July 22, 2024
QIB Adds Request to Pay to Instant Payments Service

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. The new feature, announced Monday (July 22), lets customers request a payment from a registered user on its...

July 22, 2024
Mistral and Nvidia Bring AI to Local Machines

Mistral AI and Nvidia have introduced Mistral NeMo, an artificial intelligence (AI) model designed to bring advanced AI capabilities to standard desktop computers, widening access for large and small businesses....

July 22, 2024
Amazon Calls for Development of Global Rules for Responsible AI

A year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments to manage the risks posed by artificial intelligence (AI), Amazon said there is a need...

July 22, 2024
Cohere ‘Not Chasing AGI’ as AI Startup’s Value Hits $5...

AI startup Cohere has been valued at $5.5 billion following a new funding round. As Bloomberg News reported Monday (July 22), this $500 million round brings Cohere’s total funding to $970 million. According to...

July 22, 2024
Musk: Tesla Will Have In-House Humanoid Robots in 2025

Tesla will begin using humanoid robots next year, according to CEO Elon Musk. “Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and,...

July 22, 2024
AI Explained: Reinforcement Learning and How It Shapes Commerce

At a bustling Amazon warehouse, robots weave through aisles, selecting items for shipment with increasing speed and accuracy. These aren’t pre-programmed machines but artificial intelligence (AI)-driven systems constantly learning and...

July 22, 2024
Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals

As budget-strapped consumers seek deals to help alleviate the financial burden of their back-to-school shopping, brands are rolling out lower-priced and/or discounted goods to win over these customers. On Thursday...

July 22, 2024
Meta Expands Business Subscription Program to India

Meta said it is expanding its business subscription program to users in India. The tech giant last year introduced Meta Verified for businesses on Facebook and Instagram, and recently began offering subscriptions for...

July 22, 2024
Fending Off Fraud in Digital Banking

Fraud’s continued predation of digital banking has been nothing short of alarming. Financial institutions (FIs) are exhausting millions in a determined bid to stay one step ahead, with trust, money...