AI - page 34

News

Microsoft to Invest $2.2B in AI and Cloud Infrastructure in Malaysia

Microsoft has pledged a single largest investment of $2.2 billion into Malaysia’s digital transformation, to support the country’s cloud and artificial intelligence (AI) infrastructure development.

News

Anthropic Expands Enterprise Offering

The company Anthropic, which operates in the artificial intelligence industry, announced the launch of its first smartphone app and a new enterprise subscription plan.

Fintech & Ecommerce

Financial Longevity: Risks and Opportunities for Fintech

Is there anything better than to live long and prosper? If the first component of this equation is getting easier lately, having enough money to cover your retirement years is a great challenge nowadays. The studies of financial longevity reveal both risks and opportunities that financial institutions face as the worldwide average lifespan is continuously […]

News

Ex-AWS Exec Launches AI Startup for ERP Systems

Bernard Leong, angel investor and ex-AI executive at Amazon Web Services (AWS), has launched a startup focused on financial enterprise resource planning (ERP) enabled by artificial intelligence.

News

AWS Launches New GenAI-Powered Assistants

Amazon Web Services (AWS) on Tuesday, April 30, announced the universal availability of its virtual assistants based on generative artificial intelligence, which are designed to solve business-related tasks and software development.

News

CEOs of OpenAI, Google and Microsoft to Join Federal AI Safety Panel

The United States government has asked companies operating in the artificial intelligence industry for advice on how to use advanced technology to protect utilities, airlines, and other critical infrastructure from hacker attacks applying AI.

Science & Technology

Elon Musk’s xAI Reportedly Close to Raising $6 Billion

The media reports that Elon Musk’s startup xAI, which operates in the sphere of artificial intelligence, is close to raising funds for $6 billion from investors.

Science & Technology

Intel Shares Fall Due to Weak PC Chip Demand

Intel’s share price on Friday, April 26, at the premarket showed a significant decline of more than 7% after the company’s pessimistic sales forecast for the second quarter of 2024 testified that the so-called artificial intelligence boom reduces consumer spending on microcircuit for traditional data centers and computer chips.

Science & Technology

Nvidia to Acquire Israeli Startup Run:ai

AI workload management and orchestration software provider Run:ai has fruitfully collaborated with Nvidia since 2020.

News

Meta’s Stock Declines on AI Spending Plans

On Thursday, April 25, at the premarket, the price of Meta shares showed a drop in the dynamic amid news about the intention of this technology giant to switch to a strategy of so-called aggressive investment in the artificial intelligence industry, which investors treat with extreme caution and significant concerns.

Science & Technology

SK Hynix Plans Chip Production Expansion

SK Hynix Inc. intends to spend about $14.6 billion on the construction of a complex for the production of memory chips in South Korea.

News

Mastercard Improves AI-Driven Fraud Defense

Mastercard is launching a partnership approach based on artificial intelligence to detect and prevent fraudulent activities involving the use of personal data and payments before the operations of criminals transform into victimizing consumers.

Science & Technology

SoftBank Reportedly to Invest Nearly $1 Billion in AI Push

The Japanese technology conglomerate SoftBank intends to develop a generative artificial intelligence model for the Japanese language.

Science & Technology

Perplexity AI Raises About $63 Million

Perplexity AI, a startup developing an artificial intelligence-based Internet search system capable of fully competing with Google, was able to raise investments worth about $63 million as part of a new round of financing.

Fintech & Ecommerce

Verafin Launches AI Copilot

Verafin has announced the addition of an artificial intelligence copilot to its suite of solutions for combating financial crimes.

News

Lenovo and Alibaba Cooperate to Build AI Computers

Lenovo Group, one of the world’s largest manufacturers of personal computers, has partnered with Alibaba Group Holding, a giant in the sphere of Internet business, to create a series of products based on artificial intelligence.

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.