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Wells Fargo and Enterprise announce $20m housing innovation winners

Wells Fargo announced the winners of the 2023 Housing Affordability Breakthrough Challenge, a $20 million competition initiated by the Wells Fargo Foundation and Enterprise Community Partners (Enterprise). Six organizations secured grants ranging from $2 million to $3 million each, along with support from peers and industry experts, to amplify their innovative housing solutions and enhance home accessibility and affordability nationwide.

Wells Fargo partners with team Rubicon to train Veterans to rebuild homes

Wells Fargo announced the Wells Fargo Foundation in providing a $750,000 grant to establish the Team Rubicon TRades Academy. The TRades Academy initiative aims to equip individuals with trade skills, such as contracting, electric, plumbing, and HVAC, for application in various communities, particularly in the aftermath of natural disasters, according to a press release by Wells Fargo.

BofA doubles support for veteran loan fund

Bank of America announced a doubling of its two-year commitment to support the Veteran Loan Fund in its second round. The Veteran Loan Fund, a national collaboration involving various Community Development Financial Institutions (CDFIs) and specialized veteran service organizations, offers responsible capital and technical assistance to underserved veteran entrepreneurs, according to a press release by Bank of America.

Goldman Sachs 10,000 Small Businesses invests $100 million in rural Arkansas

Goldman Sachs announced its 10,000 Small Businesses is extending its $100 million Investment in Rural Communities initiative, launching in Arkansas. Additionally, it is committing $20 million to the community development financial institution (CDFI) Hope Enterprise Corporation, according to a press release by Goldman Sachs.

Nasdaq acquires Adenza

Thoma Bravo announced that Nasdaq has successfully concluded the acquisition of Adenza from Thoma Bravo. Adenza is recognized for delivering essential risk management, regulatory reporting, and capital markets software to the financial services sector, according to a press release by Thoma Bravo.

New York U.S. Rep. Espaillat honors Flying Food Group for 'positive impact' in East Harlem

U.S. Rep. Adriano Espaillat (D-NY) has honored Flying Food Group for donating book bags and laptop computers to 500 students in East Harlem.

Wells Fargo and Allspring partner to support Native American communities though fund share class

Wells Fargo & Company has teamed up with Allspring Global Investments to introduce a Tribal Inclusion share class for the Allspring Government Money Market Fund. According to Wells Fargo, this share class will be exclusively available to its corporate clients.

T-Mobile's Un-carrier program reaches network milestone by covering 300 million people with ultra capacity 5G months ahead of schedule

In a recent development, T-Mobile, the leading telecommunications company, has outperformed industry expectations with its Q3 2023 results. This success is attributed to significant customer growth propelled by exceptional network quality and value proposition within its unique growth areas.

2023 Basser Global Prize recipient: ‘It is an honor to be recognized with this award from the Basser Center’

The Basser Center for BRCA at the Abramson Cancer Center of the University of Pennsylvania has declared Kenneth Offit, MD, MPH, as the recipient of their 2023 Bassar Global Prize. "It is an honor to be recognized with this award from the Basser Center, which is making a difference for patients with inherited BRCA1 and BRCA2 mutations across the world," said Kenneth Offit.

Apple announces a new MacBook Pro lineup featuring the all-new family of M3 chips

Apple has announced a new lineup of MacBook Pro laptops featuring the all-new family of M3 chips. The M3 family incorporates advanced GPU architecture and enhanced CPU speed, resulting in improved performance and impressive new features.

Klick Labs' researchers develop voice-analyzing AI model to diagnose diabetes

A new study conducted by Klick Labs has discovered a groundbreaking method for an AI model to analyze short voice recordings and diagnose patients with Type 2 diabetes. This breakthrough has the potential to significantly reduce the time and cost associated with diagnosing the disease.

Microsoft Siemens are deepening their partnership by bringing the benefits of generative AI to industries worldwide

Microsoft and Siemens are strengthening their collaboration to introduce the benefits of generative Artificial Intelligence (AI) to global industries. The partnership involves Microsoft's Azure OpenAI Service, which powers Siemens Industrial Copilot, drastically reducing simulation times from weeks to minutes while maintaining user control over data.

Adobe Appoints Cristiano Amon to its Board of Directors

Adobe, the multinational software company famed for its creative and document management solutions, has appointed Cristiano Amon, President and CEO of Qualcomm Incorporated, to its board of directors. This appointment expands the Adobe Board to 12 members.

Oracle Cloud Infrastructure options offer customers more choice and control for their cloud deployments

Oracle has been acknowledged as a Leader in the 2023 "Magic Quadrant for Distributed Hybrid Infrastructure" by Gartner, after a thorough examination of Oracle Cloud Infrastructure (OCI) solutions.

Coinbase develops foothold in Spain as expansion unfolds in Europe

Coinbase, a leading cryptocurrency exchange, has solidified its position in Spain by obtaining an Anti-Money Laundering (AML) registration from the Bank of Spain. The company announced this development at the European Blockchain Convention held in Barcelona. "Our foothold in Spain comes as part of a series of developments across Europe," said Coinbase.

Sky-high dreamer: The legacy of Flying Food Group founder Sue Gin

In 1983, Sue Gin, a real estate developer and bakery owner in Chicago, was on a Midway Airlines flight when the stewardess delivered an unsavory breakfast that was nothing more than a half-frozen sweet roll.

CompTIA is offering new technology training options

CompTIA, a nonprofit association dedicated to advancing the tech industry and workforce, is offering new technology training options to individuals and organizations. They have been added to Montana's Eligible Training Provider Lists, allowing workforce development agencies to utilize Workforce Innovation and Opportunity Act funds for CompTIA's tech workforce training programs. This initiative aims to address the perception that individuals may lack the background, experience, or skills needed for success in the tech workforce.

Frank joins Lightspeed as a Venture Partners and knows how to work with founders to succeed over the long haul

Lightspeed Venture Partners has announced the addition of Aaron Frank as a Venture Partner. Frank, a former fintech operator and angel investor, brings his deep operational expertise to the prominent venture capital firm. With a focus on sustainable growth, AI-powered consumer fintech solutions, and the impending transfer of generational wealth, Frank's experience will be invaluable in identifying the next unicorns in the fintech industry.

Paymode-X expands access to digital B2B payment network

Bottomline, a leading provider of financial technology solutions, has announced its initiative to offer access to its B2B payment network for approved financial institutions, fintech companies, and other entities aiming to enhance payment acceptance. This move allows these organizations to connect their clients to a network encompassing over 550,000 authenticated and validated suppliers, according to a press release by Bottomline.

UC Berkeley research paper finds solution for memory "bottleneck" roadblock for AI models

A new research paper titled "Ring Attention with Blockwise Transformers for Near-Infinite Context" has proposed a solution to the memory limitations faced by AI models. The paper, co-authored by UC Berkeley PhD student Hao Liu, UC Berkeley professor Pieter Abbeel, and Databricks CTO Matei Zaharia, aims to eliminate the memory "bottleneck" that restricts the amount of input AI models can handle.