Tag: Generative AI
Crediverso clinches $3.5m to democratise legal access for underserved groups
Crediverso, the bilingual consumer tech platform focusing on providing financial and educational resources to overlooked communities, today disclosed the receipt of an impressive $3.5m in a pre-series A investment round.
The future of underwriting: IntellectAI’s triumph with generative AI models
Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.
NatWest Group and AWS bolster partnership for AI-driven financial wellbeing
NatWest Group, a leading relationship bank committed to aiding people, families, and businesses in their financial growth, has announced an enhanced partnership with Amazon Web Services, Inc. (AWS), a global giant in cloud computing and AI solutions.
Hokuriku and Hokkaido Bank tap into generative AI with Fujitsu
Fujitsu, a leading global digital services company, and Hokuhoku Financial Group, a prominent financial institution comprising of several subsidiaries and affiliates, have announced a pioneering collaboration.
Fujitsu trials GenAI for Japanese banks
Japanese technology giant Fujitsu is set to trial the use of Generative AI (GenAI) across its banking operations.
Tether commits to AI strategy with €400m NVIDIA chip purchase
Tether has committed to its strategy investing into AI technologies by purchasing over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400m.
Amazon gives Alexa a generative AI boost
Amazon has announced they will be giving their virtual assistant ‘Alexa’ an injection of a new Generative AI model as the AI race between tech giants continues.
Writer lands $100m to bolster GenAI technology
Writer, an enterprise-focused AI platform, has recently landed $100m in a Series B investment round, as it looks to fund the development of its Generative AI (GenAI) technology.
Planck launches game-changing GenAI-enhanced underwriting tool
Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.
Evident launches generative AI solution to assist risk managers
Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.