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Keywords: AI
Wall Street's biggest banks are rapidly expanding their use of artificial intelligence-powered digital assistants as they seek to improve efficiency, streamline operations and gain a competitive advantage in an increasingly technology-driven financial sector. From wealth management and customer......
Korean Air reported a sharp decline in second-quarter operating profit as higher fuel costs weighed on earnings, even as the airline posted its highest-ever revenue for a second quarter thanks to robust passenger demand and a booming cargo business. The South Korean flag carrier said strong inbound......
Samsung Electronics is accelerating the development of its semiconductor manufacturing network by bringing forward the launch of its first chip fabrication plant in Yongin, South Korea. The facility is now expected to begin operations in 2029, two years earlier than originally planned, as the company......
Meta has suspended its newly launched AI-powered image generation feature, Muse Image, only three days after its debut, following criticism over how the tool could use publicly available Instagram photos. The decision marks a setback for the technology company as it continues expanding generative artificial......
Tata Consultancy Services (TCS) is significantly expanding its artificial intelligence strategy by creating a specialized workforce of up to 8,900 forward-deployed engineers while actively exploring acquisitions in AI, cybersecurity and data security to strengthen its technology portfolio. The initiative......
South Korean memory chip manufacturer SK Hynix has secured $26.5 billion ahead of its Wall Street debut, marking one of the largest capital raises ever completed before a stock market listing. The company announced on Friday that it had priced the shares to be offered in its U.S. listing later in the......
TikTok is strengthening its efforts to detect and remove accounts dedicated exclusively to publishing low-quality content generated by artificial intelligence, as the platform seeks to improve user trust and protect original creators. The social media company announced on Friday that it will begin testing......
Meta Platforms has officially opened developer access to Muse Spark 1.1, the latest version of its flagship reasoning AI model, marking a significant step in the company's effort to compete directly with leading AI providers such as OpenAI and Anthropic. Announced on Thursday, the public preview......
U.S. technology company Palantir Technologies has filed a legal challenge against the decision to block a proposed £50 million contract with London's Metropolitan Police, arguing that political considerations improperly influenced the procurement process. The dispute centers on a two-year......