AI Push Sees Italy’s Intesa Axing 9,000 Jobs in ‘Generational’ Shift October 24, 2024 By Sonia Sirletti Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of...
SEC to Increase Scrutiny of AI Tools Used by Financial Brokers, Advisers October 22, 2024 By Nicola M. White The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year,...
Murdoch Firms Dow Jones and New York Post Sue Perplexity AI October 21, 2024 By Dawn Chmielewski Media baron Rupert Murdoch’s Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the...
90% of Insurers Have GenAI Budgets; 10% Can Fully Comply With AI Regs October 21, 2024 By Susanne Sclafane Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs...
Insurance Execs See Gen AI Necessary To Compete; Customers Wary October 18, 2024 Insurance industry investments in generative AI are expected to surge by over 300 percent from 2023 to 2025 as organizations...
EU AI Act Checker Reveals Big Tech’s Compliance Pitfalls October 17, 2024 By Martin Coulter Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity...
The Chief Artificial Intelligence Officer: Leading AI Innovation and Risk Management October 4, 2024 By John Farley Generative artificial intelligence (AI) has emerged as a new technology with the potential to completely reshape business practices and create...
FTC Crackdown on Companies Using AI Includes ‘Robot Lawyer,’ Content Generator September 26, 2024 By Chad Hemenway As its authority is routinely questioned, the Federal Trade Commission has filed complaints against five companies it said use artificial...
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies September 25, 2024 By Susanne Sclafane A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms...
Ex-Google Executive’s Startup to Use AI to Forecast the Weather September 19, 2024 By Lauren Rosenthal A startup founded by a former Google executive aims to use artificial intelligence to improve weather forecasting, joining technology behemoths...