News
Google Goes Nuclear: Partnering with Kairos Power for AI Energy
Google Features Kairos Power Partnership for AI-Powered Clean EnergyGoogle is making significant strides in advancing clean energy, particularly with next-generation technologies. Recently, it became the first company to sign an agreement to acquire nuclear energy...
Reddit Stock Surges Following Partnership with OpenAI
Shares of Reddit (RDDT.N) rose 14% on Friday after the announcement of a partnership with artificial intelligence firm OpenAI. This collaboration is anticipated to enhance user experience on the social media platform with AI-driven features and attract increased...
UK Startup Secures $1 Billion Funding for Self-Driving Car Technology
Wayve Technologies, a UK-based firm specializing in artificial intelligence (AI) technology for autonomous vehicles, has successfully raised $1.05 billion (£840 million) in funding. Leading technology companies such as Microsoft and Nvidia are among the investors...
J.P. Morgan Chase Unveils AI-Enabled Thematic Investing Tool
J.P. Morgan Chase has introduced a pioneering artificial intelligence-driven solution tailored for thematic investing, marking a significant advancement in harnessing state-of-the-art technology for investment strategies. The newly revealed tool, IndexGPT, leverages...
Oracle Unveils AI-Driven Cloud Solution for Enhanced Financial Crime Detection in Banking Sector
With the rise of digital transactions and the increasing complexity of financial crimes, banks are under immense pressure to enhance their capabilities in detecting and preventing illicit activities. Oracle's new AI-driven cloud solution, the Compliance Agent,...
The Growth of the IT Outsourcing Market
Advancements in technology have played a crucial role in the growth of the IT outsourcing market. With the rapid development of new technologies, businesses are constantly seeking innovative solutions to stay competitive. However, keeping up with the latest...
The Rise of Generative AI in Banking
One area where generative AI is making a significant impact in banking is customer service. Traditionally, banks have relied on call centers and customer service representatives to handle customer inquiries and resolve issues. However, with the advancement of...