Investing.com: Canadian banks lead AI adoption with efficiency gains on horizon, Jefferies says
Canadian banks are investing strongly in AI.
TechCrunch: Chinese brain interface startup Gestala raises $21M just two months after launch
Brain Computer Interfaces (BCIs) up to now have involved invasive surgery.
Crunchbase: Turing Winner LeCun’s New ‘World Model’ AI Lab Raises $1B In Europe’s Largest Seed Round Ever
Are world models taking over from LLM’s?
The Edge Singapore: DBS says AI and data analytics initiatives generated about $1 bil as CEO sees agentic AI systems ahead
DBS Bank is accelerating its use of AI across the organisation.
MLQ.ai: Australian Biotech Demonstrates Living Neural Tissue Successfully Playing DOOM Video Game
A very early stage alternative to the current AI approach.
ITPro: ‘A huge vote of confidence’: London set to host OpenAI’s largest research hub outside US
Recognition of the talent available as OpenAI opens their biggest research hub outside of the US in London.
Interesting Engineering: 97% in 9 minutes: BYD’s new EV battery ends range anxiety with ultra-fast charging
One of the first benchmarks for car charging has been reached.
CIO Dive: TD Bank eyes $150M in claims cost reductions — with help from AI
TD Bank expects to cut insurance claims costs by $150 million “in the medium term” through AI deployment, vendor optimization, fraud detection and process reengineering.
The Digital Banker: AI in action: How UOB is turning intelligence into impact
UOB has taken significant strides in leveraging AI through its innovative B-Score 2.0 methodology, which incorporates several AI-driven innovations.
BankingDive: HSBC names generative AI a leading investment area
HSBC named generative AI a key technology investment area during its recent earnings call.