Aveni Raises $14 Million
The fintech company Aveni, which is based in the United Kingdom, announced that it managed to raise investment funds for $14 million.
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Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028
Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.
Apple Releases First Version of Suite of AI Features
On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.
UK Startup Fractile Raises $15 Million
The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.
JPMorgan Reportedly Launches In-House Chatbot
The media reports that JPMorgan Chase has begun the process of implementing its own digital product based on generative artificial intelligence.
Apple Signs On to Voluntary US Scheme to Manage AI Risks
Apple has signed the voluntary commitments of the President of the United States Joe Biden, which are aimed at regulating activities in the artificial intelligence industry.
OpenAI Tests New Search Features
OpenAI has provided a limited number of users with the opportunity to test a new set of search functions.
SK Hynix Posts Highest Quarterly Profit in 6 Years
SK Hynix, one of the largest chip manufacturers in the world, released information on Thursday, July 25, about the financial results of its activities in the second quarter of the current year.
Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
20% of APAC Businesses Rely On AI/ML Powered API Security Solutions
Numerous security challenges around application programming interfaces (APIs) are increasingly tackled by artificial intelligence (AI) and machine learning (ML) enabled solutions in the APAC region.
Mastercard Rolls Out AI to Combat Card Fraud
Mastercard has presented a new approach to identifying compromised payment cards, which involves using a combination of generative artificial intelligence and graph technology.
Alphabet Profit Surges 29% in Q2 Despite AI Research Losses
Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.
Visa Says About Effectiveness of AI in Combating Fraud
Visa said that as a result of its activities investing in artificial intelligence and other technologies, last year, through the use of advanced functional solutions to ensure financial security, it managed to block the process of making 80 million fraudulent transactions totaling $40 billion.
GoTo Launches Dira AI Fintech Voice Assistant
Dira by GoTo AI is the first ever AI-enabled fintech voice assistant in Bahasa Indonesia that can help users easily discover GoPay app features and perform various tasks faster.
Meta Launches Biggest Llama 3 AI Model
Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.
Amazon Calls for Global Rules for Responsible AI
Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.
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