Tag: AI

Generative AI has taken the world by storm in just a matter of months. As companies look to assess whether the technology could transform their operations, will wealth management become a natural home for it?

The rise of AI has been an ongoing and slow-burning process for a number of years now. While the technology is disruptive by nature, the recent introduction of ChatGPT by OpenAI has taken the world by storm.   

SESAMm, which develops natural language processing (NLP) technology for global investment firms, has raised $37m for its Series B2 funding round.

While natural language processing (NLP) solutions are helping financial services extract valuable insights from unstructured data, Aveni warns there is the need for human-in-the-loop (HITL).

Quantexa, a developer of decision intelligence (DI) solutions, has acquired Ireland-based Aylien, which builds NLP and advanced AI tools for data to collect, analyse and understand unstructured data.

Robin AI, a generative AI startup, has scored $10.5m in a funding round headed by investor Plural.

NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.

AI technology has taken the world by storm. While the technology can do wonders to improve compliance processes, myths surrounding AI’s use have gained weight and forced many to reconsider using it.

Talk of artificial intelligence was once an exciting prospect. The idea of bringing a hallmark of sci-fi fantasies into the real world sparked a lot of enthusiasm. While systems might not quite be on the same level as HAL from 2001: A Space Odyssey, the technology has brought a lot of changes to how businesses operate.

Vic.ai, an AI accounting firm, has landed $52m in a Series C investment round led by GGV Capital and ICONIQ Growth.