Westpac Introduces AI-Powered Solution to Combat Scammers

Westpac Introduces AI-Powered Solution to Combat Scammers

Westpac, a leading Australian bank, is taking proactive measures to protect its customers from scams with the introduction of an AI-powered capability called SaferPay. This innovative feature will be integrated into the bank’s mobile banking app and aims to gather more information instantly from customers who may be at risk of falling victim to scammers.… Read the rest

Investing in AI: Top Software Stocks to Consider

Investing in AI: Top Software Stocks to Consider

Artificial intelligence (AI) stocks have been witnessing remarkable growth in recent times, with the AI market expected to continue expanding. Brokerage firm Goldman Sachs predicts four distinct “waves” of AI adoption. Meanwhile, KeyBanc highlights software stocks in the enterprise sector that are well-positioned to capitalize on AI and cloud efficiency.… Read the rest

The Rise and Fall of SoundHound AI: Evaluating Valuation and Potential Risks

The Rise and Fall of SoundHound AI: Evaluating Valuation and Potential Risks

SoundHound AI (NASDAQ:SOUN) has been a prominent success story for investors this year, attracting attention for its expertise in voice recognition technology and securing a significant investment from AI giant Nvidia. However, recent developments have cast a shadow on the company’s performance, with the shares pulling back by 43% from their peak due to a short report that raised concerns about the company’s integrity.… Read the rest

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