artificial intelligence

artificial intelligence
AI Giants Race to Deploy Digital Customer Service Agents
October 24, 2024

Microsoft’s rollout of autonomous artificial intelligence (AI) agents marks one of Big Tech’s boldest pushes yet to unleash software that can independently handle customer service and business tasks with minimal human oversight. The move, challenging Salesforce’s recent entry into intelligent automation, shows how enterprise software...

artificial intelligence
Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting
October 24, 2024

Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. To help financial institutions of all sizes customize their credit, pricing and fraud policies, the consumer and small business deposit and...

artificial intelligence
VAT4U Adds AI-Powered Capabilities to VAT Management Platform
October 24, 2024

VAT4U has added generative artificial intelligence (AI)-powered capabilities to simplify value-added tax (VAT) processes. The upgraded VAT4U SmartAI engine focuses on helping businesses manage VAT for accounts payable (AP) and travel and expenses (T&E), the company said in a Thursday (Oct. 24) press release. “With...

artificial intelligence
AWS and Box Partner to Help Businesses Build AI Applications
October 24, 2024

Users of the Box intelligent content management platform can now use Amazon Bedrock to build applications with their data and foundation models, starting with Anthropic’s Claude and Amazon Titan. Made generally available Thursday (Oct. 24), this capability results from a newly expanded strategic partnership between...

artificial intelligence
Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
October 24, 2024

In a flurry of funding announcements, Infinitus Systems secured $51.5 million to automate healthcare calls, TollBit raised $24 million to help publishers monetize artificial intelligence (AI) content usage and Attention pulled in $14 million to enhance sales conversation analysis. The investments signal growing market confidence...

artificial intelligence
Perplexity Aims to Form Revenue-Sharing Partnerships With News Publishers
October 23, 2024

Perplexity CEO Aravind Srinivas reportedly said Wednesday (Oct. 23) that he was surprised by a lawsuit filed Monday (Oct. 21) by two News Corp-owned publishers and that he was interested in a “proper commercial discussion.” Speaking at WSJ Tech Live two days after Perplexity was...

artificial intelligence
Anthropic’s Computer-Controlling Agents Open Door to Real World Uses, Experts Say
October 23, 2024

Anthropic has unleashed AI agents that can surf the web and control computers, intensifying the race to commercialize AI assistants that can actually get things done. The move puts Anthropic in direct competition with tech giants Microsoft, Google, and OpenAI, who are all vying to...

artificial intelligence
AI Shows Promise in Bridging Business Divides, Experts Say
October 23, 2024

AI software that crafts consensus statements from opposing viewpoints could one day be a tool for smoothing corporate negotiations and stakeholder disputes. A new breed of artificial intelligence system can analyze conflicting positions and generate balanced group statements that capture majority and minority perspectives. This...

artificial intelligence
Kasisto Appoints Lance Berks as CEO to Drive Growth in Conversational AI for Financial Services
October 23, 2024

Conversational artificial intelligence (AI) — the use of machine learning to facilitate natural language conversations between humans and machines — continues to make inroads in the financial services sector. In a press release issued Wednesday (Oct. 23), Kasisto announced some leadership changes, naming Lance Berks as...