AI - page 27

Articles

Embedded Finance Trends to Watch in 2024

The global market for embedded finance is growing explosively, presenting numerous opportunities for industry players. At the same time, new technologies and market trends continuously change the embedded finance landscape. Here’s what you should know to navigate through the ever-evolving sector in 2024.

Science & Technology

Baidu Launches Upgraded AI Model

Chinese Internet search giant Baidu on Friday, June 28, presented a new version of its Ernie 4.0 Turbo artificial intelligence model.

News

Honor CEO Says About Importance of Security Amid AI Development

Chief Executive Officer of Honor George Zhao, during a conversation with media representatives, said that the transformative power of artificial intelligence has no value if user data is not protected.

News

Gulf Edge & Google to Develop Sovereign Cloud Service in Thailand

Google Cloud and Gulf Edge are bound to deliver innovative AI-ready sovereign cloud services in Thailand in compliance with the country’s stringent data residency, security, and privacy requirements.

News

99% of Businesses to Use AI for Financial Reporting by 2027: KPMG

Besides the nearly universal use of artificial intelligence in financial reporting, companies also expect auditors to increasingly use AI to drive more proactive and predictive evaluation.

Science & Technology

SoftBank to Invest in AI Startup Perplexity

Vision Fund 2, part of the ownership structure of SoftBank Group Corp., invests in the startup Perplexity, which operates in the artificial intelligence industry.

Science & Technology

Nvidia CEO Says About Rising Competition

Nvidia chief executive officer Jensen Huang last Wednesday, June 26, said that the current significant advantage of this company in the area of chips for artificial intelligence systems was achieved as a result of a bet made more than ten years ago, based on investments in AI worth billions of dollars and a team of […]

Science & Technology

OpenAI Reportedly Plans to Block China Access to AI Tools

The media reported that OpenAI is taking additional measures to restrict China’s access to artificial intelligence software.

News

BIS Says AI Challenges Central Banks

The Bank for International Settlements shared its opinion and vision of how financial institutions, primarily those of these organizations that have the status of state regulators, should respond to the active spread of artificial intelligence and interact with this advanced technology.

Science & Technology

ByteDance & Broadcom Work on Advanced AI Chip

TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.

News

Apple and Meta Reportedly Discuss AI Collaboration

The media reported that Apple held talks with Meta on the issue of cooperation in the area of artificial intelligence.

Science & Technology

OpenAI Buys Enterprise Startup

OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.

News

Apple’s AI Push Faces Challenges in China

Apple’s large-scale artificial intelligence push project is facing serious challenges in China, as the authorities of this Asian country adhere to very strict rules regarding the development and distribution of AI.

Science & Technology

SoftBank CEO Predicts AI to Surpass Significantly Human Mind in 10 Years

SoftBank CEO Masayoshi Son on Friday, June 21, during a rare public appearance, said that artificial intelligence, which in terms of cognitive abilities is 10,000 times greater than the capabilities of the human mind, will emerge, in his opinion, in 10 years.

Fintech & Ecommerce

Target to Roll Out AI Chatbots in US Stores This Summer

American retail giant Target aims to facilitate internal operations in nearly 2,000 stores across the United States with a handy AI assistant called “Store Companion”.

News

AI Video Startup HeyGen Raises $60 Million

HeyGen, a startup operating in the artificial intelligence industry, received investment funds for $60 million following the results of the financing round that values the firm at $500 million.

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.