Artificial intelligence

90 articles tagged with this keyword


OpenAI, Google pledge to build responsible AI

OpenAI and Google are among dozens of tech companies signing open letter pledging to build ethical AI.


BofE plans cloud-based data platform and AI pilots

The Bank of England is building out a cloud-based data and analytics platform after an independent review found "nervousness" in adopting the technology.


Theia Insights raises $6.5m to bring AI to investment community

A former Amazon Alexa scientist has raised $6.5 million for a startup vowing to bring foundational AI to the global investment community.


NextGen Nordics 2024: 40+ banks registered to attend

NextGen Nordics returns to Stockholm on 23rd April, and at seven weeks away from the event day, 200 attendees have already registered.


Microsoft launches AI-powered Copilot for Finance

Microsoft has launched Microsoft Copilot for Finance, an AI-driven workplace automation service that is part of Microsoft 365, joining Copilot for Sales and Copilot for Service in the Microsoft Copilot suite.


Klarna's AI chatbot does the equivalent work of 700 full-time humans

Klarna says its OpenAI-powered chatbot is doing the equivalent work of 700 full-time agents after its global launch last month.


Treasury management fintech Embat raises €14.7 million

Madrid-based treasury management startup Embat has raised €14.7 million in a Series A funding round led by Creandum, an early backer of fintech success stories Trade Republic, Klarna, iZettle and Pleo.


Nvidia's earnings soar as AI hits the mainstream

Nvidia has announced the company’s financial results for the fourth quarter that reported a revenue of $22.1 billion, 22% higher from Q3 and 265% increased from last year.


Napier AI lands £45 million in funding

UK financial crime RegTech Napier AI has landed £45m in backing from US-based Crestline Investors.


How Westpac is using Generative AI to speed up software development

Westpac has trained 800 engineers on the use of generative AI tools to speed up software development.


NextGen Nordics 2024: What to expect from this year's conference

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics, and much more.


Nigeria's Carbon buys Vella Finance for AI-powered business banking

Nigerian digital bank Carbon has acquired Vella Finance for the launch of an AI-powered platform for SMEs. Financial terms were not disclosed.


PayPal invests in conversational AI firm Rasa

PayPal Ventures has co-led a $30 million Series C funding round for generative conversational AI platform Rasa.


Revolut launches AI-based scam detection feature

Revolut has launched an AI-powered anti-scam feature to protect customers from falling victim to authorised push payment fraud.


Sibli raises $4.5m for AI-powered investment research

Sibli, a startup using AI to help asset managers in the investment research process, has raised $4.5 million in seed funding.


GitHub CoPilot gives ANZ engineers productivity boost

Software engineers at ANZ Bank saw a "notable boost" in productivity and code quality when using the GitHub Copilot AI tool.


NextGen Nordics 2024: Agenda to cover AI, Buy Now Pay Later, data privacy and Request to Pay

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.


Visa, Mastercard, JP Morgan, Citi among companies to attend US AI Safety Consortium

As part of the Biden Administrations efforts to regulate AI, over 200 organisations have agree to attend the US AI Safety Institute Consortium (AISIC), including Nvidia, OpenAI, Apple, JP Morgan, and Amazon.


JPMorgan Chase dominates AI research in banking

JPMorgan Chase has consolidated its reputation as an AI research powerhouse, according to new data from benchmarking platform Evident.


Banks migrate from mainframes to AI-driven cloud tech

Generative AI is decisively facilitating the transition of banking applications to the cloud, according to nearly two thirds of industry players surveyed by NTT Data.