artificial intelligence

artificial intelligence
Tech Firms Pursue AI Chatbots to Bridge Global eCommerce Divide
September 03, 2024

Technology giants are racing to develop sophisticated, multilingual artificial intelligence (AI) chatbots for cross-border eCommerce and could reshape how businesses engage with international customers.  Google’s recent expansion of its Gemini AI in India exemplifies the industry’s focus on multilingual capabilities. It’s one of many companies...

artificial intelligence
AI Data Mining Uses Machine Learning to Glean Insights
September 03, 2024

In an era where data is often called the new oil, artificial intelligence (AI) is the tool extracting valuable insights from vast digital reserves. AI-powered data mining, a technology at the intersection of machine learning and big data analytics, is reshaping industries and driving decision-making...

artificial intelligence
Lloyds and Cleareye Launch AI-Centric Trade Finance Partnership
September 03, 2024

Lloyds Bank has launched a collaboration with artificial intelligence (AI) platform Cleareye.ai. The partnership, announced Tuesday (Sept. 3) and said to be the first of its kind in the U.K., will use AI to streamline processing and compliance checking for trade finance documentation. The effort...

artificial intelligence
Tinder and Other Dating Apps Test AI ‘Wingman’ Concept
September 01, 2024

Would you trust AI to act as your wingman/wingwoman out in the dating world? Online dating apps like Tinder, Grindr and Bumble certainly hope so, according to a report Friday (Aug. 30) by the Financial Times (FT), which said these companies are building/testing artificial intelligence...

artificial intelligence
AI Firms’ ‘Free Lunch’ Runs Out Amid Wave of Lawsuits
September 01, 2024

Artificial intelligence (AI) companies have reached the far borders of the “data frontier.” That’s according to a report Saturday (Aug. 31) by the Financial Times (FT), which noted that this issue is making things worse as AI firms face a wave of copyright lawsuits and...

artificial intelligence
What’s Next as California Signs Landmark AI Safety Bill
August 30, 2024

California’s newly passed artificial intelligence (AI) safety bill could dramatically alter the landscape of AI development and deployment, with far-reaching implications for tech giants, eCommerce platforms and startups alike as the industry grapples with stringent new regulations aimed at mitigating AI risks. The legislation, known...

artificial intelligence
Tech Firms Bet on Sustainable Data Centers to Cut AI Costs
August 30, 2024

As artificial intelligence (AI) reshapes industries, tech companies are racing to build greener data centers that slash energy costs without sacrificing performance. Firms like Sustainable Metal Cloud (SMC) are at the forefront of this shift, developing cooling solutions for data centers that are trying to...

artificial intelligence
UK’s Government’s AI Strategy Faces ‘Serious Scaling Back’
August 29, 2024

The U.K.’s new Labour government is reportedly rethinking its approach to artificial intelligence (AI). As Reuters reported Thursday (Aug. 29), the government is developing a new AI strategy that prioritizes public sector adoption instead of direct industry investment in the interest of cutting costs. The...

artificial intelligence
Meta Says Tech and Banking Giants Use Its AI
August 29, 2024

Meta says its AI models have been downloaded nearly 350 million times since last year. That’s more than 10 times the downloads compared to this time in 2023, the social media giant said Thursday (Aug. 29), with more than 20 million downloads in the last...