Tag: Generative AI

Position Green, the largest independent sustainability partner in the Nordic region and a pioneer in ESG transformation, is taking a significant stride towards reshaping ESG reporting with its innovative AI Analyst feature.

Unless you’ve spent the past year under a rock, you’ll be aware of the excitement for generative AI. While many have used the technology to write emails, do homework or create CVs, generative AI could be one of the most transformative technology stacks to businesses. Laila Beane, the chief marketing officer at IntellectAI, the insurtech and wealthtech brand of Intellect Design Arena, recently delved into generative AI’s impact on insurance.

Cambridge-based FinTech Unitary AI has announced a substantial Series A funding round, amounting to $15m.

The European Central Bank is exploring the use of ChatGPT-like large-language models for document analysis and software testing.

France’s Mistral AI has announced its first Generative AI model to compete with US leaders in the space.

Tradition is something to be honoured, but not at the expense of progress. In recent years insurance carriers have moved away from paper forms, and instead implemented digitalisation throughout their product. But there is more to come. In particular, the digital transformation of underwriting still remains a key headache.

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.

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, 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.

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.