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Munich Re Invests in German Research Centre for AI (DFKI)

Recently, Munich Re made headlines by becoming a shareholder in the German Research Centre...

AXA’s New AI Bots to Save Over 18,000 Man Hours

AXA rolls out three artificial intelligence (AI) bots in a bid to assist staff...

Machine Learning Startup Mimiro Raises $30M

Recently, Mimiro raised $30 million from investors to expedite the expansion of its machine-learning...

AI Behavioral Analytics Firm Featurespace Raises $32M

Featurespace, an anti-fraud behavioral analytics company based in the UK, recently secured $32 million...

Allianz Rolls Out AI in Handling Claims

Artificial intelligence (AI) is expected to minimize the time taken in handling claims. Allianz has...

Envestnet Yodlee Acquires AI Conversational Banking Firm

Recently, Envestnet Yodlee, a data analytics and aggression platform, acquired Abe AI, which is...

Deloitte Says that 19% of Financial Services are Using AI

A recent report by Deloitte revealed that banking institutions have increasingly been investing their...

3 Unstoppable Technologies Transforming Banking

Financial institutions generally agree that automation is increasingly changing their industry in many ways,...

Venture Capitalist Invest a Record $9.3B into AI Startups in 2018

Artificial intelligence is one of the most popular technologies of this modern era. The technology...

AI Revolution Disrupts Investment Banking

Tobias Taupitz landed a job in Barclays’ mergers and acquisitions (M&A) team based in...

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Top 25 AI Software for the Banking Industry

AI software is a major growth industry. Tractica predicts that by 2025 it will be worth $118.6 billion dollars. This growth is largely being driven...

Data Science – 8 Powerful Applications

Data science is one of the most exciting emerging fields. As we will see throughout the course of this article it is increasingly becoming an...

10 Powerful Applications of AI in Retail

As we can see from its current applications, the potential uses for artificial intelligence in retail are endless. At the manufacturing point smart solutions can...

10 Applications of Machine Learning in Oil & Gas

The modern business world is becoming increasingly technology-driven. Many areas, such as healthcare, have been quick to realise the possibilities. AI and machine learning...

Top 10 Applications of AI in Law

As new technologies continue to develop and evolve they are increasingly impacting on other areas and professions. The role of artificial intelligence in law...

Artificial Intelligence in Medicine – Top 10 Applications

Our ability to find ways to heal our bodies dates back to the stone age, we found many solutions in nature, but in order...