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Latest Results from /ai

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Nedbank picks Kasisto for AI chatbot

South Africa's Nedbank has deployed Kasisto's KAI conversational AI technology for its new intelligent digital assistant, Enbi.

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UBS invests in 'Knowledge-as-a-Service' platform Lynk

UBS has invested in Lynk, an AI-driven 'Knowledge-as-a-Service' platform that the bank works with to help its institutional clients in their investment research.

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JP Morgan leads $50m funding round for investment analytics player Aumni

Aumni, an investment analytics platform that provides the data infrastructure for private capital markets, has closed a $50 million Series B funding round led by JP Morgan.

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Machine learning startup Taktile raises $4.7m

Taktile, a German technology platform used by financial services companies to deploy machine learning applications, has raised $4.7 million in seed financing led by Index Ventures.

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Bank of America granted record number of patents

Bank of America is boasting a record 227 US patents granted in the first half of the year, with AI and machine learning the area seeing the most action.

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Pngme raises $15m for financial data infrastructure platform

Pngme, a San Francisco-based firm that builds data infrastructure and out-of-the box machine learning capabilities for financial institutions and fintechs across sub-Saharan Africa, has raised $15 million in a Series A funding round led by Octopus Ventures.

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Abrdn to acquire digital wealth management app from Nucoro

Investment manager Abrdn is to acquire the digital wealth management arm of fintech Nucoro for an undisclosed sum.

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Conversational AI firm Kasisto raises $15.5m

Conversational AI chatbot developer Kasisto has closed a $15.5 million Series C funding round co-led by new investors Naples Technology Vendors and NCR Corporation.

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SEC shuts down mother-son 'supercomputer' operation

The Securities and Exchange Commission has shut down a mother and son operation that raised more than $12 million from retailer investors by promising to use an AI "supercomputer" to invest the funds in securities trading and cryptocurrencies.

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Credit Suisse leads $20 million round in financial data company Daloopa

Credit Suisse has led a $20 million Series A financing round in Daloopa, a provider of AI-powered data extraction services to hedge funds, investment banks, and other financial institutions.

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Climate X raises $1.5m to tackle climate risk

Climate X, a startup that uses data and analytics to help businesses, government and individuals tackle the multi trillion-dollar climate risk problem, has raised $1.5 million in pre-seed funding.

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CBA puts AI ethics at centre of Bill Sense

Commonwealth Bank of Australia has used an AI ethics framework being developed by the country's government to help design a service that tells customers when their bill payments are due.