AI - page 16

Fintech & Ecommerce

Mastercard Expands Tech Hub Ecosystem With New Campus in India

Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.

Fintech & Ecommerce

Swift Introduces AI Fraud Detection for Cross-Border Payments

SWIFT network is to launch an AI-powered solution to bolster fraud detection in cross-border payments, analyze vast amounts of real-time payment data, and mitigate risks.

Science & Technology

Adobe Rolls Out New AI Model to Generate Video

Adobe has presented an artificial intelligence model that can use text prompts to generate videos.

Science & Technology

AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India

Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.

News

Google to Leverage Nuclear Power for AI Development

Global tech leader Google partnered with US-based nuclear energy company Kairos Power to purchase atomic energy from its multiple small modular reactors (SMR) and support the development of AI technologies.

Articles

How Cross-Border Payment Inefficiencies Hinder Business Growth

Companies that export goods and services across borders are statistically outperforming companies that limit their business operations to domestic territories. However, cross-border payments are still not handled in the most effective way. Therefore, businesses dealing with international trade often suffer from payment inefficiencies. To what extent are they able to hinder business growth? 

Science & Technology

Nvidia’s Market Cap Tops $3.4 Trillion

On Monday, October 14, Nvidia shares closed at a record high as Wall Street is currently preparing for earnings season.

Science & Technology

OpenAI’s Nonprofit Structure Demonstrates Probability of Transformation

OpenAI, one of the main players in the global artificial intelligence industry and the developer of the world’s most popular chatbot called ChatGPT, is likely to face costly and inconvenient reckoning due to its nonprofit origin, even though the startup’s valuation has reached the $157 billion mark.

Science & Technology

AMD Launches New AI Chip

AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.

News

CoreWeave Gets $650 Million Credit Line

CoreWeave, an artificial intelligence startup that rents out chips to other companies, on Friday, October 11, announced that it has a new credit line for $650 million.

News

Smartsheet and AWS to Help Companies Access Their Work Management Data

Amazon Web Services (AWS) and Smartsheet, as part of a partnership, will join forces to help companies access their work management data through a digital assistant based on generative artificial intelligence.

Science & Technology

Startup Writer Launches New AI Model

The startup Writer, which is based in San Francisco, last Wednesday, October 9, debuted a large model of artificial intelligence.

News

Amazon to Deploy AI-Powered Technology to Help Drivers Find Packages

Amazon is currently preparing to roll out technology that uses artificial intelligence and lighting to help delivery drivers find the packages they need in trucks at a particular moment.

News

HSBC Exec Says About AI’s Impact on Finance Sector

Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.

Science & Technology

Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa

Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.

Science & Technology

Foxconn’s Revenue Beats Estimates

Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.

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