TechREG

Regulators Blame Signature for Own Failure and Themselves for SVB’s

Regulators Blame Signature for Own Failure and Themselves for SVB’s
Regulators Blame Signature for Own Failure and Themselves for SVB’s
April 28, 2023  |  Banking

In a scathing self-assessment, the Federal Reserve’s autopsy on Silicon Valley Bank’s failure puts blame partially on its own doorstep, as regulator reports on Signature...

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Big Tech Leans on AI to Stabilize After Brutal Year
Big Tech Leans on AI to Stabilize After Brutal Year
April 28, 2023  |  Big Tech

It has been a challenging period for even the largest players in the tech industry. But this week’s earnings show that sector leaders like Amazon,...

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Basware Adds AI to Automatically Handle Exception Invoices
Basware Adds AI to Automatically Handle Exception Invoices
April 27, 2023  |  B2B Payments

Basware is now using artificial intelligence (AI) to address, correct and automate exception invoices. The company’s SmartPDF, which already extracted data from PDF invoices and turned...

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Meta Says Generative AI and the Metaverse Will Evolve Together
Meta Says Generative AI and the Metaverse Will Evolve Together
April 26, 2023  |  Earnings

While its Reality Labs unit continues hemorrhaging money, Meta is far from giving up on the metaverse, even as it pursues other less visionary projects...

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Companies Tap Their Own Data to Drive Efficiencies With AI
Companies Tap Their Own Data to Drive Efficiencies With AI
April 26, 2023  |  Artificial Intelligence

Today’s data-driven, digital landscape is transforming and optimizing business processes in ways previously unimaginable. Top executives at Alphabet, Microsoft and Bank of America (BoA) and...

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Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
April 25, 2023  |  Earnings

Generative AI is having transformational impacts on Microsoft, which is infusing its entire product suite from Dynamics 365 to Azure to Teams and beyond with...

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US Regulators Say AI-Powered Decisions Must Follow the Law
US Regulators Say AI-Powered Decisions Must Follow the Law
April 25, 2023  |  Artificial Intelligence

Decisions made for companies by artificial intelligence (AI) still have to adhere to the law. So said four federal agencies in a joint statement released...

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Yelp Hoping LLMs and AI can Boost Its Search Features
Yelp Hoping LLMs and AI can Boost Its Search Features
April 25, 2023  |  Artificial Intelligence

Yelp is the latest tech company hitching its wagon to the artificial intelligence star. The business director and review forum on Tuesday (April 25) rolled...

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