Mastercard Launches AI-Powered Scam Protect to Combat Rising Fraud
Mastercard introduces Scam Protect, powered by AI, to help financial institutions detect and prevent scams, while also educating consumers. Through partnerships with Verizon and Entersekt, Mastercard aims to develop advanced solutions to block scammers, while supporting the Global Anti-Scam Alliance for consumer advocacy. 24 April 2024 – Mastercard has launched Scam Protect, a comprehensive suite of solutions driven by advanced...
Malaysia’s AI Sandbox Programme Targets 900 Startups and 13,000 Talents by 2026
Malaysia launches the AI Sandbox pilot programme in collaboration with the Higher Education Ministry and Nvidia, aiming to foster 900 AI startups and cultivate 13,000 new talents by 2026. The initiative underscores Malaysia’s commitment to driving innovation and talent development in the AI sector, with plans to establish specialized AI faculties and provide resources to support entrepreneurship and research in artificial...
Huawei Pioneers All-Intelligent Networks at Analyst Summit 2024, Unveiling AI-Powered Strategies for Net5.5G Era
Huawei showcases its commitment to advancing network intelligence at the Analyst Summit 2024, unveiling strategies to integrate AI technologies and deploy network digital twins at scale, setting a new standard for innovation in the Net5.5G era. 18 April 2024 – At the Huawei Analyst Summit 2024, Steven Zhao, Vice President of Huawei’s Data Communication Product Line, unveiled the company’s groundbreaking strategies to...
FinbotsAI and KBZ Bank Join Forces to Transform Credit Risk Management in Myanmar with AI-Powered Solution
FinbotsAI partners with KBZ Bank, Myanmar’s leading bank, to implement CreditX, an AI-powered credit scoring solution, revolutionizing credit risk management in the region. The collaboration aims to enhance operational efficiency, drive financial inclusion, and facilitate faster and more accurate credit assessments across retail and SME products. FinbotsAI, a Singapore-based B2B SaaS FinTech backed by Accel, has announced a...
AMD Unveils Cutting-Edge AI Chips for Business PCs, Set to Debut in HP and Lenovo Platforms
AMD introduces new series of AI-enabled chips tailored for business PCs, including the Ryzen PRO 8040 Series for laptops and mobile workstations, and the Ryzen PRO 8000 Series for desktops, set to launch in platforms from HP and Lenovo in the second quarter of 2024. 16 April 2024 – Advanced Micro Devices (AMD.O) announced on Tuesday the launch of its latest series of chips tailored for artificial intelligence-enabled personal...
Baidu’s Ernie Bot Dominates China’s AI Chatbot Market with 200 Million Users Amidst Rising Competition
Baidu’s Ernie Bot achieves a milestone with over 200 million users, facing stiff competition from emerging rivals like Moonshot AI’s Kimi in China’s AI chatbot market. Despite challenges, Ernie Bot continues to grow and serve a large base of enterprise clients. 16 April 2024 – Baidu, China’s leading technology company, announced on Tuesday that its artificial intelligence chatbot, “Ernie Bot,”...
Adobe Unveils Integration of Third-Party AI Tools in Premiere Pro for Advanced Video Editing Capabilities
Adobe reveals plans to integrate third-party AI tools, like OpenAI, into its Premiere Pro software, aiming to introduce advanced features for automated video editing. 15 April 2024 – In a strategic move to enhance its widely used Premiere Pro application, Adobe (ADBE.O) has announced plans to integrate third-party generative artificial intelligence (AI) tools, including those from OpenAI and other startups. This initiative,...
South Korea to Host Global AI Safety Summit, Building on Bletchley Declaration
South Korea is set to host the second global AI safety summit, continuing the collaborative efforts initiated by the “Bletchley Declaration” to address AI safety concerns and establish global norms for governance. 13 April 2024 – South Korea is set to host the second global AI safety summit on May 21-22, following in the footsteps of Britain’s inaugural event held at Bletchley Park six months prior. Government...
Nvidia and Indosat Ooredoo Hutchison Forge Partnership to Establish $200 Million AI Center in Central Java
Nvidia and Indosat Ooredoo Hutchison are teaming up to build a $200 million AI center in Central Java, aimed at advancing technological innovation in Indonesia. The center, to be located in Surakarta city, will focus on telecommunication infrastructure and human resource development, contributing to the region’s AI ecosystem. 4 April 2024 – Nvidia, a global leader in artificial intelligence (AI) technology, and PT Indosat...
Google Mulls Premium Features for AI-Powered Search Engine Amid Push for Monetization
Google, under Alphabet Inc., is reportedly exploring the introduction of premium features for its AI-powered search engine, aiming to monetize its core products and stay competitive in the AI space. Despite potential subscription-based enhancements, Google assures that its traditional search engine will remain free with ads, amidst competition from industry giants like OpenAI and Microsoft. 4 April 2024 – Google, a subsidiary of...
