Moonfire Ventures announced that it managed to attract investment funds for $115 million, which will be used to financially support startups in the field of artificial intelligence that are at the early development stage.
The combination of cutting-edge technology and financial solutions has brought the fintech era into existence. Though still in its early years, the age of AI (artificial intelligence) and computer-led processes could prove to be the most important social development since the digital revolution of the late 1900s.
Many companies have been using artificial intelligence in their businesses for years in order to optimize performance and increase efficiency. However, Walmart has a unique advantage in this area due to its access to massive amounts of data.
AI robotics startup Figure has attracted investment funds for $70 million.
The new AI chatbot helps citizens of remote villages in India to access government assistance, even without speaking English or Hindi
The Turkish marketing platform Insider, supported by artificial intelligence, announced the attraction of investment funds in the amount of $105 million following the results of the financing round.
JPMorgan last Monday, May 22, held an investor day, during which the vectors of further activities of the bank holding were outlined, including intentions related to the use of artificial intelligence were announced.
Neeva announced the termination of the functioning of its consumer search engine and announced its intention to focus the available forces and resources on artificial intelligence.
The leaders of the G7 countries intend to hold a negotiation process, following which a common vision of artificial intelligence will be formed and the goals of its development will be outlined.
OpenAI has launched the official version of its AI-powered chatbot ChatGPT on Apple’s App Store. Although it’s currently available on a very limited scale, further global rollout could add more than a billion users to the bot app
Recently, ChatGPT has been receiving increasing attention from the finance industry, which has led to some promising results. In fact, two papers published just previous month have used the AI chatbot to complete various tasks related to the market.
Telecommunications giant BT has announced its intention to cut 55,000 jobs by the end of this decade.
On Tuesday, May 16, Sam Altman, Chief Executive Officer of OpenAI, told US senators about the aspects of the development and application of artificial intelligence, the regulation of which he supports.
Strategists at Goldman Sachs Group Inc. believe that artificial intelligence can become a solid foundation for long-term profit growth in the United States.
Zoom announced the beginning of cooperation with Anthropic in order to introduce the Claude chatbot on Zoom platforms.
Together, a startup that develops open-source artificial intelligence, announced the attraction of $20 million in investment funds as part of the initial financing round.
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