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

What Apple and OpenAI’s Partnership Reveals About Strategic Innovation
What Apple and OpenAI’s Partnership Reveals About Strategic Innovation
June 12, 2024  |  Partnerships

Staying ahead of the innovation curve means meeting end-user expectations where they will be, not where they are currently (even though achieving that can frequently...

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Samsung Reportedly Hires Ex-Apple Exec Murat Akbacak for AI Center
Samsung Reportedly Hires Ex-Apple Exec Murat Akbacak for AI Center
June 12, 2024  |  Personnel

Samsung is reportedly hiring a former Apple executive to run its new artificial intelligence research center. Heading the operation will be Apple veteran Murat Akbacak,...

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Mistral Raises $640 Million to ‘Push the Frontier of AI’
Mistral Raises $640 Million to ‘Push the Frontier of AI’
June 11, 2024  |  Investments

French artificial intelligence startup Mistral AI reportedly raised 600 million euros (about $640 million) in a Series B funding round. The fundraise values the startup...

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Morgan Stanley: AI Helps Financial Advisers Save Time, Anticipate Needs
Morgan Stanley: AI Helps Financial Advisers Save Time, Anticipate Needs
June 10, 2024  |  Artificial Intelligence

The ability of artificial intelligence to transcribe conversations and categorize them by topic can save financial advisers 10 to 15 hours per week, Morgan Stanley...

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Interoperability and Extensibility Will Define New Era for B2B Payments
Interoperability and Extensibility Will Define New Era for B2B Payments
June 10, 2024  |  B2B Payments

As the world gets increasingly globalized, the ways that businesses transact become more important. With the Bank for International Settlements’ Committee on Payments and Market...

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AI Explained: Reinforcement Learning’s Profit Potential
AI Explained: Reinforcement Learning’s Profit Potential
June 10, 2024  |  artificial intelligence

In the world of commerce, businesses are always on the lookout for an edge, and reinforcement learning, a rapidly growing subfield of artificial intelligence (AI),...

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Michael Kors Offers Customers Mastercard’s AI-Powered ‘Muse’
Michael Kors Offers Customers Mastercard’s AI-Powered ‘Muse’
June 10, 2024  |  Retail

Fashion retailer Michael Kors adopted Mastercard’s artificial intelligence-powered shopping assistant. The retailer is the first to make Shopping Muse available to its customers via an...

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Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
June 07, 2024  |  Investments

Seven AI raised $36 million in its initial round of funding to support its mission of arming companies with artificial intelligence-powered cybersecurity solutions. “With attackers...

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Apparel Retailers Use New AI Features to Reduce Online Returns
Apparel Retailers Use New AI Features to Reduce Online Returns
June 07, 2024  |  Retail

As clothing brands and retailers continue to struggle with the costly problem of returns, many are turning to artificial intelligence to help consumers buy products...

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