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

AccountsIQ Raises $65 Million to Embed AI in Accounting Platform
AccountsIQ Raises $65 Million to Embed AI in Accounting Platform
June 13, 2024  |  Investments

AccountsIQ secured 60 million euros (about $65 million) in a Series C investment to support continued product development and to embed artificial intelligence throughout its...

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AI Innovations Transform B2B Risk Management, Compliance Into Growth Engines
AI Innovations Transform B2B Risk Management, Compliance Into Growth Engines
June 13, 2024  |  Artificial Intelligence

As the business landscape grows more digitally connected, real-time compliance is growing more important. Citi announced Wednesday (June 12) that Emirates NBD became the first...

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AI Founders Race to Sell Out to Larger Players
AI Founders Race to Sell Out to Larger Players
June 13, 2024  |  Artificial Intelligence

An increasing number of artificial intelligence founders want to sell their firms. That’s according to Clément Delangue, co-founder and CEO of AI startup Hugging Face,...

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OpenAI Bolsters Lobbying Arm Amid Regulatory Pressure
OpenAI Bolsters Lobbying Arm Amid Regulatory Pressure
June 13, 2024  |  Artificial Intelligence

OpenAI is reportedly expanding its lobbying department as the artificial intelligence industry faces more regulatory oversight. The multibillion-dollar AI startup aims to have 50 members...

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Trustly Unveils AI-Powered Recurring Payments Solution in Europe
Trustly Unveils AI-Powered Recurring Payments Solution in Europe
June 13, 2024  |  Artificial Intelligence

Trustly unveiled an artificial intelligence-powered recurring payments solution that is designed to streamline subscription payments. By automating these payments, the new Trustly Recurring Payments aims...

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Epicor Adds Product Information Management Capabilities With Kyklo Acquisition
Epicor Adds Product Information Management Capabilities With Kyklo Acquisition
June 12, 2024  |  Acquisitions

Epicor acquired Kyklo to further its aim of providing businesses with “easy-to-use, practical, outcome-focused and responsible AI.” The acquisition will add Kyklo’s product information management...

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Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024  |  Artificial Intelligence

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6...

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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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