Startup Instabase Notches $2 Billion Valuation
Business services startup Instabase announced the attraction of investment funds in the amount of $45 million following the results of the next round of financing.
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IQ Capital Raises $400 Million for Deep Tech AI Firms
Venture capital company IQ Capital announced the attraction of investment funds for $400 million to provide financial support to startups that operate in the field of artificial intelligence and robotics.
Walmart Looks to Generative AI as Grocers Tap Self-Service
At a time when grocers are coming up with the most effective results of using a self-service strategy while simultaneously eliminating the shortcomings of this format, Walmart is actively paying attention to artificial intelligence to make its digital tools smarter and increase their effectiveness.
Open AI Receives Warning From Japanese Privacy Watchdog
The Japanese privacy protection service on Friday, June 2, announced that it had sent a warning to the OpenAI startup, which received investments from Microsoft and developed a popular chatbot based on artificial intelligence ChatGPT, about the inadmissibility of using the practice of collecting personal information without obtaining prior permission to perform these actions from […]
Goldman Analysts Say AI Stock Winners Outperform in Credit Too
Strategists at Goldman Sachs Group said that companies that specialize in the development and extension of technologies based on artificial intelligence, in terms of the value of shares and the dynamics of their growth, outperformed competitors working in the field of lending, although in this case there is no catastrophic gap between the indicators of […]
Experts Say ChatGPT to Fuel $1.3 Trillion AI Market by 2032
The release of generative artificial intelligence systems that are focused on solving problems, and satisfying various groups of consumer needs, for example, ChatGPT from OpenAI and Bard from Google will ensure a high level of development of the generative AI market over the next decade and will bring its financial volume to $1.3 trillion by […]
Kasisto Introduces Banking-Specific LLM KAI-GPT
The KAI-GPT large language model (LLM) is designed to address the banking industry’s unique needs for accuracy, transparency, trustworthiness and customization
MAS and Google Cloud Collaborate on Generative AI
The Monetary Authority of Singapore (MAS) established a partnership with Google Cloud to explore potential formats for the use of generative artificial intelligence.
HSBC Launches ESG Index
HSBC has launched a global index that uses artificial intelligence to assess the improvement of the company’s ESG indicators and their potential in terms of the possibility of influencing the growth of financial dynamics.
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has created something like a fund to finance Chinese startups that specialize in research in the field of generative artificial intelligence.
WPP Partners With Nvidia to Accelerate Production of Advertising Content
WPP has established a partnership with Nvidia.
Amex to Use AI to Improve Customer Experience
After numerous experiments, American Express (Amex) aims to utilize AI technology for approving credit lines as well as providing predictive analytics
CFPB Begins to Muscle Up AI Regulations
The American consumer protection service joins a group of organizations that are strengthening their protection tools through the use of artificial intelligence.
Sam Altman Shares His Optimistic View of AI Future
OpenAI CEO Sam Altman, in a speech on the stage of Station F in Paris, answered questions from local entrepreneurs about his idea of the image of the future in the context of the active development and dissemination of artificial intelligence.
Microsoft Executive Calls For Faster AI Regulation
Brad Smith, president and vice chairman of Microsoft (MSFT), said that the US government should intensify its activities aimed at creating and subsequently implementing measures to regulate the development and dissemination of artificial intelligence.
SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan
Nvidia and SoftBank are collaborating on a pioneering platform for generative AI and 5G/6G applications which SoftBank plans to roll out across new, advanced AI data centres across Japan
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