CALGARY, AB, Oct. 7, 2024 /PRNewswire/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB), in collaboration with Microsoft, is harnessing the power of artificial intelligence (AI) to drive significant advancements in safety, emissions reduction, and asset optimization across its operations. Building on a strong digital foundation, the company began implementing AI over five years ago and is now leveraging it to support operational and environmental excellence. “Our long-term collaboration with Microsoft has enabled us to apply cutting edge technology, which is helping to solve critical business problems and deliver powerful outcomes,” said Bhushan Ivaturi, Senior Vice President and Chief Information Officer at Enbridge. “The investments…
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Singapore-based fintech ROSHI has released a comprehensive report on the future of digital lending, highlighting global trends for 2025 and beyond. SINGAPORE, Oct. 7, 2024 /PRNewswire/ — The report reveals significant growth projections across various sectors of digital lending. AI-powered lending models are expected to enhance credit risk assessment, potentially improving performance by 10-15% compared to traditional models. The global peer-to-peer lending market is projected to surpass US$705.81 billion by 2030, growing at a CAGR of 26.7% from 2022 to 2030. Decentralised Finance (DeFi) emerges as a major trend, with the market valued at USD 13.61 billion in 2022 and expected to expand at a CAGR of 46.0%…
WALNUT CREEK, Calif., Oct. 7, 2024 /PRNewswire/ — Solvd Inc., an end-to-end software engineering company and global technology consultancy, announced today the acquisition of U.S. based AI-consulting firm, EastBanc Technologies, setting a clear course for Solvd’s AI-driven strategy and new AI offerings. Washington, D.C.-based EastBanc Technologies is a leading IT consultancy with over 20 years of experience serving enterprise and government clients. It has core strengths in AI, Data, Infrastructure & DevOps, and Product Development that will help further evolve Solvd’s existing core offerings. The combination of Solvd and EastBanc brings together Solvd’s robust engineering capabilities with experts who recently authored the well-regarded…
Skills gaps, return-to-office policies, retirements and AI advances are reshaping the workforce. MENLO PARK, Calif., Oct. 7, 2024 /PRNewswire/ — Global talent solutions and business consulting firm Robert Half has released its 2025 Salary Guide, which reveals critical insights on hiring and compensation trends. The research examines labor market dynamics, benefits and perks, and starting salaries for hundreds of positions in various professional fields across the United States. Experience the full interactive Multichannel News Release here: https://www2.multivu.com/robert-half/9211551-en-robert-half-2025-salary-guide “There’s less churn in today’s market, which means employers are increasingly focused on strategies to keep their best employees and attract new candidates to address skills gaps,”…
Oracle Financial Services Investigation Hub cuts investigator time previously wasted on collecting data while delivering auto-generated narratives and intelligence needed to resolve cases up to 70% faster AUSTIN, Texas, Oct. 7, 2024 /PRNewswire/ — Oracle Financial Services Summit, New York – Enabling banks to investigate and resolve financial crime cases faster, Oracle today introduced the Oracle Financial Services Crime and Compliance Management Investigation Hub Cloud Service. The new AI-powered case management solution delivers a modern user experience that reduces manual tasks, removes data silos, and elevates the insights investigators need to focus their time on analysis and combating financial crime. “Bad actors are becoming increasingly sophisticated, leveraging…
SEOUL, South Korea, Oct. 7, 2024 /PRNewswire/ — Today, LG Innotek (CEO Moon Hyuksoo) announced the development and application of the industry’s first “Artificial Intelligence (AI)-based inspection system for incoming raw materials”, designed to detect defects at the point of receipt and prevent the use of substandard raw materials in the process. LG Innotek applied its AI-based inspection technology, developed by combining material information and AI image processing technologies, to the RF-SiP (Radio Frequency System-in-Package) process. Recently, the technology was also introduced for the FC-BGA (Flip Chip Ball Grid Array), and is expected to further enhance the competitiveness and quality of LG Innotek’s high-value semiconductor substrate…
Chartis Research’s RiskTech AI 50 recognizes Oracle for its excellence in AI innovation and deployment in risk technology NEW YORK, Oct. 7, 2024 /PRNewswire/ — Oracle Financial Services Summit — Oracle Financial Services has been named the category leader in the inaugural RiskTech AI 50 2024 report by Chartis Research, a global leader in risk technology research and analysis. Oracle secured the highest overall ranking amongst fifty industry players, highlighting its success in delivering powerful AI solutions – from infrastructure to AI-enabled applications – that are helping financial services organizations operate more efficiently and mitigate risk. The RiskTech AI 50 report recognizes leaders in the financial…
Funding round led by Lightspeed Venture Partners will enable company to scale quickly to meet customer demand SAN MATEO, Calif., Oct. 3, 2024 /PRNewswire/ — Today, Avarra, announced an $8 million seed round of funding and general availability of the industry’s first fully interactive, AI-avatar based enterprise application. The first iteration of this game-changing application solves the intractable, decades-old problem of effectively training and ramping up sales professionals. Avarra’s powerful simulation platform leverages large-language models (LLMs) and 3D-avatars to accurately simulate actual customer sales meetings. This enables sales professionals to virtually get the experience (“at-bats”) and in-depth coaching needed to be productive in weeks instead…
Agora Launches Conversational AI SDK, Integrated with OpenAI’s Realtime API to Power the Evolution of Natural, Voice-Driven AI Experiences SANTA CLARA, Calif., Oct. 3, 2024 /PRNewswire/ — Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced the launch of its revolutionary Conversational AI SDK, integrated with OpenAI’s Realtime API to allow developers to seamlessly bring engaging, voice-driven AI experiences to any app. This integration lets developers build conversational AI for a vast range of use cases and provide users with a more natural way to interact with AI than ever before. “Real-time conversational AI is the next step…
Round Led by TenOneTen with participation from the Amazon Industrial Innovation Fund PASADENA, Calif., Oct. 3, 2024 /PRNewswire/ — 3Laws, a leader in dynamic safety solutions for autonomous systems, has secured $4.1M in seed funding. The round is led by TenOneTen, with participation from the Amazon Industrial Innovation Fund. All pre-seed investors have chosen to maintain or increase their ownership in this round. “It’s a fantastic vote of confidence that all of our previous investors decided to reinvest without hesitation,” said Dr. Andrew Singletary, 3Laws Co-Founder and CEO. “We’ve made significant advances over the past decade, and yet most machines are still not operating autonomously.…