AI - page 19

News

HSBC Exec Says About AI’s Impact on Finance Sector

Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.

News

Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa

Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.

News

Foxconn’s Revenue Beats Estimates

Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.

Articles

Shaping the AI-to-AI Economy With Don Gossen From Nevermined: Interview

“We’re still effectively in the “early 90’s internet” phase of AI at the moment. […] as we unlock AI capabilities, especially those semi-autonomous or autonomous in nature, we begin to see what the future has in store. The possibilities of AI applications are conceivably endless, limited perhaps only by imagination and energy production,” says Don […]

Science & Technology

Meta Presents AI Video Generator

Meta Platforms Inc. has presented a new artificial intelligence tool that is designed to generate and edit videos.

News

OpenAI Secures $4 Billion Credit Line

OpenAI has secured a new revolving credit line worth $4 billion.

Science & Technology

OpenAI Closes Funding at $157 Billion Valuation

OpenAI has closed its long-awaited funding round at a valuation of $157 billion.

Science & Technology

Nvidia and Accenture to Boost Corporate AI Adoption

Nvidia Corp. expands the scope of cooperation with technology consultant Accenture to drive the adoption of artificial intelligence in the business environment and boost orders for the chip manufacturer’s products.

Science & Technology

SoftBank Reportedly to Invest $500 Million in OpenAI

The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.

Science & Technology

Microsoft Reportedly Plans to Relaunch AI-Powered Recall Offering

The media reports that Microsoft intends to make another attempt to roll out its Recall program powered by artificial intelligence.

Fintech & Ecommerce

How to Find the Right Balance Between Protecting Consumers and Pushing Them Away With Over-Zealous Fraud Prevention

The safety of payment transactions is one of the main prerogatives industry players focus on. However, sometimes, the efforts to eliminate fraud lead to adverse effects. Overzealous fraud prevention techniques tend to drive customers away, creating too much checkout friction. Today, we’ll learn to distinguish a thin borderline between proper vigilance and overprotection in finance.

Science & Technology

OpenAI Reportedly Sees Roughly $5 Billion Loss This Year

The media reports that OpenAI, one of the largest players in the global technology sector, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, expects losses of about $5 billion in the current year.

Science & Technology

Experts Say About AI Chatbots Potential as Cybercrime Tool

HP Wolf Security has recorded the first case when criminals used generative artificial intelligence technologies to write malicious code to distribute a remote access Trojan.

News

Visa to Acquire Featurespace for Real-Time AI Payment Protection

Visa has agreed to acquire Featurespace to enhance its existing fraud detection solutions, offering real-time AI-based protection against payment fraud and financial crime.

Science & Technology

Meta Demonstrates New AR Smart Glasses

Orion smart glasses by Meta are described as a time machine bringing users a glimpse of a fascinating future where reality and virtual environment seamlessly blend.

News

AWS Makes Meta’s Llama 3.2 Available to Customers

Meta’s large language models Llama 3.2 have become generally available on Amazon Bedrock, Amazon SageMaker, and via Amazon Elastic Compute Cloud (Amazon EC2) using AWS Trainium and AWS Inferentia.

PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.