Apple Signs On to Voluntary US Scheme to Manage AI Risks
Apple has signed the voluntary commitments of the President of the United States Joe Biden, which are aimed at regulating activities in the artificial intelligence industry.
AI
OpenAI Tests New Search Features
OpenAI has provided a limited number of users with the opportunity to test a new set of search functions.
SK Hynix Posts Highest Quarterly Profit in 6 Years
SK Hynix, one of the largest chip manufacturers in the world, released information on Thursday, July 25, about the financial results of its activities in the second quarter of the current year.
Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
20% of APAC Businesses Rely On AI/ML Powered API Security Solutions
Numerous security challenges around application programming interfaces (APIs) are increasingly tackled by artificial intelligence (AI) and machine learning (ML) enabled solutions in the APAC region.
Mastercard Rolls Out AI to Combat Card Fraud
Mastercard has presented a new approach to identifying compromised payment cards, which involves using a combination of generative artificial intelligence and graph technology.
Alphabet Profit Surges 29% in Q2 Despite AI Research Losses
Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.
Visa Says About Effectiveness of AI in Combating Fraud
Visa said that as a result of its activities investing in artificial intelligence and other technologies, last year, through the use of advanced functional solutions to ensure financial security, it managed to block the process of making 80 million fraudulent transactions totaling $40 billion.
GoTo Launches Dira AI Fintech Voice Assistant
Dira by GoTo AI is the first ever AI-enabled fintech voice assistant in Bahasa Indonesia that can help users easily discover GoPay app features and perform various tasks faster.
Meta Launches Biggest Llama 3 AI Model
Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.
Amazon Calls for Global Rules for Responsible AI
Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.
NatWest Banking App Available on Apple Vision Pro
NatWest is one of the first banking services providers to launch its app on Apple’s Vision Pro smart goggles.
AI Startup Cohere Reaches $5.5 Billion Value
Startup Cohere Inc., which operates in the area of artificial intelligence, is currently one of the most valuable AI companies in the world and one of the largest early-stage firms in Canada, but there are not many mentions of it in the media space compared to competitors from Silicon Valley, although there is a reason […]
Alphabet to Report Q2 Growth
It is expected that data on the second-quarterly revenue of Alphabet, the parent company of Google, will show an increase of 14% year-on-year, as reported by the media with reference to their own calculations and estimates of the interviewed experts.
India’s Unique Path to AI Leadership
India plays an important role in the global AI revolution. The country ranks among the global leaders in AI implementation, investments, and innovation. Here’s how India has achieved this prominent position and what its AI strategy has in store for the future.
History of Fintech in India
The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
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