Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

Source: en.wikipedia.org

SoundHound Expands Reach of Conversational AI Offering With Amelia Acquisition
SoundHound Expands Reach of Conversational AI Offering With Amelia Acquisition
August 08, 2024  |  Acquisitions

SoundHound AI acquired enterprise artificial intelligence company Amelia, saying the move will expand its conversational AI capabilities to new verticals and hundreds of enterprise brands....

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UK’s CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
UK’s CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
August 08, 2024  |  ANTITRUST

Amazon’s partnership with artificial intelligence company Anthropic is being investigated by the United Kingdom’s competition and markets regulator. The Competition and Markets Authority (CMA) launched...

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AI Sector Takes Aim at California Safety Bill
AI Sector Takes Aim at California Safety Bill
August 08, 2024  |  Artificial Intelligence

A bill in California would require artificial intelligence companies to conduct tests to prevent “catastrophic harm.” However, AI firms are trying to curtail the legislation,...

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GenAI Tools Show Promise of Reducing Payments Fraud by 85%
GenAI Tools Show Promise of Reducing Payments Fraud by 85%
August 08, 2024  |  Artificial Intelligence

The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Conventional rules-based systems, relying on...

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Zest AI Launches Fraud Detection Solution
Zest AI Launches Fraud Detection Solution
August 07, 2024  |  Artificial Intelligence

Zest AI unveiled a tool to identify fraudulent activity during the loan decisioning process. Zest Project is designed to use artificial intelligence to respond to...

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Wendy’s Purchasing Co-op to Deploy Palantir’s AI-Powered Supply Chain Solutions
Wendy’s Purchasing Co-op to Deploy Palantir’s AI-Powered Supply Chain Solutions
August 07, 2024  |  Artificial Intelligence

Wendy’s Quality Supply Chain Co-op (QSCC), a purchasing cooperative that services more than 6,400 Wendy’s restaurants in the United States and Canada, teamed with Palantir...

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Kickfin Teams With Shift4 to Automate Restaurant Tip Payments
Kickfin Teams With Shift4 to Automate Restaurant Tip Payments
August 06, 2024  |  ResTech

Tip management software company Kickfin integrated with Shift4’s restaurant point-of-sale solution SkyTab. The integration lets restaurants using SkyTab automatically determine tip pools or shares and...

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How Technology With a Side of Service Is Shaping Restaurant Loyalty
How Technology With a Side of Service Is Shaping Restaurant Loyalty
August 06, 2024  |  Loyalty & Rewards

Shifts in consumer behavior and advancements in technology are transforming the restaurant industry. The evolving landscape of loyalty and engagement is also a trend to...

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ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
August 05, 2024  |  Earnings

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. The online consignment and thrift store...

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