AI - page 10

News

Visa Acquires Featurespace to Boost Transaction Monitoring With AI

Visa has officially completed its acquisition of Featurespace, a company specialising in real-time artificial intelligence (AI) technology for payment protection, announced in September.

Science & Technology

Accenture Beats Quarterly Revenue

Accenture on Thursday, December 19, released a report on its earnings for the first quarter of fiscal 2025, which exceeded Wall Street’s preliminary expectations regarding this company’s revenue and profit for the mentioned period.

News

China’s GenAI Sector Sees More Funding

The Chinese generative artificial intelligence sector received more funding this year, but at the same time recorded a decrease in the number of deals.

Fintech & Ecommerce

Hong Kong Picks Several Banks and Tech Firms to Test GenAI in Financial Sector

The Hong Kong Monetary Authority (HKMA) has picked ten banks and four technology partners to participate in a project to test several use cases for generative artificial intelligence in the financial services sector.

News

Nvidia Presents New GenAI Tools

NVIDIA has introduced the Jetson Orin Nano Super Developer Kit along with NeMo Retriever suite of microservices  – tools designed to enhance generative AI (GenAI) capabilities.

Science & Technology

AWS to Invest $10B in AI Infrastructure in Ohio

AWS plans to strengthen its commitment to Ohio with a $10 billion investment supporting the surging demand for cloud computing and AI.

News

AI Startup Basis Raises $34 Million

The startup Basis, which operates in the space of the artificial intelligence industry, on Tuesday, December 17, announced that it managed to raise investments for $34 million as part of the Series A funding round.

News

China Seeks to Dominate in AI

China is currently striving to become the dominant player in the global artificial intelligence industry, and according to media reports, citing insiders and experts, Beijing’s corresponding efforts may eventually prove successful, since AI models developed in the Asian country already demonstrate a high level of efficiency and have significant competitiveness.

Fintech & Ecommerce

Generative AI in Payments: Unlocking New Possibilities in Fintech

Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]

Articles

Fintech Market Breakthroughs 2024: A Year in Review

2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.

Science & Technology

OpenAI Launches ChatGPT Search Features to All Users

On Monday, December 16th, OpenAI rolled out the search product for all users of its chatbot ChatGPT.

Science & Technology

Goldman Sachs Says About Practice of Using AI by American Companies

New research from Goldman Sachs indicates that among American companies, the practice of using artificial intelligence technologies is being implemented on a limited scale and is not yet what can be described as a massive process.

Science & Technology

Australia Develops Plan to Boost AI Investment

In Australia, the Department of Industry, Science and Resources is starting work on a National AI Capability Plan.

Science & Technology

Liquid AI Closes $250 Million Early-Stage Funding Round

Liquid AI, a startup operating in the area of generative artificial intelligence, announced on Friday, December 13, that it closed a $250 million early-stage funding round led by chip manufacturer Advanced Micro Devices (AMD).

News

Meta Releases New AI Model

Meta last Thursday, December 12, announced that it was releasing a new artificial intelligence model called Motivo, which can control the movements of a human-like digital agent and potentially enhance the Metaverse experience.

News

AI Startup Vapi Raises $20 Million

Vapi startup, which is based in San Francisco and helps businesses to deploy voice agents powered by artificial intelligence, on Thursday announced that it had raised investments worth $20 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.