Artificial Intelligence In Finance

The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.

OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors.

A total of 43 new cryptocurrencies have been listed on the Giottus crypto exchange. Cryptocurrencies related to decentralised finance (DeFi) protocols, real world assets (RWA), Artificial Intelligence (AI), and memecoins have made it to Giottus’ refreshed list. The exchange is said to have around 300 tokens currently listed for trading. It claims...

Microsoft and ChatGPT maker OpenAI are planning to build a data center worth over $100 billion, equipped with an AI supercomputer called "Stargate" that could arrive in 2028, according to a report. The Redmond company is likely to finance the project, which is expected to be more than 100 times more expensive than some of the biggest data centers i...

Microsoft unveiled a new artificial intelligence (AI) tool called Copilot for Finance on Thursday, aiming to help financial professionals in easily navigating through everyday mundane tasks. The Copilot tool is not a new AI model, and instead builds on the existing Copilot for Microsoft 365 stack to bring new features specific to financial operatio...

Google DeepMind scientists are said to be in talks with investors about forming an AI startup in Paris. The scientists are said to have held discussions with potential investors about a financing round that may exceed EUR 200 million (roughly Rs. 1,800 crore). The purported venture may be focused on building a new AI model.

Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial Conduct Authority (FCA) was expected to say on Wednesday. Nikhil Rathi, chief executive of the FCA, said in remarks made available to the media in advance of a speech, that he was a...

Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial Conduct Authority (FCA) was expected to say on Wednesday.

India needs a five-year strategy to counter cybercrime as new technological breakthroughs, including artificial intelligence, become part of everyday life.

ChatGPT-maker OpenAI Chief Executive Officer Sam Altman is set to visit India this week alongside Israel, Jordan, Qatar, the UAE, and South Korea. Given India's strong IT industry and a large set of data, AI-based utilities can leverage huge potential in the country. AI is expected to contribute an additional $957 billion (roughly Rs. 79,00,300 cro...

OpenAI CEO Sam Altman will make his first appearance before a Senate panel next week as the US Congress grapples with how best to regulate artificial intelligence as the technology becomes more powerful and widespread. Altman will testify before the Senate Judiciary Subcommittee on Privacy, Technology & the Law on Tuesday on what laws might be need...

Three centres of excellence for artificial intelligence (AI) in top educational institutions and 100 labs in engineering institutions for developing applications using 5G services will be set up, Union Finance Minister Nirmala Sitharaman announced on Wednesday.

Finance Minister Nirmala Sitharaman mentioned that the GST rates on online gaming, horse racing and casinos will be finalised in the 48th GST Council Meeting which will be held in August in Madurai. She also added that the compensation can be continued at least for a few years.

Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.

Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.

The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday.

OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors.

A total of 43 new cryptocurrencies have been listed on the Giottus crypto exchange. Cryptocurrencies related to decentralised finance (DeFi) protocols, real world assets (RWA), Artificial Intelligence (AI), and memecoins have made it to Giottus’ refreshed list. The exchange is said to have around 300 tokens currently listed for trading. It claims...

Microsoft and ChatGPT maker OpenAI are planning to build a data center worth over $100 billion, equipped with an AI supercomputer called "Stargate" that could arrive in 2028, according to a report. The Redmond company is likely to finance the project, which is expected to be more than 100 times more expensive than some of the biggest data centers i...

Microsoft unveiled a new artificial intelligence (AI) tool called Copilot for Finance on Thursday, aiming to help financial professionals in easily navigating through everyday mundane tasks. The Copilot tool is not a new AI model, and instead builds on the existing Copilot for Microsoft 365 stack to bring new features specific to financial operatio...

Google DeepMind scientists are said to be in talks with investors about forming an AI startup in Paris. The scientists are said to have held discussions with potential investors about a financing round that may exceed EUR 200 million (roughly Rs. 1,800 crore). The purported venture may be focused on building a new AI model.

Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial Conduct Authority (FCA) was expected to say on Wednesday. Nikhil Rathi, chief executive of the FCA, said in remarks made available to the media in advance of a speech, that he was a...

Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial Conduct Authority (FCA) was expected to say on Wednesday.

India needs a five-year strategy to counter cybercrime as new technological breakthroughs, including artificial intelligence, become part of everyday life.

ChatGPT-maker OpenAI Chief Executive Officer Sam Altman is set to visit India this week alongside Israel, Jordan, Qatar, the UAE, and South Korea. Given India's strong IT industry and a large set of data, AI-based utilities can leverage huge potential in the country. AI is expected to contribute an additional $957 billion (roughly Rs. 79,00,300 cro...

OpenAI CEO Sam Altman will make his first appearance before a Senate panel next week as the US Congress grapples with how best to regulate artificial intelligence as the technology becomes more powerful and widespread. Altman will testify before the Senate Judiciary Subcommittee on Privacy, Technology & the Law on Tuesday on what laws might be need...

Three centres of excellence for artificial intelligence (AI) in top educational institutions and 100 labs in engineering institutions for developing applications using 5G services will be set up, Union Finance Minister Nirmala Sitharaman announced on Wednesday.

Finance Minister Nirmala Sitharaman mentioned that the GST rates on online gaming, horse racing and casinos will be finalised in the 48th GST Council Meeting which will be held in August in Madurai. She also added that the compensation can be continued at least for a few years.

Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.

Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.