NewsRoom Articles - Page 9 of 33

FridayFeb 21, 2025 10:00 am

Microsoft Exec Says AI Could Revolutionize Wealth Management

The rise of artificial intelligence (AI) is set to transform wealth management, according to a Microsoft executive, as the technology’s ability to analyze data rapidly lowers the barriers for new players to compete with traditional banks. Martin Moeller, who leads EMEA’s AI and Generative AI for financial services at Microsoft, explained that AI’s capacity to process financial information efficiently means that just a handful of people can now manage tasks once handled by large teams in banks. “Generative AI is poised to change the competitive dynamics of the industry,” Moeller stated in an interview with Reuters. “Much like the internet…

ThursdayFeb 20, 2025 10:00 am

South Korea Outlaws Downloading DeepSeek Apps, Cites Privacy Concerns

South Korea has halted new DeepSeek AI chatbot downloads, as confirmed by the country’s data protection authority. The chatbot will remain unavailable until necessary adjustments are made to comply with South Korea’s data privacy laws. Following its international debut, DeepSeek quickly gained traction in the nation, soaring to the top and amassing more than a million active users in just a week. However, its sudden rise also led to increased scrutiny, prompting restrictions in various countries due to concerns over national security and data privacy. According to Korea’s Personal Information Protection Agency, the app was removed from both Google Play…

FridayFeb 14, 2025 10:00 am

France, EU Vow During Paris AI Summit to Ease AI Regulations

Europe is set to ease AI regulations to foster growth across the continent, French President Emmanuel Macron stated during the Paris AI summit. He encouraged investments within the European Union, particularly in France, as part of this initiative. Henna Virkkunen, the EU’s digital head, also reassured that the bloc would streamline its regulatory framework and implement policies that are more conducive to business growth. With the U.S., under President Donald Trump dismantling prior AI regulations to enhance its global competitiveness, the European Union faces mounting pressure to adopt a more lenient approach. The goal is to help European tech companies…

ThursdayFeb 13, 2025 10:00 am

Conflict Between Innovation and Regulation Characterizes AI Summit in Paris

The Paris Artificial Intelligence Summit is shaping up to be one of the most influential gatherings in the world, bringing together political leaders from the globe’s major economies. However, in today’s era of AI, real power does not solely rest with governments. Instead, tech giants that control advanced AI models, along with the expert and specialized hardware required to develop them, hold considerable influence. Back in 2023, the UK government hosted the first global AI summit. Officially, the event was centered on AI safety, with discussions on how authorities could safeguard citizens’ lives and jobs from the potential risks posed…

TuesdayFeb 11, 2025 1:35 pm

How Adageis Uses Data to Drive Value-Based Care Adoption and Boost Revenue for Healthcare Providers

Value-based care models prioritize proactive, high-quality patient care, and, if done correctly, can significantly enhance financial outcomes. Healthcare organizations adopting a value-based care approach can see increased revenue through efficiency, reduced hospitalizations and incentive payments. Adageis provides AI-driven solutions that help providers transition to and optimize value-based care models. The company’s data analytics features play a critical role in identifying high-risk patients, closing care gaps and controlling costs. Healthcare is undergoing a major transformation as more organizations shift from fee-for-service to value-based care. Under value-based care models, providers are reimbursed based on patient outcomes rather than the volume of services…

TuesdayFeb 11, 2025 10:00 am

ByteDance Quietly Releases Advanced AI Model Amid Controversy Surrounding TikTok

TikTok’s parent company, ByteDance, has quietly introduced a sophisticated AI model capable of generating highly realistic videos, positioning the company ahead of its American competitors and sparking fresh concerns about deepfake technology. The latest innovation, known as OmniHuman-1, can create lifelike videos of people moving and speaking naturally from just a single image, according to a research paper by the company. Experts caution that if the technology becomes publicly available, it could be exploited for malicious purposes, intensifying long-standing security worries surrounding ByteDance. ByteDance developers trained OmniHuman-1 on more than 18,700 hours of footage, allowing the model to achieve an…

MondayFeb 10, 2025 10:45 am

D-Wave Quantum Inc.’s (NYSE: QBTS) New Leap Quantum LaunchPad(TM) Program Aims to Accelerate the Adoption of Quantum Computing

D-Wave expects the program to drive increased adoption of quantum computing, enabling organizations to experience firsthand how the technology can improve business outcomes and drive scientific discoveries. Qualifying participants will get a 3-month free trial of D-Wave™ technology and support resources. Resources include access to D-Wave’s Advantage™ production-grade annealing quantum computers, D-Wave’s Leap™ real-time quantum cloud service, and technical expert guidance. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, recently announced the launch of the new Leap Quantum LaunchPad program. Designed to accelerate the deployment of quantum computing applications, the initiative offers access…

FridayFeb 07, 2025 10:45 am

D-Wave Quantum Inc. (NYSE: QBTS), Carahsoft Joining Forces to Expand Distribution of Quantum Computing Solutions to the Public Sector

Under the terms of the agreement, the two companies will co-market D-Wave’s comprehensive solutions to the public sector through Carahsoft’s reseller network. The partnership aims to support growing public sector interest in annealing quantum computing to address complex optimization problems. Available solutions will include real-time access to D-Wave’s Advantage™ quantum computing systems through D-Wave’s Leap™ quantum cloud service, as well as workforce training programs and specialized support. Quantum and hybrid quantum applications using D-Wave’s technology can address various priorities in sectors such as national defense, intelligence, emergency response and management, energy reliability and resilience, infrastructure optimization and more. D-Wave Quantum…

FridayFeb 07, 2025 10:00 am

Why Workers Are Smuggling AI into Their Workplaces

A recent survey conducted by Software AG reveals that half of all desk-based professionals rely on personal AI tools. These individuals, often referred to as knowledge workers, use AI for various reasons. Some adopt personal AI tools because their company’s IT department does not provide them, while others prefer the flexibility of choosing their own software. John, a software developer at a fintech firm, exemplifies this trend. He believes that taking action first and dealing with potential consequences later is the best approach. He, like many others, utilizes AI tools at work without formal approval from the IT team. Although…

ThursdayFeb 06, 2025 10:00 am

Chinese AI Firms That Could Equal DeepSeek’s Impact

The unveiling of DeepSeek’s AI model, which rivals OpenAI’s o1 while being significantly more cost-effective, has sent shockwaves through the tech and investment communities. Nvidia, a leader in AI and microchip technology, experienced a record-breaking single-day loss on Wall Street, shedding over $500 billion in market cap. The market reacted strongly as investors feared that DeepSeek’s breakthrough could disrupt the dominance of US-based AI companies. Liang Wenfeng, the company’s founder, has been celebrated as a national figure in China, even earning an invitation to a symposium led by Premier Li Qiang. China’s rapid progress in AI, narrowing the gap with…

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