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Latest Results from /ai

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NatWest to build generative AI tools and expertise with AWS

NatWest is extending its collaboration with Amazon Web Services to incorporate the uptake of new generative AI technology from the cloud provider.

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Fujitsu trials gen-AI for Japanese banks

Japanese technology giant Fujitsu is to conduct trials into the use of generative AI (gen-AI) for banking operations.

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Why AI gender bias is best solved by web3

“Web3 is the ‘perfect platform’ to be compensated for one’s own data,” explains Rumi Morales, a founding director at Navigate, a Web3 platform developing an AI-powered map from crowdsourced data.

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Tether commits to AI strategy with €400 million NVIDIA chip purchase

Damoon, a Tether company in which Northern Data Group owns a majority stake, has purchased over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400 million.

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Amazon gives Alexa a generative AI boost

Amazon has announced they will be giving their virtual assistant ‘Alexa’ an injection of a new generative AI model as the AI race between tech giants continues.

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Infosys announces $1.5 billion deal to level up on AI

Indian IT services provider Infosys announced that it has signed a $1.5 billion contract with an unnamed ‘global company’ for a 15 year period.

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UK banks ditch the Metaverse

The number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away.

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Ant Group launches AI model for financial apps

Ant Group announced that it has begun consumer and professional app testing for a finance-specific artificial intelligence (AI) model at the Inclusion Conference on the Bund in Shanghai this week.

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Temenos rolls out first generative AI tool

Swiss core banking provider Temenos has developed a generative AI tool for automatically classifying customer banking transactions, helping clients to provide personalised inisghts and recommendations.

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Financial crime detection outfit ThetaRay raises $57m

ThetaRay, the Isralei fintech that enables banks to monitor payment traffic to sniff out money laundering risks, has completed a $57 million fundraising round.

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Google DeepMind co-founder argues US should set AI global standards - FT

Mustafa Suleyman, Google DeepMind's co-founder and chief executive of Inflection AI, told the Financial Times that the US should use their chip leadership to enforce minimum global standards for the use of AI.

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Half of Klarna employees using ChatGPT Enterprise

Klarna has become an early adopter of the enterprise version of Open AI's ChatGPT, with half of the BNPL giant's workforce now using the technology.