AI

Nordea Cuts 1,500 Jobs as AI Drives Cost Savings

Banking giant Nordea announces significant layoffs amid AI transformation.Highlights: Nordea to eliminate 1,500 positions due to AI advancements.Cost-saving measures aim to enhance operational efficiency.Layoffs reflect broader trends in the...

Visa Strengthens AI Payments Trials with Multiple Banks in the UK and Europe

Visa collaborates with numerous banks to innovate AI-driven payment solutions.Highlights: Visa partners with several banks in the UK...

Upvest Secures $125 Million Financing Round, Boosting Growth Potential

The fintech firm expands its capital to enhance its offering in the investment sector.Highlights: Upvest has raised $125...

Swedish Central Bank Tightens Actions on Banks Over Instant Payments

The central bank of Sweden warns banks on instant payment compliance.Highlights: Swedish Central Bank warns banks about compliance...

India’s PhonePe Pauses IPO Amid Geopolitical Tensions

PhonePe's IPO delay highlights market uncertainties due to global issues.Highlights: PhonePe has postponed its IPO indefinitely.The decision stems...
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DataCebo launches enterprise version of popular open source synthetic data library

Long before most of us were thinking about large language models, DataCebo co-founders Kalyan Veeramachaneni and Neha Patki were creating an open source library...

Simply Homes nabs $22M, leverages AI to tackle affordable housing crisis

The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates...

Respeecher’s ethics-first approach to AI voice cloning locks in new funding

Ukrainian synthetic voice startup Respeecher is finding success despite not just bombs raining down on their city, but a wave of hype that has...

Google unveils AlphaCode 2, powered by Gemini

Alongside its Gemini generative AI model, Google this morning took the wraps off of AlphaCode 2, an improved version of the code-generating AlphaCode introduced...

Bing’s new ‘Deep Search’ feature offers more comprehensive answers to complex search queries

Microsoft Bing is getting a new “Deep Search” feature powered by OpenAI’s GPT-4. The feature is designed to give users more relevant and comprehensive...

Analytics can solve generative AI apps’ product problem

Henry Scott-Green Contributor Henry Scott-Green is co-founder and CEO of Context.ai, the evaluation and analytics platform for LLM applications. Sundar Solai is a product manager turned technical...

I’m watching ‘AI upscaled’ Star Trek and it isn’t terrible

For years, dedicated Star Trek fans have been using AI in an attempt to make a version of the acclaimed series Deep Space 9...

‘Animate Anyone’ heralds the approach of full-motion deepfakes

As if still-image deepfakes aren’t bad enough, we may soon have to contend with generated videos of anyone who dares to put a photo...

Makers of popular Dream by Wombo AI app launch a new app for AI avatars

Wombo, the makers of viral AI-generated art app Dream by Wombo, is back with another new AI-powered app called Wombo Me. The new AI avatar...
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