January 6, 2025
Healthcare Finance NewsThe rubber hits the road for AI in 2025The coming year will show where practical use cases for AI in healthcare will be, say HIMSS Media brands editors…. 46 minutes ago
January 6, 2025
The US stock market ended 2024 on a high note, with the benchmark index S&P500 index up 23.3%. This follows its 24.2% rise in 2023, so overall the S&P is up 53.2% since 2022 – one of its best two-year stretches of the 21st century. It is undeniable that technological stocks, particularly those linked to
January 6, 2025
Cerence Inc., an AI voice technology company serving the automotive industry, has announced a partnership with Nvidia. The partnership involves improving the Large Language Models (LLMs) that the company uses in in-vehicle voice assistance technology. The stock rose as much as 70% in the first hour of trading. Cerence Inc. was formed in 2019 after
January 6, 2025
Data analysis expert BigBear.ai (NYSE:BBAI) has soared in 2024. On New Year's Eve morning, the stock was up 128% in 52 weeks. Inquiring minds (and growth-hungry investors) want to know if the gains can continue into 2025 and beyond. So let’s take a look at BigBear.ai and its growth prospects. Is this a great artificial
January 5, 2025
(Bloomberg) - Microsoft Corp. plans to spend $80 billion this fiscal year to build data centers, underscoring the intense capital needs of artificial intelligence. Most read on Bloomberg More than half of that projected spending through June 2025 will be in the United States, Microsoft President Brad Smith wrote in a blog post Friday. Recent
January 5, 2025
KoBold Metals, the US-based mining startup backed by billionaires Bill Gates and Jeff Bezos, has raised $537 million in a Series C funding round. Led by the Durable Capital Partners and T. Rowe Price funds, this investment values KoBold at $2.96 billion. This funding will accelerate exploration for minerals such as copper, lithium and nickel,
January 4, 2025
Stay informed with free updates Simply register at Cybersecurity myFT Digest – delivered straight to your inbox. Business executives are facing an influx of hyper-personalized phishing scams generated by artificial intelligence bots as rapidly developing technology facilitates advanced cybercrime. Leading companies such as UK insurer Beazley and e-commerce group eBay have warned of a rise
January 4, 2025
On December 19, the U.S. Department of the Treasury issued a report summarizing the key findings of its 2024 Request for Information (RFI) on the uses, opportunities and risks of artificial intelligence (AI) in financial services. The report notes the growing prevalence of AI, including generative AI, and explores the opportunities and challenges associated with
January 4, 2025
Listen and subscribe to Opening Bid at Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. The big hitters are clamoring for market share from chipmaker and artificial intelligence wunderkind Nvidia (NVDA), but they face an uphill battle. “(An Nvidia chip) is not just a chip,” the Bank of America analyst said. Vivek
January 3, 2025
IBMWhat is artificial intelligence (AI) in finance?AI in finance is the use of technology, including advanced algorithms and ML, to analyze data, automate tasks, and improve decision-making decision in the financial field….1 week ago
January 3, 2025
When thinking about chargebacks, it's easy to assume that it's only a problem for retailers, especially online merchants who face high volumes of online fraud. Yet chargebacks are also a growing problem for financial institutions (FIs). In recent years, financial institutions have taken on significant responsibilities related to transaction disputes and handling chargebacks, functions that
January 3, 2025
(Bloomberg) - Ibiden Co., the dominant supplier of chip package substrates used in Nvidia Corp.'s advanced semiconductors, may need to accelerate the pace of increasing its production capacity to meet demand , according to its general director. officer. Most read on Bloomberg Sales of the 112-year-old company's AI substrates are robust, with customers buying everything
