Virgin Money Forced to Apologize After Chatbot Threatens to Cut Off Bank Customers Who Use the Word 'Virgin'
Financial services company Virgin Money was forced to apologize after its AI-powered chatbot threatened to cut off bank ...
Commonwealth Bank launches new AI tool to 'reimagine banking': 'Faster and safer'
The country’s biggest bank has entered a five-year collaboration with Amazon Web Services (AWS), which it said marks the next ...
The Risk of AI-Driven Banking Commoditization
In the near future, the banking industry will undergo a radical transformation as AI reshapes financial services.What was once a sector characterised by huge investment, scale, regulation and ...
How Elon Musk built an AI moat around Tesla impervious to DeepSeek’s ‘Sputnik moment’
If anything, potentially less demand for Nvidia’s AI training chips could actually benefit the EV manufacturer.
Zaggle raises FY25 revenue growth guidance to 58-63%, net profit up 33% in Q3FY25
Zaggle’s Q3FY25 revenue surged 69% to ₹336.4 crore, attributed to higher programme fees and propel revenue growth. Profit ...
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L&T Finance Launches AI-Powered Home Loan Advisor
Powered by a specialised LLM & RAG technology, KAI draws insights from LTF documents, ensuring users receive precise, ...
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How Gen AI means better customer experiences - see one bank's approach
Gaining a competitive advantage from generative AI (Gen AI ... this personalized approach because the bank introduced Cora, its first-generation chatbot, in 2017. Cora could answer basic questions ...
Trump’s Inflation and AI Are More Important Than the Fed
Today, as the Federal Reserve emerges from its latest policy meeting with a well-anticipated stay-put stance, there’s plenty ...