Interesting News from Around the World
Exploring the Early Adoption and Barriers of Generative AI in Financial Services Generative AI, a technology that has the potential to revolutionize industries, is gaining traction in the financial sector. With the ability to automate time-consuming tasks and unlock valuable insights, generative AI could significantly impact the industry’s operations. However, separating the hype from the…
Researchers at The University of Texas at Austin Develop Compact Particle Accelerator with Potential Applications in Various Fields Particle accelerators have long been used for scientific research and medical applications, but their large size and cost have limited their accessibility. However, a team of researchers from The University of Texas at Austin, in collaboration with…
McKinsey Report Highlights the Massive Economic Value of Generative AI in Banking Generative AI, a groundbreaking technology that has the potential to revolutionize industries, is gaining traction in the financial sector. A recent McKinsey report estimates that generative AI could add trillions of dollars annually to the global economy. The banking industry, in particular, stands…
Computer scientist Joy Buolamwini sheds light on the social implications of biased facial analysis systems in her new book, “Unmasking AI: My Mission to Protect What Is Human in a World of Machines. In a world increasingly reliant on artificial intelligence (AI), computer scientist Joy Buolamwini has uncovered a disconcerting truth: facial recognition software is…
Lytus Technologies’ new venture, Lytus Digital, aims to serve the growing global demand for technology engineering services by offering a suite of high-quality technology solutions that address enterprise pain points and improve customer interactions. Despite macroeconomic challenges and geopolitical tensions, businesses continue to invest in technology and IT solutions to drive business transformation and enhance…
Exploring the Early Impact and Barriers of Adoption As generative AI continues to make waves across industries, its potential impact on the global economy is becoming increasingly evident. According to a McKinsey report, generative AI has the potential to add trillions of dollars annually to the global economy, with the banking industry being one of…
Computer scientist Joy Buolamwini sheds light on the social implications of biased facial analysis systems Computer scientist Joy Buolamwini made a startling discovery during her time as a graduate student at MIT – the facial recognition software she was working on failed to detect her dark skin, only registering her presence when she wore a…
Lytus Digital offers high-quality technology solutions to drive digital transformation and improve customer offerings. Despite macroeconomic challenges and geopolitical tensions, businesses continue to invest in technology and IT solutions to transform their operations and enhance customer experiences. Lytus Technologies recognizes the growing global demand for technology engineering services and aims to fulfill it through its…
Exploring the Early Impact and Barriers of Generative AI Deployment in the Financial Sector The advent of generative AI has sparked excitement and speculation across industries, with the potential to revolutionize various sectors. In financial services, where digital tools are already extensively utilized, the impact of generative AI is expected to be significant. McKinsey estimates…
Study reveals the widespread adoption and impact of video game technology in various sectors The UK video game industry has long been recognized as a powerhouse, but a new report sheds light on its far-reaching influence beyond gaming. According to a study conducted by FTI Consulting and UKIE, video game technology used by non-gaming industries…
Lytus Technologies launches Lytus Digital, a suite of high-quality technology solutions, to meet the needs of the global SME sector and drive digital transformation. Despite macro headwinds and geopolitical tensions impacting the global economy, businesses are still investing in technology and IT solutions to drive business transformation and enhance customer offerings. Lytus Technologies, a platform…
Exploring the Early Adoption and Challenges of Generative AI in Financial Services As the world embraces the possibilities of artificial intelligence (AI), the financial sector stands to benefit significantly from the emergence of generative AI. A recent McKinsey report estimates that generative AI could add trillions of dollars to the global economy annually, with the…
Founder of Malaysian Think Tank Highlights the Importance of ASEAN-Japan Partnership for Climate Change and Food Security As the Association of Southeast Asian Nations (ASEAN) and Japan prepare to commemorate 50 years of friendship and cooperation, the founder of a prominent Malaysian think tank has emphasized the need for enhanced technological cooperation between the two…
Niagara Falls authorities employ advanced tools to recreate the scene and determine the cause of a tragic accident In a bid to unravel the mystery behind a fatal high-speed crash that occurred at a Niagara Falls border checkpoint, police are turning to cutting-edge 3D-scanning technology. The incident, which caused panic and led to the temporary…
The medical technology (MedTech) sector has immense potential for growth, and these 12 stocks offer promising investment opportunities. The medical technology industry, also known as MedTech, plays a crucial role in revolutionizing healthcare by developing innovative medical devices that improve disease prevention, diagnosis, and treatment. From life-saving implants to cutting-edge imaging instruments, MedTech companies have…
