tunisian ai startup thunder code secures 9 million to transform software testing

Tunisia-based AI startup Thunder Code has raised $9 million in seed funding to enhance its AI-native software testing platform, enabling non-technical users to automate testing and improve QA efficiency by 90%. Founded by Karim Jouini and Jihed Othmani, the platform features advanced capabilities like natural language test creation and self-healing scripts, aiming to redefine quality assurance standards globally.

Swiss Banks Ranked for Friendliness and Customer Satisfaction in New Survey

A recent survey of 1,500 bank customers revealed that cantonal banks, particularly those in Lucerne and Berne, excel in friendliness, advice, and customer service, scoring 8.6 out of 10. In contrast, UBS and Swissquote received low satisfaction ratings, with Swissquote and Cembra Money Bank being the least favored. Overall, the neo-bank Neon topped the satisfaction rankings, followed closely by several cantonal banks.

UBS Maintains Neutral Rating on Renault Amid Mixed Sales Growth

UBS has maintained a "Neutral" rating on Renault shares with a target price of 47 euros, citing mixed registration data for May and moderate sales growth. Despite this, the strength of Renault's balance sheet was highlighted, as shares rose 1.05% to close at 43.45 euros on the Paris stock exchange.

openai partners with google for groundbreaking cloud collaboration amid ai competition

OpenAI has entered into a significant cloud partnership with Google, marking a notable collaboration despite their ongoing competition in the AI sector. This unprecedented deal highlights the evolving landscape of technology alliances as companies seek to leverage each other's strengths.

Huawei Innovates Amid US Sanctions to Compete in AI and Technology

Huawei's founder, Ren Zhengfei, is actively countering U.S. export restrictions by innovating in AI chip production, focusing on advanced packaging and computing techniques. Despite being behind the U.S. in single-chip output, Huawei is making significant strides in AI and EV software, signaling resilience and adaptability in the face of sanctions. As U.S. firms like Nvidia acknowledge the growing strength of Chinese AI companies, Huawei's strategy suggests it can continue to compete without reliance on American technology.

Huawei Innovates Amid US Sanctions to Compete in AI and Technology

Huawei's founder, Ren Zhengfei, is actively countering U.S. export restrictions by innovating in AI chip production, focusing on advanced packaging and computing techniques. Despite being behind in single-chip output, Huawei is making significant strides in AI and EV software, signaling resilience and adaptability in the face of U.S. sanctions. As competition intensifies, U.S. firms may find their lead diminishing faster than expected.

Ren Zhengfei's Call for Resilience and Innovation Amid Global Challenges

Ren Zhengfei, CEO of Huawei, emphasized resilience and strategic patience in a recent interview, urging society to support long-term theoretical research despite external challenges. His remarks resonate with a growing consensus in China on the importance of R&D investment, as the nation continues to advance in key technological fields, bolstered by a supportive industrial system and recent legislative measures aimed at enhancing the private sector's development environment.

WKB Shareholders Approve Dividend and Board Changes Amid Rockfall Support

WKB shareholders approved a dividend increase to CHF 4 per share and confirmed six current Board members, including Chairman Pierre-Alain Grichting. New members Laure Deppierraz and Hervé Udriot were elected, while a seat remains vacant until the 2026 AGM. Additionally, the Valais Cantonal Bank pledged CHF 1 million for reconstruction in Blatten after a rockfall and will suspend mortgage payments for affected customers until at least the end of 2025.

Bank Faces Scrutiny Amid Construction Financing Scandal in Roggwil

Borrowers in Roggwil are facing financial distress due to delays and additional demands from general planner Jürg Zesiger, who is under scrutiny for potential bankruptcy offenses. BEKB bank admits to insufficient checks on Zesiger's past projects and acknowledges failures in monitoring payment flows, leading to a crisis for affected homeowners. As they seek redress, the bank is exploring solutions, but uncertainty remains regarding compensation and the future of their construction projects.

European Stocks Steady as Investors Monitor US China Trade Negotiations

European stocks remained flat as investors closely monitor the developments in the ongoing US-China talks. Market participants are awaiting clarity on the negotiations, which could significantly impact economic sentiment and trading strategies.
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