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.
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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
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
TikTok Tests AI-Powered Chatbot
TikTok is currently testing a chatbot based on artificial intelligence, through which users will be able to search and discover the content they need.
OpenAI Launches Grant Program, Expands iOS App
OpenAI is ready to fund the development of proofs-of-concept that could establish democratic processes for overseeing AI, while its iOS app version expands to 45 more countries
Lazada Enhances Online Shopping With ChatGPT
One of the largest e-commerce operators in Southeast Asia – Lazada – introduced a ChatGPT-powered chatbot called LazzieChat to help users optimize their shopping experience
How Walmart Is Using Machine Learning AI to Boost Retail
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 Startup Figure Raises $70 Million for Humanoid Robot
AI robotics startup Figure has attracted investment funds for $70 million.
Microsoft’s AI Reaches Rural India
The new AI chatbot helps citizens of remote villages in India to access government assistance, even without speaking English or Hindi
Turkish AI-backed Startup Worth Almost $2 Billion in Funding
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 On Track to Deliver $1 Billion in Value Through AI
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.
Google Challenger Neeva Focuses on AI
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.
G7 Countries Seek Common Vision for AI
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.
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