Amazon Launches New Version of Its AI Image Generator
Amazon has unveiled a new version of its own image generation model, the Titan Image Generator.
AI - page 24
Lloyds Hires AWS Exec to Lead AI and Analytics Division
Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.
AI Chip Startup Groq Reaches $2.8 Billion Valuation
Startup Groq Inc., which operates in the artificial intelligence industry, raised investment funds for $640 million.
Contextual AI Raises $80 Million
Contextual AI, a startup selling a tool to improve the performance of artificial intelligence models, raised an investment of $80 million as part of a Series A funding round.
WeOnAsset.io Incorporates AI for Financial Performance Enhancements
London, United Kingdom – WeOnAsset.io, a leading entity in the realm of financial services, announces its strategic integration of Artificial Intelligence (AI) to enhance financial performance across its spectrum of services. This forward-thinking initiative underscores WeOnAsset’s commitment to staying at the forefront of technological innovation, ensuring its clients receive the utmost efficiency and effectiveness. Unveiling […]
How to Safeguard Financial Institutions From Malicious AI Use
Artificial intelligence (AI) is an extremely powerful and useful technology. However, when it gets into the wrong hands, innovative smart tools may be used for malicious purposes. There’s no other sector more attractive to cybercriminals than banking and financial services. Therefore, financial institutions of all kinds must take all the precautions to safeguard their ecosystems […]
Virtual Companion Now on Your Neck With a Friend AI Necklace
The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.
OpenAI Launches Voice Assistant
OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.
Aveni Raises $14 Million
The fintech company Aveni, which is based in the United Kingdom, announced that it managed to raise investment funds for $14 million.
Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028
Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.
Apple Releases First Version of Suite of AI Features
On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.
UK Startup Fractile Raises $15 Million
The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.
JPMorgan Reportedly Launches In-House Chatbot
The media reports that JPMorgan Chase has begun the process of implementing its own digital product based on generative artificial intelligence.
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.
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.
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.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.