September 30, 2024
Cathie Wood's Ark Invest dumps Palantir stock amid S&P 500 inclusion and expanded AI alliance Benzinga and Yahoo Finance LLC may earn commissions or revenue from certain articles through the links below. Wednesday, the Cathie Bois-directed Ark Invest made a notable move by selling a significant portion of its stake in Palantir Technologies Inc. (NYSE:PLTR).
September 30, 2024
Businesses are outsourcing more finance and accounting functions to service providers, seeking tailored solutions with modern technology, according to the ISG Provider Lens™ report. STAMFORD, Conn., September 25, 2024-(BUSINESS FEED)-Companies have expanded their outsourcing of financial and accounting operations while demanding more specialized capabilities from vendors, according to a new research report released today by
September 30, 2024
California Governor Gavin Newsom has vetoed a first-of-its-kind state bill that could potentially enact the nation's most impactful artificial intelligence regulations. The measure, known as the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, would require security measures from companies that spend more than $100 million to train AI models. It aims to
September 30, 2024
Yahoo FinanceComment: AI enters a whole new dimensionWhat was hot in AI last week is already outdated… 14 hours ago
September 29, 2024
Visa Takes on Financial Crime: Acquires Specialized AI Fraud Feature Space, Bolstering Payment Security Visa Inc. (NYSE:V) shares are trading higher on Thursday. The company signed an agreement to acquire Feature space for an undisclosed amount. Featurespace is a developer of real-time AI payment protection technology that addresses fraud and financial crime risks. This acquisition
September 29, 2024
(Bloomberg) - BlackRock Inc. sees huge growth opportunities in Asia for infrastructure to support an artificial intelligence boom that is also driving demand for energy and water. Most read on Bloomberg “The need for data centers over the next five years will be double what currently exists in the markets,” Brad Kim, head of diversified
September 29, 2024
(Bloomberg) - Micron Technology Inc. will likely become the latest chipmaker to assure investors that demand for AI-related equipment is still strong. Like many of its peers, it can also admit that other core demand areas, such as PCs and smartphones, remain in the doldrums. Most read on Bloomberg The company is expected to report
September 29, 2024
(Reuters) - Britain's competition regulator said on Friday that Amazon's artificial intelligence partnership with startup Anthropic would not be further investigated because it did not fall within its remit. The Competition and Markets Authority said the partnership, which includes a $4 billion investment by Amazon in Anthropic, was not eligible for investigation under UK merger
September 29, 2024
Here are the takeaways from today's Morning Brief, which you can register to receive every morning in your mailbox accompanied by: The still-young history of generative AI is littered with grand predictions that it would be a transformative technology. But in recent months, skepticism has set in. The darling of generative AI, Nvidia, has bumped
September 29, 2024
Intel has delivered its latest data center processor and AI accelerator, demonstrating that it can deliver essential products to customers while battling historic financial setbacks that cloud its future. This week, Intel released its Gaudi 3 AI accelerator and top-performing Xeon 6 processor to server makers for delivery to customers. Intel provided product details in
September 28, 2024
Today we're joined by Bill Borden, Corporate Vice President, Global Financial Services at Microsoft, and Suzanne Dann, CEO Americas at Wipro. Together, they discuss their collaboration on leveraging Azure OpenAI to improve generative AI in finance. This partnership focuses on improving customer experience, streamlining processes and ensuring responsible AI practices in the financial industry. As
September 28, 2024
Channel Insider content and product recommendations are editorially independent. We may earn money when you click on links to our partners. Learn more. The creator of communications data and intelligence platform Smarsh and hyperscaler giant AWS have entered into a new five-year agreement that strengthens their initial partnership and commits to bringing automation and innovation
