AI
UBS and Microsoft Expand Partnership Beyond Cloud Services
UBS and Microsoft announced an expansion of their partnership that will see more than 50% of UBS’ applications, including critical workloads, running on the Microsoft Azure cloud. The expanded partnership will also help advance UBS’ sustainability initiatives and see the
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Europe’s Forthcoming AI Act Will Have a Wide Reach and Broad Implications
Like the European Union (EU)’s General Data Protection Regulation (GDPR) that entered into force in 2016, the upcoming Artificial Intelligence (AI) Act will have extraterritorial scope and global impact. Considering the AI Act’s broad scope and the financial risks relating
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Finanzierung in Kollaborative Roboter
Der technische Fortschritt ist aus vielen Berufsbereichen nicht mehr wegzudenken. In der industriellen Fertigung sind Maschinen ein fester Bestandteil von Arbeitsprozessen. Noch immer sind nicht alle begeistert von der Tatsache, dass die Technologie immer mehr Einzug in unser Handeln findet.
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AI Industry Leader Unit8 Launches Advanced Analytic Trends Report 2022
Swiss data services company Unit8 highlights the key analytics trends that we will see accelerating in 2022 in its “Advanced Analytic Trends Report”. The report compiles feedback of industry leaders from Merck, Credit Suisse, and Swiss Re, on using mega
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Lendable Announces GBP 210M Funding Round Led by Ontario Teachers Pension Fund
Lendable, an AI-powered consumer finance platform, has announced a GBP 210m funding round at a valuation in excess of GBP 3.5bn. The round was led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP).
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Financial Times Names Unit8 as Fastest Growing Swiss Data & AI Firm
Top spot for Unit8 in the annual ranking of the Financial Times: the Lausanne-based data & AI services company achieved the strongest revenue growth of all Swiss participating companies. For the two founders, Marcin Pietrzyk and Michal Rachtan, the strong
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Squirro Supplies European Central Bank With AI Solution
Switzerland-based Squirro has announced a major project with the European Central Bank (ECB), in which Squirro will supply its Insight Engine and Risk Insights solution to the central bank of the 19 European Union countries that have adopted the euro.
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3 Key Trends Transforming the Swiss Wealth Management Industry
Open financial ecosystems, data and analytics, as well as sustainability are the top three most impactful trends shaking up the Swiss wealth management industry. These trends are forcing traditional players to rethink themselves and innovate in order to maintain their
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How Can Artificial Intelligence and Machine Learning Boost Cyber Security?
Machine learning is the use of data and algorithms to allow machines to imitate human behaviour. This technology is applied in many different ways. One of these is in the boosting of cyber security, an issue that has become quite
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Zurich Insurance Group to Acquire Estonia’s AI Firm AlphaChat
Zurich Insurance Group has agreed to acquire Estonia-based conversational AI company AlphaChat. AlphaChat’s customer service automation technology will help to enhance Zurich Insurance Group’s conversational AI capabilities, and support the development of Intelligent Virtual Assistants for both internal and external
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