Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

(source: en.wikipedia.org)

OpenAI Overhauls AI Safety Efforts, Races to Develop ChatGPT Successor
OpenAI Overhauls AI Safety Efforts, Races to Develop ChatGPT Successor
May 28, 2024  |  Artificial Intelligence

OpenAI, the company behind ChatGPT, is making changes. The company formed a new Safety and Security Committee to guide its board on AI safety and...

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Pay-by-Bank Solutions Signal New Era of Payments
Pay-by-Bank Solutions Signal New Era of Payments
May 28, 2024  |  Payments Innovation

Solutions in search of problems rarely scale — something especially true when it comes to payments, where the focus remains on enhancing user experience and efficiency. With...

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European Data Protection Authorities to Investigate OpenAI’s ChatGPT
European Data Protection Authorities to Investigate OpenAI’s ChatGPT
May 24, 2024  |  Regulation

A task force of the European Data Protection Board (EDPB) released a report that will guide member countries’ data protection authorities (DPAs) as they investigate OpenAI’s chatbot, ChatGPT. The report provides preliminary...

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Real-Time Transactions and Regulations Continue to Shape Payments
Real-Time Transactions and Regulations Continue to Shape Payments
May 24, 2024  |  Real-Time Payments

When it comes to payments innovations, banks and payment companies have held up their end of the deal. Instant payments, pay-by-bank, digital wallets, artificial intelligence and...

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New Backing Helps Elon Musk’s xAI Raise Nearly $6 Billion
New Backing Helps Elon Musk’s xAI Raise Nearly $6 Billion
May 23, 2024  |  Investments

Elon Musk’s artificial intelligence startup, xAI, reportedly secured new backing that puts it close to a $6 billion funding round. The round would value xAI at...

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Tech Giants Aim to License Hollywood Content for AI Models
Tech Giants Aim to License Hollywood Content for AI Models
May 23, 2024  |  Artificial Intelligence

Alphabet, Meta Platforms and OpenAI are reportedly in talks with Hollywood studios to license content for their artificial intelligence video generation software. The companies are developing technology that can create realistic...

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Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
May 23, 2024  |  Cryptocurrency

In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for...

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Google Debuts Tool to Help Put AI Products Into Production
Google Debuts Tool to Help Put AI Products Into Production
May 23, 2024  |  Artificial Intelligence

Google Cloud has a new offering that it said can help customers’ artificial intelligence prototypes flourish. Generative AI Ops comes as Google Cloud clients are increasingly moving...

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Payments Speed and Security Acceleration Driven by Behavioral Expectations
Payments Speed and Security Acceleration Driven by Behavioral Expectations
May 23, 2024  |  Payments Innovation

The future of payments won’t be built overnight. But progress is being made almost every single day. Technology is reshaping every facet of business. The pursuit...

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