Tag: Generative AI

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.

Japanese technology giant Fujitsu is set to trial the use of Generative AI (GenAI) across its banking operations.

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 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, 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 has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.

Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.

Amazon has launched a new set of generative AI tools that will assist sellers with writing product descriptions.