May 2, 2024
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Investment

Bennet Investment Limited Embraces Artificial Intelligence To Identify Trillion-Dollar Opportunities

  • February 12, 2024

WAN CHAI, Hong Kong, Feb. 12, 2024 /PRNewswire/ — Bennet Investment Limited, a leading player in the financial and investment industry, proudly announces a ground-breaking initiative to integrate Artificial Intelligence (AI) into its investment strategies, aiming to identify and capitalize on trillion-dollar companies. Recognizing the transformative power of AI in the financial landscape, Bennet Investment

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Funds

Sam Altman In Talks To Raise Funds For Chips, AI Initiative: Report

  • February 9, 2024

The project could require raising as much as $5 trillion to $7 trillion OpenAI CEO Sam Altman is in talks with investors, including the UAE, to raise funds for a tech initiative to boost the world’s chip-building capacity and expand its ability to power AI, among other things, the Wall Street Journal reported on Thursday.

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Finance

UN’s Usher highlights financing challenge for companies in green transition

  • January 31, 2024

Greenwash activists take part in the final day of four days of The Big One climate protest activities organised by Extinction Rebellion (XR) on 24 April 2023 in London, United Kingdom. Mark Kerrison | In Pictures | Getty Images The head of the United Nations Environment Programme Finance Initiative believes there is still a “real

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Banking

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

  • January 30, 2024

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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Banking

Rethinking SEO Strategies for 2024

  • January 26, 2024

The Gist Intent over keywords. SEO now prioritizes user intent and context over traditional keyword density. Multiplatform focus. Effective SEO strategies require a presence beyond Google, embracing diverse digital platforms. User experience key. Optimizing for user experience, like Core Web Vitals, is crucial for modern SEO success. SEO is transforming, again, with evolving SEO strategies!

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Finance

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

  • January 24, 2024

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

Google CEO Warns AI Investment Will Mean More Job Cuts: Report.

  • January 18, 2024

Google-parent Alphabet is set to cut more jobs in order to make space for investment in artificial intelligence. Alphabet CEO Sundar Pichai said some teams would need to eliminate roles in order to “create the capacity” for investment in promising areas such as artificial-intelligence, CNBC reported, citing an internal memo. That could be… Google-parent Alphabet

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Finance

Gensler sounds AI finance alarm

  • January 17, 2024

SEC Chair Gensler warns of AI ‘monoculture’ financial risks Securities and Exchange Commission (SEC) Chair Gary Gensler says a centralized artificial intelligence (AI) market with just a handful of models that financial actors rely on could lead to a fragile financial system. Gensler, speaking in a virtual fireside chat hosted by Public Citizen, said he

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Crypto

AI takes over WEF’s main area pushing crypto aside

  • January 15, 2024

Companies touting their artificial intellgience products dominated the Promenade, the main road in Davos. In past years at the World Economic Forum annual meeting, cryptocurrency firms were the most prominent down the Promenade. But AI fever has taken over in 2024. Arjun Kharpal | CNBC This shift underscores the rapid rise in AI investments and

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Finance

What will shape finance this year?

  • January 8, 2024

When ChatGPT burst into the public consciousness in early 2023, financial services firms initially reacted by banning their employees from using it. A year later, many executives are heralding generative AI as transformative for their business. AI as a key theme for 2024 may seem obvious. But what are the other trends that will affect

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