artificial intelligence

In computer science, artificial intelligence, sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans.

Source: en.wikipedia.org

This Week in B2B: Declaring Independence From Paper-Based Payments
This Week in B2B: Declaring Independence From Paper-Based Payments
July 03, 2024  |  B2B Payments

When it comes to business-to-business (B2B) payments, every transaction is an adventure. That’s because B2B payments aren’t your straightforward stroll in the park. Unlike consumer...

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How the UN AI Resolution Could Reshape Commerce
How the UN AI Resolution Could Reshape Commerce
July 03, 2024  |  Artificial Intelligence

The United Nations General Assembly greenlit Monday (July 1) a China-sponsored, United States-backed resolution on artificial intelligence, signaling a potential sea change in global AI...

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Hawk Updates AI Platform to Enhance Financial Crime Detection
Hawk Updates AI Platform to Enhance Financial Crime Detection
July 03, 2024  |  artificial intelligence

Hawk’s artificial intelligence (AI)-powered anti-financial crime platform now includes additional capabilities for spotting risk by identifying links between data points. The company’s new Entity Risk...

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Sanctuary AI Marks $140 Million in Funding for ‘Humanlike’ Robots
Sanctuary AI Marks $140 Million in Funding for ‘Humanlike’ Robots
July 03, 2024  |  artificial intelligence

Canada’s Sanctuary AI has landed new funding to create “humanlike intelligence in general purpose robots.” The unspecified funding amount, announced Wednesday (July 3), came from venture...

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Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
July 03, 2024  |  Investments

European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is...

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AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024  |  Artificial Intelligence

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return...

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Tech Firms Caution Investors About AI-Related Risks
Tech Firms Caution Investors About AI-Related Risks
July 03, 2024  |  artificial intelligence

A growing number of tech firms are reportedly cautioning investors about risks related to their efforts in artificial intelligence (AI). At least a dozen major...

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UN: China Leads World’s GenAI Patent Race
UN: China Leads World’s GenAI Patent Race
July 03, 2024  |  Artificial Intelligence

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than...

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Apple Reportedly Gains Observer Seat on OpenAI Board
Apple Reportedly Gains Observer Seat on OpenAI Board
July 03, 2024  |  Apple

Apple is reportedly taking an observer position on new artificial intelligence partner (AI) OpenAI’s board. This new role came as part of last month’s deal...

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