Spain Advocates for AI to Bolster European SME Competitiveness

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

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

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 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

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