Apple Inc. Explores Entry into Personal Robotics Market
Apple Inc. is exploring entry into the personal robotics market, with plans for mobile robots and advanced tabletop devices, aiming to diversify revenue streams and maintain its innovative edge. The move reflects Apple’s strategic focus on emerging markets and technological advancements in artificial intelligence and machine learning. 4 April 2024 – Apple Inc., renowned for its technological innovations, is venturing into...
SECTA5 Unveils Cartographer: AI-Powered Platform Revolutionizing Cybersecurity Threat Analysis and Response
SECTA5, a Singapore-based deep tech start-up, launches Cartographer, an AI-powered platform revolutionizing cybersecurity threat analysis and response. Cartographer enables companies to accelerate cyber risk triage, prioritize cybersecurity efforts, and mitigate threats effectively, ultimately strengthening cybersecurity defenses and optimizing resource allocation. 3 April 2024 – Singapore-based deep tech start-up SECTA5 has...
Amazon’s AWS Expands Free Credits Program to Cover AI Model Usage for Startups, Boosting Bedrock’s Market Share
AWS expands its free credits program for startups to cover AI model usage, aiming to bolster Bedrock’s market share. The initiative, which includes partnerships with various providers, reflects Amazon’s ongoing efforts to support startups while attracting regulatory scrutiny. 2 April 2024 – Amazon Web Service (AWS) has announced an expansion of its free credits program for startups, now encompassing the costs...
OpenAI Announces Unrestricted Access to ChatGPT Without Sign-Up Requirement
OpenAI announces unrestricted access to ChatGPT, its generative AI chatbot, eliminating the sign-up requirement to democratize AI accessibility. Despite its growth slowdown, ChatGPT remains popular for its human-like conversation abilities and diverse tasks. 2 April 2024 – OpenAI, backed by Microsoft, has revealed plans to offer unrestricted access to its ChatGPT generative AI chatbot starting next Monday, removing the necessity...
Visa Bolsters Global Security Measures with AI-Powered Fraud Prevention Solutions
Visa strengthens global security measures with AI-driven fraud prevention solutions, targeting various transaction types including immediate account-to-account and card-not-present payments. 28 March 2024 – In an effort to fortify its position as a leader in digital payments security, Visa (NYSE:V) has announced the expansion of its suite of value-added services with the introduction of three new AI-driven risk and fraud...
ASUS Unveils Cutting-Edge GPU Server Solutions at NVIDIA GTC Conference, Empowering AI Supercomputing
ASUS showcases its latest GPU server innovations at the NVIDIA GTC conference, including the ESC NM1-E1 and ESC NM2-E1 servers powered by NVIDIA’s MGX modular reference architecture, aiming to advance AI supercomputing capabilities. Leveraging state-of-the-art NVIDIA technologies and expertise in MLPerf, ASUS offers optimized server solutions tailored to diverse workloads, emphasizing performance, efficiency, and scalability. 21...
Apple Eyes Integration of Google’s Gemini AI Engine into iPhones, Signals Advancement in AI Technology
Reports suggest Apple is in discussions to integrate Google’s Gemini AI engine into iPhones, potentially enhancing user experience with advanced AI features. While negotiations are ongoing, both companies have remained tight-lipped, but investor interest is evident, reflecting the potential impact of such collaboration on AI services and market dynamics. 18 March 2024 – According to Bloomberg News, Apple (AAPL.O) is...
Nvidia Unveils Next-Gen AI Chips and Software Innovations at GTC 2024 Amidst Intensifying Competition
Nvidia’s annual developer conference, GTC 2024, sees the unveiling of next-generation AI chips and software enhancements, reinforcing the company’s position in the competitive semiconductor market amidst anticipation for Chief Executive Jensen Huang’s keynote address. Despite facing challenges from rivals like Intel and AMD, Nvidia aims to maintain its leadership in AI innovation with advanced chip technologies and...
European Talent War Intensifies as AI Startups Vie for Dominance
A surge in AI startups in Europe intensifies competition for technical talent, prompting established players like Google DeepMind to reassess recruitment strategies. The success of OpenAI’s ChatGPT spurs investor interest, with new entrants like Cohere and Anthropic vying for dominance in the European market. 11 March 2024 – A surge in artificial intelligence (AI) startups in Europe is fueling intense competition for...
IBM Collaborates with Adobe to Enhance Marketing Productivity Through AI Tools
IBM partners with Adobe to implement AI tools, resulting in significant productivity improvements for marketing campaigns. The integration enables rapid idea generation and variant creation, leading to faster turnaround times and increased focus on creative tasks for designers. 6 March 2024 – International Business Machines Corporation (IBM) has revealed the successful integration of Adobe’s generative artificial...
