Survey Reveals Potential Impact of AI on Employee Well-being
A recent survey conducted in Indonesia, Malaysia, Singapore, Taiwan, and the US has shed light on the potential effects of using artificial intelligence (AI) in the workplace. The study, led by Pok Man Tang, an assistant professor of management at the University of Georgia, suggests that employees who frequently interact with AI systems may experience increased feelings of loneliness, trouble sleeping, and even higher alcohol...
Monetary Authority of Singapore Launches Global FinTech Hackcelerator Focused on Artificial Intelligence in Finance
The Monetary Authority of Singapore (MAS) has announced the launch of the 8th edition of the Global FinTech Hackcelerator, titled “Artificial Intelligence (AI) in Finance Global Challenge.” The competition aims to generate innovative and market-ready AI solutions that can transform the financial services industry. The event is conducted in partnership with AI Singapore (AISG) and powered by Oliver Wyman. Participants from...
Alibaba Integrates Advanced AI System into DingTalk Messaging App and Meeting Assistant
Alibaba Group is incorporating its advanced artificial intelligence system, Tongyi Qianwen, into its DingTalk messaging app and meeting assistant, Tingwu. Tongyi Qianwen, developed by Alibaba Cloud, utilizes a large language model (LLM) to power interactions with the assistant. Tingwu assists users by analyzing audio and video files and generating text summaries. The integration of the LLM-based assistant aims to improve the user...
AI-powered Search Engines Revolutionize Online Search: Google and Bing Embrace Generative AI
For the past 25 years, online search has been dominated by Google, but it seems that a profound reset is on the horizon, thanks to the integration of artificial intelligence (AI). The conventional search and click method, made ubiquitous by Google, is undergoing a major transformation as AI-powered bots such as ChatGPT, Bard, and Bing redefine how millions of web users seek answers to their queries. “People are realizing that...
Artificial Intelligence Set to Power the ‘Bank of the Future’ According to New Report from Google Cloud and Mambu
Artificial intelligence will deliver personalised experiences and reshape the world of banking as we know it, according to a new report from leading SaaS banking platform Mambu and Google Cloud. The ‘Bank of the Future’ whitepaper identifies ‘ubiquitous banking’ as the next frontier in the digital financial revolution, and reveals three building blocks that will enable the future of banking: Customer-centric strategy – products...
Google Acquires an Artificial Intelligence Firm in UK
Jan 29, 2014 (Wed): Google Inc was reported that agreed to acquire DeepMind, a London-based cutting edge artificial intelligence company founded by Demis Hassabis, Shane Legg and Mustafa Suleyman in 2012. DeepMind is combining the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms. Their first commercial applications are in simulations, e-commerce and...