businesstelegraph

finance

Jack Ma to give up control of China’s Ant Group, firm says

Jack Ma will cede control of Chinese fintech giant Ant Group, the company has announced, following a Communist party crackdown on the nation’s tech sector that targeted the charismatic billionaire.One of China’s most recognisable entrepreneurs, Ma once exemplified a generation...

technology

A new area of AI booms, even amid the tech gloom

Five weeks ago, OpenAI, a San Francisco artificial intelligence lab, released ChatGPT, a chatbot that answers questions in clear, concise prose. The AI-powered tool immediately caused a sensation, with more than 1 million people using it to create everything from...

fund

Sebi permits AMCs to provide advisory services to all FPIs at IFSC

Markets regulator Sebi on Friday permitted asset management companies (AMCs) to provide management and advisory services to all FPIs operating from International Financial Services Centres (IFSCs). This is subject to certain conditions, including that such Foreign Portfolio Investors (FPI) will...

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