Industry experts are debating the business impact of Meta’s free artificial intelligence (AI) model Llama 3.1, weighing its potential against practical implementation challenges. Boasting 405 billion parameters, the AI model claims performance comparable to proprietary competitors like GPT-4 and Claude 3.5 Sonnet. As Meta expands...
Mistral AI and Nvidia have introduced Mistral NeMo, an artificial intelligence (AI) model designed to bring advanced AI capabilities to standard desktop computers, widening access for large and small businesses. Mistral NeMo’s key feature is its ability to process up to 128,000 words simultaneously, handling...
Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. As ComplyAdvantage noted in a Wednesday (April 23) news release sent to PYMNTS, Golden is “automating the construction of one of the world’s largest knowledge graphs,” which shows interconnected data points and their relationships for analyzing complex information. ...
The relationship between mankind and machine is undergoing a fundamental transformation. For the first time in history — at least outside of TV shows like “Knight Rider” and movies like “Cars” and “The Love Bug” — cars can now talk back to, and communicate with,...
March 14, 2024
The relationship between mankind and machine is undergoing a fundamental transformation. For the first time in history — at least outside of TV shows like “Knight Rider” and movies like “Cars” and “The Love Bug” — cars can now talk back to, and communicate with, their drivers and passengers. And it is all thanks to […]
May 09, 2023
Whether it’s desk or cell phones, videoconferencing platforms or software-based trading systems, voice remains the primary communication tool for financial markets. As a result, audio files and video recordings are...
July 30, 2018
Imagine you were traveling on business and you just arrived into town and had an emergency. Your luggage was sent to the wrong city or you were late for a...
September 03, 2024
Lloyds Bank has launched a collaboration with artificial intelligence (AI) platform Cleareye.ai. The partnership, announced Tuesday (Sept. 3) and said to be the first of its kind in the U.K., will use AI to streamline processing and compliance checking for trade finance documentation. The effort will use Cleareye.ai’s ClearTrade technology and is set to be […]
April 24, 2024
Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. As ComplyAdvantage noted in a Wednesday (April 23) news release sent to PYMNTS, Golden is “automating the construction of one of the world’s...
May 25, 2017
As technology continues to advance various aspects of consumers everyday lives, businesses have started following suit over the past few years to help keep up with demand. As such, it...
