Due to strict rules governing data, highly regulated sectors like financial services, healthcare and public sector agencies cannot simply rush headlong into deploying generative AI (genAI). However, the potential for increased efficiency and productivity is simply too great to ignore. The question isn’t whether these sectors should leverage genAI, but how they can do so...
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The AI Governance Market is expected to rise from USD 890.6 million in 2024 to USD 5,776.0 million by 2029, achieving a CAGR of 45.3% over the forecast period, according to a report by MarketsandMarkets™. The growth is driven by increasing regulatory scrutiny and demands for AI compliance, particularly in high-risk industries like healthcare and finance.
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Prefixbox, a leading commerce search provider, has launched Prefixbox AI Search & Filter on the Shopify App Store, empowering retailers to enhance their online product search and discovery capabilities. This innovative solution is designed to improve search result relevance, ultimately increasing conversion rates and online revenue for retailers.
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Algebrik AI Inc., headquartered in New York City, has announced the appointment of Andrea Silvers as Vice President of Business Development & Partnerships. As the world’s first cloud-native and AI-powered digital-era Loan Origination System (LOS) company, Algebrik aims to transform the lending process for mid-tier banks and credit unions. Company Overview: Founded by industry veteran...
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Colossyan, the leading AI video platform for workplace learning, has unveiled its Instant Avatar feature—a groundbreaking tool that allows users to create lifelike digital representations of themselves in seconds using less than a minute of video footage. This innovation is set to transform the AI video production landscape, a global market valued at approximately $5.53 billion, by offering unprecedented personalization, speed, and convenience.
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AdGPT.com, an AI-driven platform, has announced its rapid success in the digital advertising market. Since its quiet early launch, the platform has attracted tens of thousands of small and medium businesses (SMBs), primarily from Greater California and New York, leveraging its innovative technology to create high-converting ads with just one click.
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Kipu Health, a leading provider of technology solutions for behavioral health, has announced a strategic collaboration with Amazon Web Services (AWS) to introduce a suite of innovative artificial intelligence (AI) solutions tailored for the industry. The first offering in this AI suite will streamline clinical workflows by transcribing patient sessions, generating progress notes, and providing chart summaries for healthcare providers.
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Vehere, a global cybersecurity company, is set to participate in GITEX Global 2024, the world's largest and most acclaimed technology event, from October 14–18, 2024, in Dubai. As part of its mission to conquer new heights in cybersecurity, Vehere will showcase its innovative AI Network Security technology, serving as a "Second Line of Defense" to protect corporate networks against advanced cyber threats.
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On September 16, 2024, aelf, a leading AI-enhanced Layer 1 blockchain network, hosted the Hello [AI] event in collaboration with co-host Gaia. This event successfully marked the beginning of Singapore’s TOKEN2049 week, drawing a full house of AI and blockchain enthusiasts, developers, industry experts, and Web3 innovators at SKAI Loft, Swissôtel.
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