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Latest Results from /ai

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Exclusive: Nordic Capital scoops up payments veteran Mohit Agnihotri

Nordic Capital has announced the appointment of technology and payments veteran Mohit Agnihotri as a new partner for the European private equity firm that recently raised its EUR 9 billion Fund XI.

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Bitpanda to invest $10 million in AI

Austrian cryptocurrency outfit Bitpanda is to invest $10 million to create a dedicated AI division.

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EU Parliament in favour of tougher rules for AI Act

The European Parliament lawmakers reached agreement on a strict set of rules on AI use in the EU to rein in AI systems and ensure transparency and security.

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Biden and Harris address AI regulation with BigTech CEOs

US President Joe Biden met with CEOs of several leading tech firms to discuss the dangers of rapid artificial intelligence (AI) adoption.

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ChatGPT investment fund smashes the UK's ten most popular funds

A fictional fund generated by ChatGPT is significantly outperforming the average of the UK’s 10 most popular funds, which have collectively lost 0.8% in value over the same time period.

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Generative AI governance targeted in proposed EU rules

The EU’s AI Act has been pushed through to the trilogue stage after nearly two years of drafting. The draft includes requirements for generative AI tools, like ChatGPT, to disclose the copyrighted material used in developing their programmes.

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Amazon stock plummets amid cloud slowdown

Amazon reported that its cloud growth has slowed, as business customers reduce spending amid market uncertainty.

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JPMorgan uses ChatGPT to analyse Fed speeches - Bloomberg.

JPMorgan has built a ChatGPT-based language model to analyse Federal Reserve statements and speeches in an effort to sniff out potential trading signals.

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Klarna unveils AI-powered personalised shopping feed

Klarna continues to broaden its scope beyond BNPL, unveiling an AI-powered shopping feed, a "personal shopper" and new selling tools for retailers and creators.

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Jeremy Hunt dismisses AI warnings and insists UK leads the AI race

Chancellor Jeremy Hunt waved away concerns on rapid AI development at a Politico event in London on Wednesday, and insisted that the UK needs to step up in the global AI race.

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AI race in full gear as Alphabet forms new AI-focused division

Alphabet Inc., Google’s parent company, is merging two AI-focused research divisions, Google Brain and DeepMind, to keep up the pace with competing AI developments.

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Triver raises £7 million to provide SMEs with instant capital

Triver, a London-based startup that uses open banking data and AI to provide short-term working capital to SMEs, has raised £7 million in seed funding.