November 28, 2024
Following the successful development of InvestLM – Hong Kong's first open source large language model (LLM) for generative financial AI (GenAI) applications, the School of Business and Management at the University of Science and Technology of Hong Kong (HKUST Business School) has just launched the generative AI platform InvestLM, which will be gradually opened for
November 28, 2024
Automotive News Capital One executive raises concerns about AI fraud in auto finance industry. Auto finance scammers are deploying generative AI to create fake driver's licenses or using templates to send millions of phishing emails… 13 hours ago
November 28, 2024
News: representative Maxine Waters (Calif.), the top Democrat on the House Financial Services Committee, will today release a bill to improve transparency of artificial intelligence products used in financial services. The invoice, that you can read here, would direct several federal regulators to study the use and origins of AI products used by financial companies.
November 28, 2024
Dell Technologies (DELL) stock fell as much as 12% Wednesday morning after the company took a cautious approach in its forecasts for investors, while warning that AI's growth "will not be linear." “AI is a solid opportunity…and interest in our portfolio is at an all-time high with no signs of slowing down,” Dell Chief Operating
November 28, 2024
Markets and Markets Research Pvt. Ltd. Delray Beach, Florida, November 21, 2024 (GLOBE NEWSWIRE) - The world AI in the financial market size is expected to grow at a CAGR of 30.6% during the forecast period from USD 38.36 billion in 2024 to USD 190.33 billion by 2030, according to a new report by MarketsandMarkets™.
November 27, 2024
(Bloomberg) - Uber Technologies Inc.’s workforce in the gig economy now includes programmers. The company is expanding beyond its ride-hailing roots to enter a hot new market: helping other companies outsource some of their artificial intelligence development to independent contractors. Most read on Bloomberg Its new AI training and data labeling division, called Scaled Solutions,
November 27, 2024
Automotive News The auto finance industry needs to be careful when using AI tools, experts say. AI is proliferating throughout the auto finance industry. But so far there has been little direct government regulation of the new…23 hours ago
November 27, 2024
Photo: Laurence Dutton/Getty Images Mount Sinai Health System in New York is adopting artificial intelligence with the recent announcement opening of the Hamilton and Amabel James Center for Artificial Intelligence and Human Health, dedicated to the research and development of AI tools and technologies. The interdisciplinary center will combine AI with data science and genomics
November 27, 2024
In Elon Musk's world, AI is the new MD. THE X The owner encourages users to upload their medical test results, such as CT scans and bone scans, to the platform so that Grok, X's artificial intelligence chatbot, can learn to interpret them effectively. “Try submitting X-rays, PET scans, MRIs, or other medical images to
November 27, 2024
JPMorgan CEO Jamie Dimon rejects doomsday predictions about what AI means for humanity, instead explaining how he sees the technology dramatically improving businesses and their employees' work-life balance. Even Dimon—a staunch defender of long-established career standards, such as work hardbe prepared for everything, and work in the office— claims that future generations of employees could
November 27, 2024
(Bloomberg) - A Texas land company founded in the Wild West era more than a century ago is becoming an unlikely beneficiary of the market's euphoria over artificial intelligence. Most read on Bloomberg Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market
November 27, 2024
NVIDIA (NVDA) developed a new type of artificial intelligence model that can create sound effects, change the way a person sounds, and generate music using natural language messages. Called Fugatto, or Foundational Generative Audio Transformer Opus 1, the model is a research project. Nvidia says it isn't announcing any plans to commercialize the technology, but
