Latest Results from /ai
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The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.
31 January 2025
Llloyds Banking Group has reacted to the growing pressure on banks to build safeguards around their deployment of artifical intelligence tools by appointing Magdalena Lis as head of 'responsible' AI.
UBS undertook a massive data transformation effort to support the creation of two domain-specific AI assistants, collectively known as UBS Red.
30 January 2025
Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale's venture capital fund.
Euroclear has entered into a seven-year deal with Microsoft, harnessing a full suite of technology encompassing cloud, data and AI.
Business travel platform TravelPerk has raised $200 million and acquired Swiss AI-powered spend management outfit Yokoy.
28 January 2025
NatWest Group has made a minority investment in Serene, an early-stage AI platform dedicated to tackling financial vulnerability.
Financial services firms are putting an emphasis on active human oversight for model training, interpretation and sensitive decision-making as they begin the roll out of generative AI across their businesses, according to a report from UK Finance.
Wyzr, a fintech startup developing an AI CFO product for small businesses, has raised £400,000 from a Dragon's Den-style pitch event held by NatWest.
27 January 2025
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.
23 January 2025
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.
22 January 2025
Royal Bank of Canada has teamed with AI vendor Cohere to co-develop a security and data privacy application using generative AI.
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