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 a Guest Management Platform and is rolling out guest-facing AI, Canary said in a Wednesday (June 12) press release. With...
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 banking experience — and its relatively monolithic core architecture — to adapt to technological, behavioral and market disruptions. With the...
Artificial intelligence startup Luma AI unveiled a tool that can generate realistic video footage from a few lines of text, opening up new possibilities for rapid video creation. The company’s “Dream Machine” platform, now available to the public, allows anyone to type in a descriptive...
The artificial intelligence boom is reshaping the technology landscape as industry giants Broadcom, Oracle and Samsung make moves to capitalize on the demand for AI chips and cloud computing resources. From soaring stock prices to ambitious sales targets and chip technologies, these companies are positioning...
June 07, 2024
As Amazon and Walmart compete for retail dominance, the two industry giants are implementing generative artificial intelligence across the supply chain to cut costs and boost profits. Amazon shared in a Monday (June 3) blog post how it is using AI at select sites to reduce returns through its “Project P.I.” model, named to suggest […]
June 05, 2024
For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. Self-driving vehicles, across commercial, personal and industrial use, have the potential to transform — and...
June 03, 2024
The artificial intelligence chip race is heating up. In a bid to outpace rivals Nvidia and Intel, AMD unveiled a suite of cutting-edge AI chips at the Computex tech conference...
May 30, 2024
In an era of rapid technological advancement, there remain certain immutable aspects — particularly for payments. When it comes to the way businesses and consumers transact, speed, security and convenience...
June 14, 2024
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 a Guest Management Platform and is rolling out guest-facing AI, Canary said in a Wednesday (June 12) press release. With the new funding, the company will continue building its team, […]
June 13, 2024
Has the FinTech industry hit bottom after years of skyrocketing investments? That seemed to be the sentiment among some executives and investors at the Money20/20 event in Amsterdam earlier this...
June 13, 2024
AccountsIQ secured 60 million euros (about $65 million) in a Series C investment to support continued product development and to embed artificial intelligence throughout its cloud-based accounting platform designed for...
June 13, 2024
An increasing number of artificial intelligence founders want to sell their firms. That’s according to Clément Delangue, co-founder and CEO of AI startup Hugging Face, which agreed to acquire a...
