AI chatbot maker OpenAI anticipates it will generate $1 billion in revenue by 2024. That’s according to a report Thursday (Dec. 15) by Reuters, citing information from a trio of sources with knowledge of the company’s pitch to investors. One source said the company —...
Companies like Unilever are driving innovation in the ice cream business. As part of the U.K. firm’s latest freezer innovation, artificial intelligence (AI) is helping to optimize the ice cream supply chain by automating restock orders and providing real-time demand intelligence, with the goal of...
Abu Dhabi regulators are embracing digital technologies to streamline doing business in the Emirate. Last month, for example, the Abu Dhabi Department of Economic Development launched a digital platform connecting free zones known as the e-link in order to make doing business in the Emirate...
As loosely defined as artificial intelligence may be, the technology’s impact may be even bigger. The gray area surrounding what, exactly, AI is or could be, has largely captured the public imagination. Think all things science fiction, robots coming for jobs, the infamous singularity moment...
Deutsche Bank has partnered with NVIDIA to accelerate the use of AI in financial services. The partnership, which was announced on Wednesday (Dec. 7), is intended to promote the development of regulatory-compliant AI-powered services, Deutsche Bank said in a press release. It added that NVIDIA...
Field support engineers at industrial enterprises can now enlist the help of deep learning, natural language processing (NLP) and computer vision while troubleshooting issues in real time. With the new Quark.ai Workflow Automator from autonomous support platform Quark.ai, field support engineers can get step-by-step instructions...
In the age of global commerce, gauging supply chain risk is the business world’s version of playing “six degrees of Kevin Bacon.” If it’s a truism that all people in Hollywood are only a few film credits away from the Footloose star, it’s not a...
IT services and talent management company NAM Info has entered the artificial intelligence (AI) space with the debut of an accounts payable (AP) and Accounts Receivable (AR) AI co-worker. According to a Saturday (Oct. 29) news release, the product — dubbed APAR — was developed...
Indian fintech Clear has debuted Clear Capture, an AI-based end-to-end solution to let companies streamline their payments processes and automate invoices, a press release said. It will let accounts payables teams work on automating the purchase invoice entry, detecting fraud easier. Clear Capture will allow...
