Category: AI in Finance

London faces major job shifts as AI takes hold

London Faces Major Job Shifts as AI Takes Hold London, a global hub of commerce and innovation, is on the brink of significant changes in its job market as artificial intelligence (AI) continues to advance at a rapid pace. Analysts have sounded the alarm, cautioning that the city’s workforce may face a reduction in job […]

UK government AI tool recovers £500m lost to fraud

UK Government AI Tool Recovers £500m Lost to Fraud: A Game-Changer in Governance The UK government has recently unveiled a groundbreaking AI tool, the Fraud Risk Assessment Accelerator, which has successfully recovered a staggering £500 million lost to fraud. This innovative tool utilizes artificial intelligence to detect systemic weaknesses in the UK’s financial ecosystem, thereby […]

Behavioural AI could be the missing piece in the $2 trillion AI economy

Behavioural AI: The Missing Piece in the $2 Trillion AI Economy In the vast landscape of artificial intelligence, one particular branch is garnering significant attention from companies worldwide: behavioural AI. This innovative technology holds the promise of not only predicting but also influencing human decisions, paving the way for unparalleled business outcomes. As companies continue […]

Huawei highlights benchmark projects for AI digital innovation

Huawei Showcases Benchmark Projects for AI Digital Innovation In the realm of digital transformation, AI-driven initiatives have become the cornerstone for revolutionizing various sectors, including education, finance, and tourism. Huawei, a global leader in technology solutions, recently unveiled a series of benchmark projects that exemplify the power of artificial intelligence in driving innovation across these […]

First quantum-AI data centre launched in New York City

World’s First Quantum-AI Data Centre Launched in New York City In a groundbreaking move, a UK-US alliance has unveiled the world’s first quantum-AI data center in the bustling city of New York. This cutting-edge facility is set to revolutionize the way data is processed and secured, offering a game-changing solution for industries such as finance, […]

China unveils ‘world’s first’ brain-like AI that runs 100 times faster than rivals

China Unveils ‘World’s First’ Brain-Like AI That Runs 100 Times Faster Than Rivals Researchers at the Chinese Academy of Sciences’ Institute of Automation in Beijing have introduced a new artificial intelligence system that is poised to revolutionize the industry. This groundbreaking technology, touted as the ‘world’s first’ brain-like AI, operates a staggering 100 times faster […]

Econet brings smart tech to Zimbabwe Agricultural Show to support farmers

Econet Showcases Smart Agricultural Solutions at Zimbabwe Agricultural Show Econet, a leading telecommunications and technology company, is making waves at the Zimbabwe Agricultural Show (ZAS) by introducing cutting-edge smart technology to support local farmers. With a focus on bridging the gap between technology and agriculture, Econet’s presence at the show is marked by innovative solutions […]

This app lets you mine crypto right from your phone

Say goodbye to bulky mining rigs and technical hurdles! Introducing IOTA Miner—the revolutionary mobile cloud-mining app that lets you mine cryptocurrency right from your phone. In a world where digital currencies like Bitcoin and Ethereum are gaining momentum, the concept of mining has become increasingly popular. However, traditional mining methods require expensive equipment, technical know-how, […]

Study finds chain-of-thought reasoning in LLMs is a brittle mirage

Chain-of-Thought Reasoning in LLMs: A Brittle Mirage In the realm of artificial intelligence, Large Language Models (LLMs) have been hailed as groundbreaking innovations that have the potential to revolutionize various industries. These sophisticated systems, such as GPT-3 developed by OpenAI, have showcased remarkable capabilities in generating human-like text and responses. However, a recent study has […]

Quantum computing firm strengthens European presence

Quantum Computing Firm Strengthens European Presence Strangeworks, a prominent player in the quantum computing industry, has made a strategic move to bolster its presence in Europe. The company recently announced its acquisition of the German firm Quantagonia, a bold step towards expanding its operations across the continent. This acquisition not only signifies Strangeworks’ commitment to […]

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