In a clear response to the accelerating global AI race, China has a new national AI action plan, just days after the United States introduced its own AI policy roadmap. The plan reflects China’s urgent push to become a dominant force in artificial intelligence and signals growing competition between the world’s two largest economies in […]
Tag: U.S.
Xero to Acquire U.S. Fintech Melio for $2.5 Billion in Strategic Expansion.
In a bold move to strengthen its position in the global financial technology space, New Zealand-based accounting software giant Xero has announced its plan to acquire U.S. fintech startup Melio in a $2.5 billion deal. The acquisition marks one of Xero’s largest and most strategic investments to date, aimed at expanding its reach into the […]
