Author: nripn

GRC 20/20’s latest research examines the role of AI in reshaping regulatory compliance within the financial services industry. Their report, titled “Delivering the AI ​​Enabled Regulatory Change Lifecycle,” provides a comprehensive analysis of The Ascent innovative AI-based compliance automation solution.Financial institutions are currently grappling with a wave of regulatory change. The report reveals a staggering increase in regulatory updates, which have doubled in the last five years. However, compliance teams are struggling to keep up due to stagnant capacity.The report highlights that most compliance teams are not adequately equipped to effectively manage the proliferation of regulatory changes. Challenges include inadequate…

THE fintech sectorespecially the world of cross-border digital paymentshas had its share of high-growth “unicorns” that approach their rise in business with the infamous “move fast and break things” mentality. The strategy is certainly doing a lot of damage and has recently left Some investors hold the piggy bank. But it worked well enough to become the dominant culture in Silicon Valley, where disruption is still very much in vogue. In other parts of the world, various fintech startups are equally, if not more, in demand by investors. Kimberly Ofori — a European venture capitalist focusing on impact businesses, or…

SoundHound AI, Inc. (SOUN) closed the most recent trading session at $4.97, up -0.8% from the previous trading session. This change lagged the S&P 500’s loss of 0.19% on the day. Meanwhile, the Dow Jones was up 0.09%, and the tech-dominated Nasdaq was down 0.36%.Shares of the company have gained 1.62% over the past month, outpacing the Computer and Technology sector’s loss of 0.09% and lagging the S&P 500’s gain of 2.06%.Analysts and investors will be closely watching SoundHound AI, Inc.’s performance when it next releases its earnings results. On that day, SoundHound AI, Inc. is expected to report earnings…

Saravutvanset | Bedroom | Getty ImagesAMSTERDAM — Enterprise payments startup Payhawk told CNBC it is planning mergers and acquisitions to expand its presence in the world of corporate expense management and take on big players like SAP.Bulgarian company Payhawk said it is looking to acquire one or more companies at the Series A stage of their development, referring to early-stage startups that have already raised a significant funding round.In an interview with CNBC, Hristo Borisov, Payhawk’s co-founder and CEO, said he believes his company has better “product-market fit” than its competitors, which have earned multibillion-dollar valuations by handing out free…

The Chinese leader artificial intelligence (AI) startups are looking to seize new opportunities in their field, following the preview of a new advanced series of large language models (LLM) – the technology supporting generative AI services – by ChatGPT Creator OpenAIaccording to the leaders of Alibaba Cloud’s Apsara Conference In Hangzhou.OpenAI o1previewed earlier this month by the Microsoft- a Microsoft-backed company, represents a pre-trained so-called generative transformer model, designed “to reason about complex tasks and solve more difficult problems than previous models in science, coding and mathematics,” according to the San Francisco-based company.”(OpenAI o1) is indeed of great importance,” Yang…

Clinicians’ Trust in AI Is ComplicatedThere is some reluctance to trust generative AI, but at the same time, clinicians don’t want to miss a diagnosis, says Dr. Antoine Keller,….2 days ago

Between September 16 and 21, 2024, no less than 24 startups Companies from diverse sectors have raised over $470 million in funding from investors. These sectors include Edtech, Fintech, NBFC, SaaS, Dating, Traveltech, Wellness, Healthcare, Food, and Infrastructure. Last week, Indian startups raised over $227 million in funding, with consumer tech unicorn InMobi alone raising $100 million. Unlike mergers and acquisitions, which typically do not disclose financial data, these funding rounds provide insight into sectors that are attracting growing investor interest. High value-added offers A wide range of sectors attracted investments during the week, with the edtech sector leading the…

We recently compiled a list of 10 Hot AI Stocks According to Goldman Sachs. In this article, we’ll take a look at where Alphabet Inc. (NASDAQ:GOOG) stands compared to other booming AI stocks.The Goldman Sachs Communacopia + Technology 2024 conference, held earlier this month, provided several important technology sector updates for investors, with a particular focus on innovation and financial growth in growth sectors. Key discussions focused on energy-efficient computing, artificial intelligence (AI), and advanced semiconductor technologies, which signal critical transformations in technology and telecommunications. At the conference, companies operating in the technology space presented their strategic outlooks, highlighting the…

SINGAPORE, LONDON, 10 July 2024 – CNBC, First in Business Worldwide, has named the world’s top fintech companies for the second year as part of its ongoing collaboration with Statista, a leading global provider of market and consumer data. From a pool of over 2,000 eligible companies, the list is categorized into eight different market segments: alternative finance, banking solutions, business process solutions, digital assets, financial planning, neobanking, payments and wealth management technology. For the first time, the list also highlights a CNBC “Editor’s Pick” for each category that stands out for its relevance or interest to news coverage. Editor’s…

(Bloomberg) — OpenAI has hired Leah Belsky, a former Coursera Inc. executive, to be its first chief education officer, leading the artificial intelligence startup’s efforts to bring its products to more schools and classrooms.Bloomberg’s most read articlesBelsky, who previously served as chief revenue officer of the online learning platform, will be tasked with strengthening OpenAI’s engagement with K-12, higher education and continuing education educators and students, the company said Wednesday. Belsky will also work internally with the startup’s product, policy, marketing and other teams on partnerships and sharing feedback from academia. After OpenAI launched ChatGPT in late 2022, the chatbot…