May 20, 2024
Crypto

DefiQuant Boosts Crypto Investor Support: Unveils 24/7

London, England, Jan. 31, 2024 (GLOBE NEWSWIRE) — DefiQuant, a front-runner in the cloud mining industry, is proud to announce a major enhancement to its customer service capabilities, providing round-the-clock support to crypto investors. This initiative is part of DefiQuant’s commitment to offer comprehensive support through every step of the investment journey, from novices just

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Banking

AI keyword usage has risen sizeably in banks: Patra – Digital Transformation News

Almost three-fourths of banks and several non-banking financial companies (NBFCs) have developed chatbots and virtual assistants, said Michael Patra, deputy governor, RBI. Delivering a keynote address at the SAARC Finance seminar, he said the usage of artificial intelligence (AI) related keywords in Indian banks has increased sizeably.“A survey conducted by the RBI at June-end 2023

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Finance

Hong Kong finance sector on pace in AI deployment, with data availability, security and skills gap among concerns: survey

Data availability and cybersecurity represent major challenges to the use of artificial intelligence (AI) in financial services, according to more than 60 per cent of Hong Kong financial professionals in a joint survey by PwC and the Hong Kong Trade Development Council. Hong Kong’s current pace of AI development in financial services is on par

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Investment

Longevity takes the spotlight with L’Oréal’s investment in Timeline

A spin-off of the École Polytechnique Fédérale de Lausanne (EPFL), Timeline was created in 2007 by Chris Rinsch (co-founder and Chairman) and Patrick Aebischer (co-founder and Chairman), to develop innovative solutions for longevity. According to a news release from L’Oréal, Timeline has “developed a proprietary molecule, Mitopure®, whose property is to recycle and rejuvenate mitochondria,

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Investors

How One Struggling Chip Company Benefited From Middle Eastern Investors’ AI Ambitions

illustration by angelica alzona for forbes; graphic by Natalja Cernecka/getty images As the U.S. restricts chip sales to the region over China concerns, California-based Blaize is planning to go public via a SPAC backed by Middle Eastern investors. By David Jeans, Forbes Staff For more than a decade, a California-based semiconductor company launched by Intel

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Finance

‘You need people with expertise in AI’: Finance Minister Nirmala Sitharaman talks AI and calls for financial literacy

Union Finance Minister Nirmala Sitharaman emphasised the need for a comprehensive integration of financial literacy within the educational curriculum during her address at A M Jain College. She advocated, “Teaching financial literacy was very important and it has to start early.” Expressing concern that financial literacy is presently imparted outside the academic framework, Sitharaman highlighted

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Investment

How ChatGPT And Billions In Investment Helped AI Go Mainstream In 2023

The hottest topic of 2023 was AI as billions of dollars in VC funding flowed into the sector and the industry grappled with critical questions about the technology’s place in society. getty 2023 was the year of AI. After ChatGPT launched in November 2022, it became one of the fastest growing apps ever, gaining 100

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Banking

Crypto-Related Searches on Google Loses Ranking to Keywords Around AI: Report

The global citizenry, this year, seemingly remained very dazzled by all things AI (Artificial Intelligence) — the Search trends on Google has indicated. Throughout the course of the year of 2023, Google searches around crypto, Bitcoin, and related-Web3 keywords did not rank high, losing spots particularly to AI-related keywords like ChatGPT. This dip in people’s

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Investors

Opinion: Chip giant Micron is becoming another AI play for investors

Published: Dec. 20, 2023 at 7:29 p.m. ET Micron Technology Inc.’s return to revenue growth last quarter as it recovers from the memory-chip downturn was in part due to the boom in AI-related chips, putting more of a spotlight on the chip maker as another potential AI investment. On Wednesday, Micron’s fiscal first-quarter results topped

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