Seoul Cyber University Hosts Inaugural AI Innovation Contest

Seoul Cyber University Hosts Inaugural AI Innovation Contest

Seoul Cyber University is set to pioneer a stimulating event for tech enthusiasts and professionals across the nation. From the 17th to the 30th of the month, the esteemed institution will conduct its first-ever ‘Artificial Intelligence Online Competition.’

The Big Data and AI Center of Seoul Cyber University will spearhead this initiative, with the invaluable collaboration of the departments of Big Data and Information Protection, and Artificial Intelligence.… Read the rest

Banks’ Growing Reliance on AI Poses New Risks

Banks’ Growing Reliance on AI Poses New Risks

Banks’ increasing fascination with artificial intelligence (AI) and its potential applications in the financial industry has surged, especially following the release of OpenAI’s chatbot ChatGPT in late 2022. This interest is particularly keen in the areas of fraud detection and anti-money laundering, where AI is already widely used.… Read the rest

The Advance of Artificial Intelligence: A Year of Quiet Revolution

The Advance of Artificial Intelligence: A Year of Quiet Revolution

A significant shift in the artificial intelligence (AI) landscape was highlighted at the St. Petersburg International Economic Forum (SPIEF) 2024. Alexander Vedyaikin, the First Deputy Chairman of Sberbank, emphasized the transformative power of AI in a variety of sectors, such as information access, content creation, customer satisfaction, and business operations, forecasting a wave of changes to come.… Read the rest

Greece Advances with AI in Risk Management and Crisis Prevention

Greece Advances with AI in Risk Management and Crisis Prevention

The Society of Information, on behalf of the Ministry of Climate Crisis and Civil Protection, has moved forward with a tender for the integration and utilization of new technologies, prominently featuring Artificial Intelligence (AI). The tender supports the project “National Database: Integrated Risk Management and Prevention Information System,” part of the National Civil Protection Policy Program “AEGIS,” backed financially by the European Investment Bank with a budget of €21.66 million.… Read the rest

Joint Efforts in AI: Towards a Smarter Future

Joint Efforts in AI: Towards a Smarter Future

Public-private partnerships are deemed crucial by high-ranking officials and tech experts from leading global companies for leveraging artificial intelligence (AI) applications to fulfill humanity’s aspirations for a brighter future.

The much-anticipated AI retreat, to unfold under the sponsorship of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of the Executive Council of Dubai and the Board of Trustees at the Dubai Future Foundation, will be a major assembly aimed at expedited adoption of AI applications.… Read the rest

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