Month: December 2023

Blend, a digital lending software firm, reportedly helps lenders achieve over 10x return on investment (ROI) through its Mortgage Suite, according to a study conducted by MarketWise Advisors LLC. The study analysed Blend’s operational and financial impacts based on feedback from 106 Blend clients. The software firm’s Mortgage Suite reportedly saved over 16 hours per … Read more Blend’s Mortgage Suite: Streamlined Digital Lending, Saving Resources through Automation

Bestseller, the owner of international menswear brand, Jack & Jones, is set to make a significant investment in automation. The Danish fashion group has partnered with automation expert, Knapp, to deliver the advanced technology required at the company’s newly proposed processing centre. The upcoming logistics centre is expected to be fully automated and operational by … Read more Bestseller, Jack & Jones chief, dives into automation at new hub

Leonardo Aerostructures, the aviation branch of Italy-based Leonardo Company, is revolutionising the way manufacturing is done via a project called NEMESI or New Engineering & Manufacturing Enhanced System Innovation. The NEMESI project will automate manufacturing processes and equip the workforce with necessary skills to engage with Industry 4.0 technologies. This aims to transform the Pomigliano … Read more NEMESI: Streamlining your tasks while cultivating the mind.

Ulta Beauty, in partnership with Luum Precision Lash, is piloting a lash application technology which uses artificial intelligence and robotics to apply false eyelashes faster and more efficiently. This partnership heralds the introduction of ‘beauty experience automation’. The first trial of this new technology is being conducted at Ulta’s South San Jose store in the … Read more Ulta steps up, pilots lash tech in beauty automation world.

OpenAI has suspended TikTok parent ByteDance’s account following allegations that ByteDance used OpenAI’s GPT AI technology to build its own rival chatbot service. ByteDance allegedly depended on OpenAI’s application programming interface (API) in almost all stages of its AI product’s development. The practice appears to be in violation of OpenAI’s terms of service, which prohibit … Read more ByteDance in timeout, OpenAI asserts misuse with GPT

AI professional Reza Naidji has been creating innovative artificial intelligence (AI) solutions focused on mental health issues and overall well-being. An AI-powered virtual coaching software with a psychological dimension that harnesses advanced AI techniques offers personalized recommendations, facial emotion recognition, conversational chatbots, and VR integration for an immersive therapeutic experience. Such solution aims to democratize … Read more Tech Today: AI Visionary Innovating Life Transformation Through Technology

Key Points Meta’s artificial intelligence (AI) and metaverse technologies have made significant advances in 2023, with concepts like generative AI and mixed reality becoming integrated into popular apps and devices. Future AI manifestations will work seamlessly in assisting with daily tasks without the need for prompting. Meta’s AI-powered Ray-Ban glasses demonstrate a new kind of … Read more Meta’s AI & Mixed Reality Journey Soars Sky-high

An artificial intelligence (AI) model trained on data from the entire population of Denmark can predict chances of early death more accurately than existing models, including those used by the insurance industry. The Life2vec model was trained on data covering health, education, income, and occupation for 6 million people from 2008 to 2020. While there … Read more Life-story trained AI forecasts early death risk.

Key Points: Effective leadership in the age of artificial intelligence (AI) capitalizes on the unique strengths of both humans and AI. The role of human leaders, particularly in terms of emotional intelligence, remains irreplaceable. AI can serve as a powerful assistant to leaders, aiding with process efficiency and decision-making, but it should not be seen … Read more AI Era: Unveiling the Future of Leadership