Startup Archives | Page 56 of 71

Robotic Process Automation In Fintech

Empowering Global Growth: How Generative AI Transforms Airwallex’s Operations

The rapidly evolving realm of artificial intelligence has revolutionized various industries, and Airwallex, a global financial technology company, is no exception. Harnessing the power of generative AI, Airwallex has experienced a profound transformation in its operations, enhancing efficiency, accuracy, and customer success. This article delves into the ways generative AI has empowered Airwallex to streamline processes, drive global expansion, and

December 11, 2023

AI and ML

Juergen Mueller’s Mission: Revolutionizing Business Processes with AI at SAP

In the ever-evolving world of technology, Artificial Intelligence (AI) has emerged as a game-changer for businesses across industries. SAP, a leading enterprise software company, has embraced this transformative technology with its own AI initiative called Gen AI. By integrating over 130 AI use cases into its software, SAP aims to revolutionize business processes and drive efficiency like never before. Machine

December 11, 2023

Data Centres and Virtualization

Digital Realty and Blackstone Announce $7 Billion Joint Venture for Hyperscale Data Center Development

In a move to meet the escalating demand for data centers, Digital Realty has partnered with Blackstone to establish a $7 billion joint venture. This collaborative effort aims to develop four hyperscale data center campuses, with the potential to support a total of 500MW of IT load across 10 data centers once fully constructed. With construction already underway for 46MW

December 8, 2023

AI and ML

Riding the Wave of High Venture Capital Inflow: An Examination of Generative AI Investments in 2023

In the ever-evolving world of venture capital investments, one sector has managed to shine despite the overall decline. Startups in the generative AI space have experienced remarkable success, securing notable funding and attracting big-name investors. This article delves into the funding trends in AI startups and highlights the impact of “mega-deals” on the industry. Funding Trends in AI Startups With

December 8, 2023

AI and ML

Battle of the Tech Titans: Google’s Gemini & Musk’s XAI Stir Up the AI Landscape

In the fast-paced world of artificial intelligence (AI), tech giants are constantly vying for the top spot. Google recently entered the arena with its Gemini large language model, joining the race to dominate the generative AI (GenAI) market. This move comes as no surprise, considering the urgent need for companies to demonstrate relevance in this emerging field. The Emergence of

December 8, 2023

Robotic Process Automation In Fintech

Janover Inc. Introduces AI Chatbot Interface as SaaS Model, Revolutionizing Commercial Lending Experiences

Janover Inc., a leading AI-enabled platform for commercial real estate transactions, recently announced a groundbreaking development in its services. The company is now offering its highly efficient AI chatbot interface under a software-as-a-service (SaaS) model to a select number of commercial lenders. This move aims to transform the way lenders engage with borrowers and enhance the overall customer experience in

December 7, 2023

Data Centres and Virtualization

Digital Edge Conducts Data Center Robot Trials in the Philippines

Robotic automation has revolutionized various industries, and now it is making its way into the world of data centers. Taking a significant step forward in this realm, APAC operator Digital Edge is conducting data center robot trials in the Philippines. These trials showcase the potential for robots to streamline operations, enhance security, and improve overall efficiency in data center management.

December 6, 2023

Embedded Finance

The Game-Changing Potential of Banking-as-a-Service (BaaS) for Non-Banking Businesses

In today’s rapidly evolving digital landscape, banking-as-a-service (BaaS) has emerged as a game-changer, offering non-banking businesses the opportunity to provide financial services to their customers. BaaS enables businesses to leverage the infrastructure and expertise of existing banks, while also benefiting from the automation and digitization of services. This article explores the numerous advantages of BaaS for non-banking businesses, including lowered

December 6, 2023

FinTech Insurance

InsurTech NY Seals Successful Completion of Its Fourth Diverse Growth-Stage Accelerator Cohort

InsurTech NY, the largest InsurTech community in North America, recently completed its fourth growth-stage InsurTech accelerator cohort. As the demand for innovative solutions in the insurance industry continues to grow, InsurTech NY plays a crucial role in supporting startups and fostering their development. Selection Process Out of a remarkable pool of over 155 applicants hailing from 20 countries around the

December 4, 2023

DevOps

Investor Demo Day: Showcasing the Future of Web3 Startups Amid a Declining Funding Trend

The most recent data highlights a significant decline in funding for Web3 startups in 2023. With only around $6 billion raised so far, compared to over $25 billion in funding the ecosystem enjoyed in 2022, the current landscape presents new challenges for entrepreneurs in the Web3 industry. However, the year began with a flourishing start, witnessing a flurry of substantial

November 30, 2023

FinTech Insurance

Lassie Raises €23m in Series B Funding Round Led by Balderton Capital, Revolutionizing the Pet Insurance Industry

Lassie, a trailblazing InsurTech startup, has recently made waves in the industry by successfully raising €23m in a Series B funding round led by Balderton Capital. This substantial funding round not only demonstrates Lassie’s potential but also signifies the growing interest in innovative solutions within the pet insurance sector. With a unique approach that combines insurance and wellness coaching, Lassie

November 29, 2023

AI and ML

Monetization, Ethics, and Leadership Shaken Up: A Deep Dive into OpenAI’s Recent Controversy and the Future of AI Industry

The leadership controversy surrounding AI startup OpenAI illustrates the perils of AI companies as the temptation to tap into monetization-oriented funding sources grows ever stronger. While the sky-high costs of training and developing AI models make it nearly impossible to avoid becoming enmeshed with commercially-aligned venture firms and tech giants, the risks associated with such partnerships cannot be ignored. This

November 29, 2023