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Latest Results from /ai

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Sustainable Finance Live sneak peek: Finastra’s Chirine Ben Zaied

As Sustainable Finance Live 2023 approaches on 10 October at Events@No6 London, Finextra spoke to a few speakers to provide attendees with an insight into what’s to come. This week we spoke with Chirine Ben Zaied, head of innovation at Finastra who will be mentoring the hackathon participants, which is taking place ahead of and during the conference.

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UOB trials Microsoft 365 Copilot generative AI tool

Singapore-based bank UOB is set to trial Microsoft 365 Copilot, a generative AI-powered productivity tool, with several hundred employees.

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Visa creates $100 million generative AI venture fund

Visa has opened a $100 million warchest to invest in companies harnessing generative AI technologies and applications for commerce and payments.

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AI could lead to 3 1/2 day work week, predicts Jamie Dimon

JPMorgan Chase boss Jamie Dimon says that while AI might lead to job loses it could also help to usher in a three-a-half day work week.

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AI race heats up between France and UK

Xavier Niel, French billionaire and chairman of the Iliad group, has announced his intention to host an AI conference in Paris in November, the same month as Britain’s AI Safety Summit.

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ECB experiments with ChatGPT-style AI

The European Central Bank is exploring the use of ChatGPT-like large-language models for things such as document analysis and software testing.

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NatWest to build generative AI tools and expertise with AWS

NatWest is extending its collaboration with Amazon Web Services to incorporate the uptake of new generative AI technology from the cloud provider.

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Fujitsu trials gen-AI for Japanese banks

Japanese technology giant Fujitsu is to conduct trials into the use of generative AI (gen-AI) for banking operations.

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Why AI gender bias is best solved by web3

“Web3 is the ‘perfect platform’ to be compensated for one’s own data,” explains Rumi Morales, a founding director at Navigate, a Web3 platform developing an AI-powered map from crowdsourced data.

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Tether commits to AI strategy with €400 million NVIDIA chip purchase

Damoon, a Tether company in which Northern Data Group owns a majority stake, has purchased over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400 million.

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Amazon gives Alexa a generative AI boost

Amazon has announced they will be giving their virtual assistant ‘Alexa’ an injection of a new generative AI model as the AI race between tech giants continues.

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Infosys announces $1.5 billion deal to level up on AI

Indian IT services provider Infosys announced that it has signed a $1.5 billion contract with an unnamed ‘global company’ for a 15 year period.