Artificial Intelligence

Investing Solution Provider TOGGLE AI Introduces Direct Trading Integration with Tradestation

TOGGLE AI, the intelligent investing dashboard, introduced the expansion of its direct trading integrations with the addition of TradeStation Group, Inc., a Florida-based company whose operating subsidiaries “provide self-clearing online brokerage services for trading stocks, ETFs, options, futures, and crypto that aim to offer the… Read More

MicroCloud Hologram Introduces AI-Driven Holographic Virtual Digital Human

MicroCloud Hologram Inc. (NASDAQ: HOLO), a provider of Hologram Digital Twins Technology, revealed its latest innovation: a holographic virtual digital human powered by ChatGPT‘s generative pre-training model. The technology simulates human linguistic behaviors, incorporating semantic analysis, to produce text that users can effortlessly understand. This… Read More

AI Technology: Ant Group Introduces Financial Large Language Model, New Applications

Ant Group unveiled its financial large language model at the 2023 INCLUSION·Conference on the Bund, alongside two new applications powered by the financial LLM including Zhixiaobao 2.0, an intelligent financial assistant for consumers, and Zhixiaozhu 1.0, an intelligent business assistant serving financial industry professionals. According… Read More

Earnix, provider of SaaS solutions for global insurers and banks, names new CTO

Earnix, a provider of intelligent SaaS solutions for insurers and banks worldwide, announced the appointment of seasoned technology expert Erez Barak as its Chief Technology Officer (CTO) effective from September 10. With a rich career spanning over 22 years, including significant leadership roles at tech… Read More

Artificial Intelligence: Mujin Raises $85m to Expand AI-Powered Robotics Platform

Tokyo-based intelligent robotics startup Mujin has announced raising $85 million in its Series C funding round, further boosting its market share in the realm of AI-powered robotics for manufacturing, logistics, and supply chain operations. The funding round saw participation from top investors, including Japan’s SBI… Read More

Provenir, a Provider of AI-enhanced Risk Decisioning Software, Appoints Andres Elizondo as Chief Financial Officer

Provenir, which claims to be a global leader in AI-powered risk decisioning software, announced the appointment of Andres Elizondo as its new Chief Financial Officer. Elizondo brings a wealth of experience which “combines both finance and strategy, with a focus on driving and delivering long-term… Read More

Korea’s Largest Financial Services Company Selects Polygon for Security Tokenization

Mirae Asset Securities, an investment firm and brokerage with more than $500 billion in AUM, has chosen Polygon to pursue digital securities or asset tokenization. According to a note from Mirae, the Mirae Asset Security Token Working Group is working to build the infrastructure for… Read More

EC.ai Closes $60m Series B Funding to Accelerate AI Solutions Deployment

Artificial intelligence (AI) technology provider Elemental Cognition (EC.ai), has announced raising $60 million in its Series B funding round, with notable participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individual investors. The investment will be utilized to accelerate the commercial… Read More

Quantiphi, Unqork to Launch Automated and Integrated Intelligent Insurance Underwriting Platform on Google Cloud

Quantiphi, an Al-first digital engineering company, announced the launch of its AI-led Intelligent Underwriting Platform (AiUP), which will be “included in Google Cloud’s Industry Value Network (IVN) solutions and combines the power of Dociphi, Quantiphi’s intelligent document processing platform,” Unqork‘s codeless platform and Google Cloud’s… Read More

OurCrowd backed ThetaRay, the AI-enhanced Transaction Monitoring Tech Provider, Secures Additional Funding

ThetaRay, the AI-powered secure global payments with offices in New York, Madrid, London, Dubai and Tel Aviv, announced a significant growth round led by Portage, “with investments by existing investors JVP, OurCrowd and others.” The investment, totaling $57 Million, will enable ThetaRay “to accelerate global… Read More

HR Tech Provider Confirm Secures $6.2M via Series A to Remove “Subjectivity” from Performance Reviews

Confirm, the “first” platform to inject the science of Organizational Network Analysis (ONA) into performance reviews to help people leaders make fairer, faster, and data-driven talent decisions, announced that it has raised $6.2 million in Series A funding, bringing its total investment to $11.4 million…. Read More

Xero Introduces AI-enhanced Product Features, Improved Product Experiences Designed to Help SMBs

Xero recently announced new AI-powered product features and enhanced product experiences designed “to help small businesses and their advisors work smarter and more efficiently.” As noted in the update from Xero, the new innovations include: Enhanced AI-powered predictions in bank reconciliation and Xero Analytics Plus… Read More

Money Management: Fintech Magnifi Announces New Initiative Supported by Financial Professional Nicole Lapin

Money News Network and Magnifi announced a “first-of-its-kind” podcast, “Money Assistant,” hosted by financial expert Nicole Lapin and the voice of Magnifi’s AI-powered investing assistant. This collaboration promises to improve “the way listeners engage with personal finance, offering a fresh blend of human expertise and… Read More

Israel: AI21 Labs Secures $155m funding to Boost Generative AI Services for Enterprises

Artificial Intelligence (AI) and large language models (LLMs) company AI21 Labs has announced raising $155 million in Series C funding to fast-track the expansion of its “highly precised” text-based generative AI services for businesses. The Tel Aviv, Israel-based company said the funding round was backed… Read More

IBM, Salesforce Join Forces to Accelerate Adoption of Trustworthy AI

IBM and Salesforce have recently formed a partnership designed to help businesses worldwide accelerate the adoption of artificial intelligence (AI) for customer relationship management (CRM). This significant collaboration between two industry giants is expected to revolutionize experiences for customers, partners, and employees while also ensuring… Read More

Majority of Small Businesses Concerned AI Development, Adoption Is Outpacing Regulation

Research from Xero, the global small business platform, has revealed that 80% of small business owners are concerned AI development and adoption is “outpacing regulation, as generative AI tools permeate various industries and the workforce.” Xero’s Future Focus AI research “surveyed over 3,000 small business… Read More

Generative AI’s workplace impact analyzed by Robert Half survey

How strongly one embraces generative artificial intelligence (AI) in their workplace depends on how old they are and what type of workplace one has, new research from personnel agency Robert Half suggests. Overall, 41% believe generative AI will have a positive impact on their career…. Read More

UAE Government, Mastercard to Accelerate Adoption of Artificial Intelligence

Mastercard (NYSE:RSKD) has established a Global Centre for Advanced AI and Cyber Technology in Dubai. The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office and Mastercard signed a Memorandum of Understanding “to increase Artificial Intelligence (AI) capabilities and readiness in the region.” An… Read More

BNPL Sileon and Zorrz Finance Partner Up

Zorrz, a UK-based Fintech that has created an AI-powered tool for credit analysis, has partnered with BNPL Sileon. Sileon is based in Sweden and specializes in “card-based Buy Now Pay Later” offerings. Sileon is listed on the Nasdaq First North Growth Market and has approximately… Read More

AI Is Most Effective Method for Improving AML Processes, According to Research from Feedzai

AI [artificial intelligence] is the most effective method for improving anti-money laundering (AML) processes and efficiencies according to AML professionals, research from Feedzai, a provider of financial crime and risk management solutions Feedzai’s The State of Global Anti Money Laundering Compliance Report 2023 surveyed compliance… Read More

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