The CFO’s Quest in an AI-first World

A new research study with HFS Research from Genpact (helping leading finance organizations with digital transformation) found that leading CFOs expect AI to be the “future” of their company. The CFOs surveyed – including chiefs from HP, HSBC, Trinity Health and more – see the biggest potential for data analysis, customer integration and forecasting, but also expressed concern about how to take the next step. 

The Importance of AI in the Financial Industry

In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how AI has emerged as a transformative force across various sectors, and the financial industry is no exception. With its ability to process vast amounts of data, uncover patterns, and make predictions with unprecedented accuracy, AI is reshaping how financial institutions operate, manage risks, and serve their clients. This article explores the multifaceted impact of AI in the financial industry, highlighting its critical role in enhancing efficiency, improving decision-making, and fostering innovation.

Announcing insideAI NEWS – Illuminating AI’s Frontiers: Your Go-To News Destination

insideBIGDATA, the leading source for news and insights about artificial intelligence, is proud to announce the relaunch and rebranding of the publication as insideAI News. The revamped platform will offer comprehensive coverage of AI  technology and implementation strategies across multiple industries, including healthcare, security, financial services, automation, and agriculture.

Harnessing Big Data for Sustainable Financial Decisions

In this contributed article, freelance writer Ainsley Lawrence suggests that in the financial sector, decision-making often comes with a higher degree of risk, but with insights provided by big data, those risks can be mitigated, leading to increased revenue and enhanced efficiency. 

Brightwave Secures $6 Million Seed Round to Launch AI-Powered Financial Research Assistant

Brightwave, the AI-powered research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding. The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures, and angel investors including executives from OpenAI, Databricks, Uber, and LinkedIn. Founded by engineers with deep knowledge in AI and finance infrastructure, co-founders Mike Conover and Brandon Kotara have over 20 years combined experience building AI and machine learning products

FinTech Studios® Launches Apollo PRO® and RegLens PRO® Market Intelligence and Regulatory Intelligence Apps Powered with Conversational Generative AI 

FinTech Studios Inc., a leading Gen AI platform for enterprise search, market intelligence and regulatory intelligence, announced Apollo PRO and RegLens PRO, the most advanced generative AI enterprise search, market intelligence and regulatory intelligence apps that includes a “conversational chat” interface and contextually relevant “suggested prompts”, seamlessly integrated with millions of authoritative sources of web and enterprise content.

Counteracting Financial Crimes with Generative Models 

In this contributed article, editorial consultant Jelani Harper discusses generative models, synthetic data, and combating financial crimes. Generative models are gradually reshaping the nature of financial crimes. They can help and hinder both investigators and the fraudsters perpetuating criminal activity.

Video Highlights: The Best AI Startup Opportunities — with Venture Capitalist Rudina Seseri

In this video presentation, our good friend Jon Krohn, Co-Founder and Chief Data Scientist at the machine learning company Nebula, sits down with Rudina Seseri from Glasswing Ventures to answer the question: “What has Glasswing Ventures done for the company beyond capital investment?” Rudina describes how her company uses data to assess venture capital investments, the secret sauce of successful AI startups, and why she feels generative AI is only the start of a much broader impact that AI will make in communities and businesses.

Survey Shows that More than 90% of Insurers Plan to Increase AI Investment – Top 4 Trends for Insurers in 2024

To glean insights, Gradient AI conducted a survey  among 100+ customers across diverse insurance companies, revealing four noteworthy AI trends influencing the future landscape of the insurance sector.

AI Companies and Applications have a lot to Prove in 2024

In this contributed article, Saad Siddiqui, General Partner at Telstra Ventures, indicates that while there are plenty of risks for VCs in AI right now, they’re overwhelmingly outweighed by the potential benefits. As AI adoption continues to gain momentum, the task in 2024 will be making strategic investments in companies and applications capable of maximizing the value of the most revolutionary technology in the world.