Canada’s Financial Watchdog Invests in Artificial Intelligence to Fight Money Laundering

Canada’s Financial Watchdog Invests in Artificial Intelligence to Fight Money Laundering

Summary: Canada’s anti-money laundering agency, the Financial Transactions and Reports Analysis Centre (FINTRAC), is turning to artificial intelligence (AI) to enhance its ability to detect suspicious transactions and combat financial crimes. The agency recently issued record fines to the country’s largest banks for failing to submit suspicious transaction reports, marking an increase in enforcement activities.… Read the rest

EV Manufacturers Embrace NVIDIA DRIVE Orin Platform for Advanced Automated Driving Systems

EV Manufacturers Embrace NVIDIA DRIVE Orin Platform for Advanced Automated Driving Systems

In a significant industry development, several EV manufacturers, including GWM, ZEEKR, and Xiaomi, have announced their partnership with NVIDIA to utilize the advanced intelligent automated-driving systems powered by the NVIDIA DRIVE Orin platform. This comes as automakers are increasingly looking to leverage the advanced capabilities and AI performance of NVIDIA’s successor, the NVIDIA DRIVE Thor, for their future vehicle roadmaps.… Read the rest

Valeo’s Revolutionary Approach to Vehicle Safety and Autonomy

Valeo’s Revolutionary Approach to Vehicle Safety and Autonomy

Summary: In a groundbreaking move, automotive brand Valeo unveiled its latest innovations in advanced driver assistance systems (ADAS) at CES, with a focus on the democratization of vehicle safety and autonomy. Valeo showcased a new product, the “Smart front camera as central computer,” which integrates multiple sensors to deliver high levels of driver assist while minimizing power consumption.… Read the rest

Study Shows Increase in Online Shopping During Pandemic

Study Shows Increase in Online Shopping During Pandemic

Summary: A recent study reveals a significant increase in online shopping activities during the pandemic, with many consumers opting to purchase goods and services from the comfort of their homes.

In a recent study conducted by researchers, it has been discovered that the COVID-19 pandemic has led to a substantial surge in online shopping.… Read the rest

Microsoft Copilot Falls Short of Impacting OpenAI’s ChatGPT

Microsoft Copilot Falls Short of Impacting OpenAI’s ChatGPT

According to recent data from app store intelligence provider Appfigures, Microsoft Copilot, the AI chatbot developed with OpenAI technologies, has not made a significant impact on OpenAI’s own chatbot, ChatGPT. Despite offering free access to OpenAI’s newer GPT-4 technology, Copilot’s launch went largely unnoticed due to a lack of promotion.… Read the rest

California State Officials Seek AI Solutions to Tackle Traffic Issues

California State Officials Seek AI Solutions to Tackle Traffic Issues

California state officials are turning to artificial intelligence (AI) in an effort to find innovative solutions to combat the ongoing traffic problems in the state. The California Department of Transportation and other state agencies have issued a request for proposal, asking technology companies to propose AI tools that can help reduce traffic congestion and improve road safety for pedestrians, cyclists, and scooter riders.… Read the rest

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