Artificial intelligence

3031 articles tagged with this keyword

/ai

Algo trading firm XTX to build €1bn data centre hub in Finland

Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.

/ai

Databricks seals $15 billion in financing to attract top AI talent and accelerate global expansion

Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors including Temasek and entities administered by Macquarie Capital, participated in the funding round, which values the company at $62 billion.

/security

Persona unveils advances in detection of AI-based face spoofs

Persona, a leading global identity platform, today announced significant advancements in its AI-based face spoof detection capabilities.

/ai

Cainam Ventures unveils AI-powered digital asset trading tech

Cainam Ventures, a financial technology startup, is launching a groundbreaking platform that redefines autonomous digital asset trading.

/ai

Germany's Metzler Bank to implement AI LLM models from Unique

Unique AG, an award-winning company specializing in AI-driven solutions for financial services, is thrilled to announce a new partnership with with the Frankfurt-based bank B. Metzler seel. Sohn & Co. AG (Metzler), the oldest German private bank in continuous family ownership at 350 years old.

/ai

Caseware acquires Extractly.ai

Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai, the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams.

/payments

Sikoia lands income verification contract with Tandem Bank

London-based fintech Sikoia has announced a strategic partnership with Tandem Bank to automate key aspects of income verification and document handling processes, driving greater efficiency and ultimately benefiting both brokers and customers.

/ai

Goldman Sachs wants to create AI that thinks and acts like a seasoned banker

Goldman Sachs is rolling out a Generative AI assistant to its staff in the first stage of a programme that aims to create a bot capable of thinking and acting like a veteran employee.

/ai

RBC to co-develop GenAI models for data security and privacy with Cohere

Royal Bank of Canada has teamed with AI vendor Cohere to co-develop a security and data privacy application using generative AI.

/security

Entrust introduces AI-driven biometrics

Entrust, a global leader in trusted payments, identities, and data security, today introduced AI-powered identity authentication as a new capability for its Identity-as-a-Service (IDaaS) platform.

/ai

Nationwide consolidates data estate to pave the way for GenAI

Nationwide Building Society is to expand its use of Generative AI, after reporting a successful first implementation with Microsoft.

/Artificial intelligence

Perry Rotella Managing Director, Financial Services at Box

How AI is transforming financial services with metadata extraction

/crypto

Ovoro launches AI-powered crypto trading platform

The current state of the cryptocurrency investing market is overwhelming and complicated, with tens of thousands of crypto assets. As the market is fast-paced and running 24/7, keeping up with market development can take time and effort for regular investors.

/ai

Barclays research estimates that AI could drive US data centre usage to triple by 2030

Barclays Research today released a new Impact Series report, entitled “AI revolution: Meeting massive AI infrastructure demands.”

/ai

Agentic AI: Citi GPS explores future of finance in the ‘do it for me’ economy

Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI), a cutting-edge advancement enabling AI systems to make decisions and execute tasks autonomously.

/ai

Instabase raises $100m

Instabase, a leading applied artificial intelligence (AI) solution for unstructured data, today announced its $100 Million Series D. This latest round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.

/ai

FactSet launches AI-powered Pitch Creator

FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks.

/ai

Profile unveils AI-driven Dora compliance tech

Profile, a leading global financial solutions provider, announces the development and release of a cutting-edge solution within its AI.Adaptive platform.

/ai

Gate City Bank partners Lama AI for loan origination

Gate City Bank, the leading regional financial institution with locations across North Dakota and Minnesota, announced its partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions.