In a recent gathering at the Delphi Economic Forum, Haris Margaritis, the Group Chief Operating Officer of Piraeus Bank, spoke passionately about the transformative potential of Artificial Intelligence (AI) in banking. Margaritis mentioned that studies project a significant boost in productivity, ranging from 22 to 30%, as banks embrace AI technologies.… Read the rest
AI Innovation Set to Improve Success Rates in Assisted Reproduction Clinics
Clinics specializing in fertility treatments are welcoming a groundbreaking shift through the introduction of Artificial Intelligence (AI) in egg selection procedures. Brazil’s Origen Clinic has recently embarked on an exciting collaboration with an Israeli company, intending to integrate AI into the assisted reproduction process.… Read the rest
Innovative Chatbots Offer Both Convenience and Challenges in New York City
Chatbots are transforming the way users interact with businesses and governments, offering a round-the-clock service that anyone can access at the click of a button. Imagine the simplicity of inquiring about complex legal interpretations from a chatbot, eliminating the hassle of navigating through convoluted laws.… Read the rest
Spain Advocates for AI to Bolster European SME Competitiveness
Spain has positioned itself as a champion for small and medium-sized enterprises (SMEs) by advocating the use of Artificial Intelligence (AI) within the European Union to enhance their competitiveness and growth. During a meeting with EU Economic and Finance Ministers, Spanish Economy, Trade, and Enterprise Minister Carlos Cuerpo detailed a bold initiative that aims to simplify bureaucratic processes and harmonize national regimes, ultimately increasing the efficiency and productivity of European SMEs.… Read the rest
Apple’s Upcoming iOS 18 to Introduce On-Device AI Capabilities
In a noteworthy development that promises to boost user privacy and processing speed, Apple is preparing to launch new artificial intelligence features with its forthcoming iOS 18 update that will operate locally on iPhones, without reliance on cloud-based technologies. This approach is set to fundamentally shift how services provided by the tech giant, such as Siri, Spotlight, and Messages, function on their devices.… Read the rest
Banking Evolution: Embracing AI for Enhanced Productivity and Client Relationships
The rapid emergence of Artificial Intelligence (AI) in the banking industry is driving significant changes that could reshape client services, improve trust, and bolster productivity, as outlined by Haris Margaritis, the Chief Operating Officer at Piraeus Bank. Margaritis highlighted these transformative effects during a discussion at the Delphi Economic Forum on the opportunities and challenges of AI transformation in banking.… Read the rest
OpenAI Expands Into Asia With New Tokyo Office
OpenAI, the pioneering American startup behind the wildly successful AI tool ChatGPT, has broadened its global reach by opening its first office in Asia. Positioned strategically in Tokyo, this new venture stands as OpenAI’s third international location outside the United States, following the establishment of bases in London and Dublin the previous year.… Read the rest
The Future of Gaming: NVIDIA’s AI Revamps Player Experiences
In the dynamic world of gaming technology, NVIDIA stands as a luminary, continuously pushing the boundaries of what’s possible. This was made apparent at a recent showcase in Munich, where the spotlight turned to innovations in artificial intelligence that promise to revolutionize gaming experiences.… Read the rest
Apple to Enhance iOS 18 with AI Capabilities, Independent of Cloud Servers
Apple is gearing up to infuse iOS 18 with advanced artificial intelligence (AI) features, signaling a major leap forward in mobile technology. According to insiders, Apple’s upcoming operating system will offer a suite of AI-driven enhancements designed to make users’ everyday tasks easier and more intuitive, although no specific details are available yet.… Read the rest
Meta Engages in Global Testing of New AI Chatbot for Messaging Platforms
Meta, the parent company behind Facebook, Instagram, and WhatsApp, is currently in the trial phase of a revolutionary AI-powered chatbot known as Meta AI. Since its initial reveal in September 2023, the company has been quiet on progress updates. However, recent reports confirm that tests are underway in India and several African countries.… Read the rest