AI - page 42

News

NYC Cracks Down on AI Use in Hiring Decisions

New York became the first US city to introduce regulation of the possibilities of using artificial intelligence when hiring.

News

Nine British Banks Sign Up to New AI Tool for Tackling Scams

Mastercard has launched sales of an artificial intelligence-based tool with which financial institutions can record customers’ attempts to transfer money to fraudsters.

Fintech & Ecommerce

Citi Says AI to Personalize Treasury and Power Data-Readiness Teams

Naveed Anwar, global head of digital platforms and data at Citi Treasury and Trade Solutions, said during a conversation with media representatives that in the current environment, treasurers and CFO need data for everything they do.

News

AI Companies Hunt for San Francisco Offices

The company Hive, which operates in the field of artificial intelligence, announced the subletting of three floors of an office located in the center of San Francisco.

Science & Technology

AI Video Startup Runway Raises $141 Million

The company Runway AI, which produces software for artificial intelligence, with which you can create short videos based on a minimal verbal request, announced the raising of investment funds in the amount of $141 million.

Science & Technology

Inflection AI Raises $1.3 Billion

The startup Inflection AI, which is currently working on creating a chatbot called Pi, reported that it managed to raise investment funds in the amount of $1.3 billion.

Science & Technology

OpenAI Faces Class-Action Lawsuit: Reason Unveiled

The lawsuit against OpenAI, the maker of the popular chatbot ChatGPT, was filed in the United States District Court for the Northern District of California by Clarkson Law Firm on June 28

Science & Technology

AI Startup Typeface Raises $100 Million

Typeface, a startup that works in the field of artificial intelligence and specializes in content creation services for businesses, reported raising $100 million in funding.

Fintech & Ecommerce

HK Virtual Insurer OneDegree Raises $27 Million in Funding Round

Virtual insurance company OneDegree Hong Kong announced the raising of investment funds, the amount of which amounted to $27 million.

Science & Technology

New US Ban To Restrict Access of China’s AI Firms to Chips

The United States is currently exploring the prospects of introducing additional restrictive measures regarding the export of chips necessary for developments in the field of artificial intelligence to China.

Science & Technology

AWS Launches AI Startup Accelerator in China

Amazon Web Services (AWS), the cloud computing arm of the e-commerce giant, has first launched a startup accelerator for AI firms in the Chinese market

News

Resistant AI Raises $11 Million for Security Solutions

The Resistant AI company announced the raising of new investment funds.

Science & Technology

Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion

Databricks, a company specializing in the storage and management of data arrays, announced the acquisition of MosaicML startup, which operates in the field of artificial intelligence creation.

Science & Technology

Mizuho Rolls Out Generative AI to Bank Staff in Japan

Mizuho Financial Group announced the provision of access to Microsoft’s Azure OpenAI service to all employees of its banks in Japan.

News

Meta and OpenAI CEOs Back EU Artificial Intelligence Rules

The heads of Meta and OpenAI expressed support for European government initiatives that relate to the regulation of the process of development and dissemination of artificial intelligence.

Science & Technology

JPMorgan Expects Cybersecurity Industry to Benefit from Generative AI

JPMorgan experts believe that in the IT industry, security in the virtual space will remain the most financially costly sector in the foreseeable future.

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