Technology

Technology is the sum of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation.

Source: en.wikipedia.org

Spain’s Kfund Raises $75 Million for AI and Data Projects
Spain’s Kfund Raises $75 Million for AI and Data Projects
June 17, 2024  |  Investments

Spanish venture capital (VC) firm Kfund has raised $75 million to fund tech projects. The company announced the new fund Monday (June 17), saying it would help support founders...

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The Tiny Text Units Powering AI’s Language
The Tiny Text Units Powering AI’s Language
June 17, 2024  |  artificial intelligence

In the ever-evolving landscape of artificial intelligence (AI), a transformative force is at play in the realm of large language models (LLMs): the token. These...

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McDonald’s Pauses Drive-Thru AI Chatbot Test Despite Growth in Voice Economy
McDonald’s Pauses Drive-Thru AI Chatbot Test Despite Growth in Voice Economy
June 17, 2024  |  artificial intelligence

After two years of testing, McDonald’s has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to...

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Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
June 17, 2024  |  Partnerships

Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global...

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This Week in AI: Why the Big Fuss Over Luma?
This Week in AI: Why the Big Fuss Over Luma?
June 14, 2024  |  artificial intelligence

This week in artificial intelligence news, AI is changing shopping experiences and generating video content across various sectors. This week’s developments showcase the technology’s potential, with...

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Nvidia Unveils Open Model That Creates LLM Training Data
Nvidia Unveils Open Model That Creates LLM Training Data
June 14, 2024  |  artificial intelligence

As concerns grow that large language models (LLMs) are running out of high-quality training data, Nvidia has released Nemotron-4 340B, a family of open models...

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Canary Raises $50 Million to Deploy AI for Hospitality Industry
Canary Raises $50 Million to Deploy AI for Hospitality Industry
June 14, 2024  |  Investments

Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. The company offers...

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Why Banks Are Starting to Care About MACH Architecture
Why Banks Are Starting to Care About MACH Architecture
June 14, 2024  |  Digital-First Banking

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  That’s why the finance industry must continually modernize the...

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State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
June 14, 2024  |  Identity

The U.S. State Department recently announced it is beta testing a public-facing program that enables would-be travelers to renew passports online. As of this week,...

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