Generative AI Financial News

31.07 / 05:55

Digital Google Platform Samsung AIG performer google ads generative AI Google Ads introduces auto-generated advertisement tool using generative AI

Google Ads platform, said Dan Taylor, vice president of global ads at Google. Using Large Language Models (LLMs) and generative artificial intelligence (Gen AI), Google Ads will be able to create campaign workflows based on business prompts given by marketers. «It learns from the advertisers landing pages, queries that are performing well and headlines that they've already approved to create entirely new creatives,» he said during his recent India visit.

27.07 / 07:01

UPS Digital Booking Software Enterprise show generative AI Generative AI will really help us to increase our business: Sanjay Lodha, Netweb Tech

«Around 50% of the customers are government and 50% are large corporate. And we see basically, the demand for our products and solutions is growing quite a lot,» says Sanjay Lodha, CMD, Netweb TechCongratulations, because it has been a pretty stellar listing. Just walk us through the outlook in terms of why there was a plan to list in the capital markets, and how you are looking to utilise these funds?Yes.

20.07 / 14:11

COST Platform Discover Intuit DISH recommendations generative AI Swiggy builds generative AI offering personalised recommendations

Swiggy is building generative AI-led solutions for its ecosystem of restaurants and delivery partners that will help in cutting down total operational cost. The Bangalore-based company’s neural search will offer personalised recommendations by understanding users' conversational and open-ended queries. The search feature is built using a Large Language Model (LLM), trained to understand terminologies related to dishes, recipes and restaurants, resulting in a more efficient search experience for consumers.

20.07 / 11:25

Provident Google Platform testing Threat generative AI Google's generative AI news writing tool undergoes testing, suggest report. Is journalism under threat from AI?

ChatGPT, Bing Chat, and Google Bard. Reportedly, the main purpose of this tool is to support news writers by helping them write news articles. Google also sees it as a personal assistant for journalists. As per the report from the publication, Google has developed an internal tool called Genesis, which is designed to train users in writing news articles by using current affairs data.

19.07 / 17:47

UPS Reuters Microsoft Google Apple generative AI Apple tests generative AI tools to rival OpenAI's ChatGPT - Bloomberg News

(Reuters) -Apple is working on artificial intelligence (AI) offerings similar to OpenAI's ChatGPT and Google's Bard, Bloomberg News reported on Wednesday, sending its shares up as much as 2% to a record high.

19.07 / 09:49

Provident Booking Microsoft Google CEO Racing open generative AI Meta's Llama 2: Why open-source LLMs are the joker in the generative AI pack

Leslie D'Monte The Generative AI race just got hotter with Meta releasing the second version of its free open-source large language model, Llama 2, for research and commercial use, thus providing an alternative to the pricy proprietary LLMs sold by OpenAI like ChatGPT Plus and Google Bard while giving a boost to open source LLMs. Developers began flocking to LLaMA--Meta’s open-source LLM that was released in February (https://ai.meta.com/blog/large-language-model-llama-meta-ai/). Researchers made more than 100,000 requests for for Llama 1, according to Meta.

18.07 / 12:43

COST Provident Oracle Enterprise NVIDIA Coherent generative AI McKinsey partners with startup Cohere to help clients adopt generative AI

McKinsey said it had struck a partnership with artificial intelligence startup Cohere in an effort to provide AI solutions to its enterprise clients. This is the first partnership with a large language model provider that McKinsey has announced as it joins other global consulting firms to tap into the global AI frenzy kicked off by the popular Microsoft-backed OpenAI's ChatGPT. «We are seeing our clients consider cost, IP protection and consumer privacy, and how the model is trained.

17.07 / 11:37

UPS Digital Extreme CEO Strategy Align generative AI How generative AI is actually affecting your job?

generative AI. This game-changing technology has already begun to change different industries, and its impact on the job market is evident.

16.07 / 18:33

FIVE Google Coherent generative AI Meta introduces generative AI model 'CM3leon' for text, images

Meta (formerly Facebook) has introduced a generative artificial intelligence (AI) model — "CM3leon" (pronounced like chameleon), that does both text-to-image and image-to-text generation. «CM3leon is the first multimodal model trained with a recipe adapted from text-only language models, including a large-scale retrieval-augmented pre-training stage and a second multitask supervised fine-tuning (SFT) stage,» Meta said in a blogpost on Friday.

13.07 / 15:57

generative AI Associated Press, OpenAI partner to explore generative AI use in news

Associated Press said on Thursday it had reached an agreement with OpenAI to share select news content and technology, as the two firms explore the use of generative AI in news products. The arrangement involves OpenAI licensing part of AP's text archive, while AP will leverage the ChatGPT-maker's technology, according to a statement, which added that AP does not use generative AI for its news stories.

