AI Newswire (Page 37)

LONDON and NEW YORK, Sept. 25, 2024 /PRNewswire/ -- A widening 'AI maturity gap' threatens business performance as leaders significantly overestimate their organizations' AI readiness while employees lack crucial training. This is according to a new report from AI skills platform, Multiverse, which reveals stark differences between executives and workers over AI effectiveness, how to measure impact, and the need for training and skills.

With Operation AI Comply, agency announces five law enforcement actions against operations that use AI hype or sell AI technology that can be used in deceptive and unfair ways September 25, 2024 -- The Federal Trade Commission is taking action against multiple companies that have relied on artificial intelligence as a way to supercharge deceptive or unfair conduct that harms consumers, as part of its new law enforcement sweep called Operation AI Comply. The cases being announced today include actions against a company promoting an AI tool that enabled its customers to create fake reviews, a company claiming to sell “AI Lawyer” services, and multiple companies claiming that they could use AI to help consumers make money through online storefronts. “Using AI tools to trick, mislead, or defraud people is illegal,” said FTC Chair Lina M.

The company is partnering with global financial institutions to supercharge risk detection and communications compliance using Generative AI PORTLAND, Ore., Sept. 25, 2024 /PRNewswire/ -- Smarsh®, the global leader in digital communications data and intelligence, today announced its AI-powered Intelligent Agent. This groundbreaking product leverages advanced large language models (LLMs) to streamline the review, escalation, and disposition of alerts generated within Smarsh's Enterprise Conduct Surveillance solution.

NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Lucinity, an AI-powered FinCrime investigation platform, and Resistant AI, specialists in fraud and money laundering detection, have partnered to enhance financial crime detection. In 2023, $3.1 trillion in illegal transactions occurred globally, including more than $800 billion tied to drug trafficking, $350 billion to human trafficking, and $500 billion lost to fraud.

SAN FRANCISCO, Sept. 24, 2024 /PRNewswire/ -- Plato Systems, a pioneer in using Spatial AI in manufacturing, today announced it has joined NVIDIA Metropolis, a partner program focused on bringing to market a new generation of vision AI applications. Plato is thrilled to collaborate with NVIDIA Metropolis to optimize global manufacturing operations with advanced AI Plato Systems' operations digital twin platform creates a continuous digital replica of physical operations in industrial sites, and helps manufacturers by providing unique insights that can optimize productivity.

New Release Enhances AI-Driven Insights, Reduces Downtime, and Empowers IT Operations Teams with Unified AIOps Solutions SANTA CLARA, Calif., Sept. 23, 2024 /PRNewswire/ -- Selector AI, the leader in network and infrastructure AIOps, today announced a series of novel innovations, including the industry's first Network Language Model (NLM), enhanced digital twin capabilities, and programmable synthetics. These advancements are designed to help businesses drastically reduce operational complexity, resolve issues faster, and accelerate decision-making through AI-powered insights.

LONDON and NEW YORK, Sept. 23, 2024 /PRNewswire/ -- PolyAI, a pioneer in voice AI solutions for customer experience and service, today announced a partnership with OpenTable, a global leader in restaurant technology, expanding PolyAI's guest-led voice assistants to enterprise restaurants. Locations that opt in will be able to take reservations over the phone, answer questions, gain visibility in customer trends, and deliver on-brand experiences - all while alleviating staff time and resources. "Our integration with PolyAI is a new way we can drive efficiencies for our restaurants, and diners." - OpenTable CSO This alliance delivers PolyAI's lifelike voice AI to help restaurants tackle challenges around staffing and provide consistent hospitality, even off premise.

Advanced mobile assistant intended to amplify business operations and customer engagements powered by multi-modal AI workflows CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced that it is working to develop an artificial intelligence (AI)-enabled Multi-Modal Intelligent Agent for Honeywell mobile devices powered by Qualcomm Technologies, Inc. The agent will allow workers and customers in the distribution center and retail industries to interact naturally with their handheld devices through voice, pictures, and barcodes.

New AI foundation model offers insights beyond forecasting for scientists, developers, and businesses to better understand and analyze weather and climate data YORKTOWN HEIGHTS, N.Y., Sept. 23, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced a new AI foundation model for a variety of weather and climate use cases, available in open-source to the scientific, developer, and business communities. Developed by IBM and NASA, with contributions from Oak Ridge National Laboratory, the model offers a flexible, scalable way to address a variety of challenges related to short-term weather as well as long-term climate projection.

Over half (54%) of professionals surveyed believe technologies like Gen erative AI pose the highest ethical risk compared to other emerging technologies NEW YORK, Sept. 23, 2024 /PRNewswire/ -- While widespread use of Generative AI (GenAI) has broadened awareness of its potential benefits, concerns about the risks its misuse poses to businesses and individuals remain top of mind, according to Deloitte's third annual report on the " State of Ethics and Trust in Technology." Among the over 1,800 professionals surveyed for 2024's report, 46% of individuals believe cognitive technologies have the potential to create the most social good when used responsibly, up from 39% in 2023. However, like last year's report, over half (57% in 2023 and 54% in 2024) of respondents also said that cognitive technologies like AI and GenAI present the most severe ethical risks compared to other emerging technologies, underscoring the sustained need for ethical guidelines to govern its use.