Latest Results from /ai
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Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.
28 November 2023
The UK's Financial Conduct Authority is calling for industry evidence on whether the data asymmetry between Big Tech and financial services firms could lead to the likes of Amazon and Google gaining entrenched market power in the FS sector.
27 November 2023
Digital Europe, a digital technology trade association, has warned the EU against overregulating in its upcoming AI bill in a letter this week.
24 November 2023
Nearly three quarters of UK financial services firms are now piloting the use of generative AI for things like ‘co-pilot’ employee efficiency tools, according to a UK Finance survey.
An AI-backed finance comparison site, called FundOnion, has launched to help small businesses in the UK find funding.
23 November 2023
Almost three-quarters (73%) of executives working in financial services expect to eventually be replaced by Generative AI (GAI), according to a recently released study.
22 November 2023
Sam Altman, the former CEO of OpenAI, the developer of generative AI platform ChatGPT, has resurfaced at Microsoft just days after he was pushed out by the board of directors.
20 November 2023
The European Commission has opened access to EU supercomputers to bolster AI development and push AI initiatives.
17 November 2023
Alibaba Group has cancelled its plans to spin-off its cloud division due to uncertainties from US exports on AI chips.
JPMorgan Chase is the world's top bank for artificial intelligence maturity, with Capital One and Royal Bank of Canada hot on its heels but European lenders lagging behind, according to the annual Evident AI Index.
The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.
16 November 2023
Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.
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