Europe’s markets regulator is warning about potential dangers of artificial intelligence (AI) use by investment firms. The European Securities and Markets Authority (ESMA) issued guidance Thursday (May 30) for companies using AI when providing investment services to retail clients. “When using AI, ESMA expects firms...
During the short time that generative artificial intelligence (GenAI) applications have been available, they have “entered the workforce as collaborators,” OpenAI Chief Technology Officer Mira Murati said Thursday (May 30). Addressing the Asia Tech X Singapore conference via video, Murati said the technology is increasingly being adopted...
Artificial intelligence (AI), when applied correctly and responsibly, has the potential to transform industries. After all, wherever there exist rote and repetitive administrative tasks, there exists the opportunity for algorithmic rigor to unlock new efficiencies. And in the intricate world of healthcare, where hospital systems...
According to our recent “C(AI)O Report: High Impact, Big Reward: Meet the GenAI-Focused CFO,” six in 10 CFOs say generative AI (GenAI) is the greatest innovation of our time. Not “one of the greatest;” but the greatest. The report, which is based on surveys PYMNTS...
French artificial intelligence (AI) startup Mistral AI is rolling out generative AI (GenAI) software capable of generating computer code. Codestral, as the model is called, is trained on a dataset of over 80 programming languages, including Python, Java, C, C++, JavaScript and Bash, Mistral AI...
The OpenAI board members who fired Sam Altman in November 2023 reportedly did so because, “We just couldn’t believe things that Sam was telling us.” So said one of those people, former OpenAI board member Helen Toner, while speaking on a podcast called The TED...
Faircado has raised €3 million (about $3.3 million) to continue building its artificial intelligence (AI)-powered reCommerce platform. “Faircado exists to empower every consumer to buy better — for their wallet and for the planet — by easily switching from buying new to buying secondhand,” the...
Financial reporting solutions firm Caseware International is unveiling a digital assistant. Called Caseware AiDA, the artificial intelligence (AI)-enabled software is being introduced on a prelaunch basis, Caseware said in a Tuesday (May 28) news release. AiDA works with Caseware’s suite of solutions for accounting, audit...
Despite public concerns about the potential for cyberattacks powered by artificial intelligence (AI), criminals have been slow to fully embrace the technology, according to a new report from cybersecurity firm Trend Micro. Eight months after the company first reported on criminals using generative AI, an...
