and compliance technology.

Major Funding Round for AI-Powered Financial Advice Platform

London-based artificial intelligence company Saturn has reportedly secured €12.9 million in Series A funding to transform the financial advice industry, according to recent announcements. Sources indicate the investment will accelerate product development and expand the platform’s capabilities to help financial advisers serve more clients efficiently while significantly reducing operational costs.

by Ortega Rafael
AcquisitionsBusinessFinance

Coca-Cola HBC Stock Falls 4% Following Major African Stake Purchase and Q3 Results

Coca-Cola HBC’s share price dropped 4% following announcement of acquiring 75% stake in Coca-Cola Beverages Africa for $2.6 billion. The FTSE 100 bottler reported 5% organic revenue growth in Q3 despite mixed volume performance across categories.

Stock Movement and Acquisition Announcement

Coca-Cola HBC shares experienced a 4% decline in trading on Tuesday, reportedly dropping to £33.98 per share, according to market reports. The movement followed the company’s announcement of significant acquisition activity in Africa alongside the release of third-quarter trading figures.

by Bennett Laura
GovernmentPrivacy

Federal Investigators Seek ChatGPT User Data in Child Exploitation Case, Marking Potential Legal Precedent

Federal investigators have asked OpenAI to provide information about a ChatGPT user allegedly involved in child exploitation activities. The case represents what appears to be the first known instance of federal authorities seeking user data from an AI company through legal channels.

Landmark Legal Request Targets AI Platform

Federal authorities have reportedly made what appears to be the first known request for user data from OpenAI in connection with a child exploitation investigation, according to court documents reviewed by Forbes. The Department of Homeland Security’s investigative unit focusing on child abuse crimes has asked the artificial intelligence company to provide information about a user who allegedly administers a child exploitation website.

by Bennett Laura