13.07 / 15:43

COST UPS Provident FIVE Digital Software BURST generative AI The opportunities of generative AI outweigh challenges for India

When ChatGPT burst on the scene in November 2022, with 100 million users in the first two months, Generative AI went from niche to mainstream. That said, there is still a good deal of confusion about what generative AI is, what it does, and what it all means. In addition, the technology is evolving rapidly.

12.07 / 06:25

Reuters Amazon Microsoft NASDAQ Racing generative AI Generative AI comes to Nasdaq, winning over engineers

engineers and marketers at the stock exchange operator Nasdaq are embracing newer artificial intelligence, while its lawyers are treading more cautiously, its chief technology and chief information officer said on Tuesday. Inside Nasdaq, which also sells technology for global markets, workers across different departments are exploring how to use so-called generative AI, Brad Peterson said at the Reuters MOMENTUM conference in Austin. Like the viral chatbot, this technology can be prompted to produce text or other new content, based on past data.

12.07 / 04:35

COST UPS Amazon Google Racing Low generative AI Amazon banking on low-cost cloud computing to lead generative AI race

Amazon's cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and operate, the kinds of costs Amazon Web Services (AWS) is good at lowering, said Dilip Kumar, vice president overseeing its applications group. A potential boost is that the company, like Google, has proprietary chips for AI.

11.07 / 11:59

business regulation ChatGPT generative AI Report: China to tighten rules around releasing generative AI tools

The Chinese government is considering additional regulations on artificial intelligence (AI) development that emphasize content control and licensing.

10.07 / 13:33

Provident Digital Platform Gap Enterprise Intel generative AI DaveAI unveils its Virtual Avatar Generative AI pipeline

Bangalore (Karnataka) [India], July 10: DaveAI, an artificial intelligence platform that helps brands create personalized and immersive sales experiences powered by Virtual Avatars, unveiled its generative AI pipeline during the grand opening of its new office in Bangalore, India. DaveAI is one of the very first Indian companies to launch Virtual AI Avatars that are leveraged by brands like Maruti Suzuki India, Karnataka Bank, Kotak Mahindra Bank etc to improve their sales & customer experience. DaveAI's virtual avatars are powered by its proprietary AI sales brain which predicts affinities between customers and products.

06.07 / 14:29

Provident Microsoft Google Platform Enterprise TCS generative AI TCS to train 25,000 employees on Microsoft, OpenAI’s generative AI tools

New Delhi: India’s largest information technology (IT) services firm, Tata Consultancy Services (TCS), on Thursday said that it will train 25,000 engineers on generative artificial intelligence (AI) tools and services by AI research firm OpenAI, the makers of popular chatbot, ChatGPT. Generative AI services will be hosted and provided on Microsoft’s Azure cloud platform—thus making this offering available to its clients.

06.07 / 12:51

Provident Microsoft Platform Action Enterprise recovery generative AI Cyber Rubrik and Microsoft Announce Generative AI-Powered Cyber Recovery and Remediation

Rubrik, the Zero Trust Data Security™ Company, today announced a joint collaboration to integrate Rubrik Security Cloud with Microsoft Sentinel and Azure OpenAI Service to accelerate cyber recovery through the use of generative AI and Natural Language Processing (NLP). This integration will offer a truly actionable use of AI to reduce the time required to investigate and determine responses to cyber events, ultimately providing an overall boost in cyber resilience.According to the new Rubrik Zero Labs’ State of Data Security report, only 56% of IT and security leaders reported developing or reviewing an incident response plan in 2022.

03.07 / 16:51

UPS Provident Microsoft Platform Software Enterprise generative AI FOMO on Generative AI Breathes Life Into Listless Tech M&A

Booming demand for generative artificial intelligence is beginning to drive startup acquisitions in that space, as large technology providers vie for a piece of a suddenly captivating market. But the upswing could also help rekindle merger-and-acquisition business across the startup universe, analysts say.

03.07 / 14:15

Blockchain UPS Binance Booking Extreme Google generative AI Generative AI will disrupt blockchain too: Here’s how

Artificial intelligence (AI) isn’t just generating lots of content these days, but equally, lots of excitement too. The rise of ChatGPT has led to the rapid adoption of generative AI technology in numerous industries, helping to answer people’s queries, create fresh content, book appointments, draw pictures, assist coders and much more.

26.06 / 21:05

Technology Adoption Machine Learning Tech ChatGPT generative AI What is generative AI?

Generative artificial intelligence (AI), fueled by advanced algorithms and massive data sets, empowers machines to create original content, revolutionizing fields such as art, music and storytelling. By learning from patterns in data, generative AI models unlock the potential for machines to generate realistic images, compose music and even develop entire virtual worlds, pushing the boundaries of human creativity.

25.06 / 16:33

business Amazon Cloud Services generative AI Amazon to invest $100M in generative AI center: Report

Amazon's cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence.

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