Tags: AI Innovation
Surging Global Chip Sales: 19.1% Growth in 2024 and Double-Digit Boom Ahead in 2025 Driven by AI Innovation | SIA Insights
In 2024, global semiconductor chip sales surged by 19.1%, reaching $627.6 billion, with expectations of continued double-digit growth into 2025. This growth is driven by…
Navigating the Future: BIS Empowers Central Banks to Balance AI Innovation and Risk Management
The Bank for International Settlements (BIS) report highlights the growing significance of artificial intelligence (AI) in central banking, urging a balance between innovation and risk…
Marlin Invests Majority Stake in Napier AI: A Game-Changer for AI Innovation
Napier AI, a London-based provider of AI-driven financial crime compliance software, is transforming anti-money laundering (AML) efforts for financial institutions since its 2015 founding. Trusted…
Revolutionizing Core Banking Migrations: 10x Banking and DLT Apps Join Forces with AI Innovation
10x Banking has partnered with DLT Apps to enhance data migration processes for financial institutions transitioning from legacy systems to modern core banking platforms. This…
Hugging Face Reaches Settlement with FriendliAI Over Patent Infringement Lawsuit in AI Innovation
Hugging Face has settled a lawsuit with Korean AI startup FriendliAI over patent infringement claims related to AI data batching technology. The confidential agreement, filed…
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