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Gen AI technology is revolutionizing fintech startups, according to Alyssa Henry, former CEO of Square. Her comments, made on the No Priors podcast, highlighted several key areas: Strong potential for AI in back-end operations, such as employee management and finances, enabling these processes to work more efficiently and with greater expertise; AI tools may eliminate … Read more Startup success secret: Don’t need an MBA, says Square’s ex-CEO.

The Office of the Secretary of Defense Chief Digital and AI Office, Defense Innovation Unit, U.S. Indo-Pacific Command, U.S. Army Pacific Command, and the U.S. Air Force are set to host a multi-classification hackathon in Hawaii. The BRAVO 11 Bits2Effects hackathon will occur at one of the DOD AI Battle Labs on the island of … Read more Hawaii Hackathon: The US Air Force AI Office Takes Charge

New Jersey Governor Phil Murphy and Princeton University President Christopher Eisgruber have announced plans to establish a hub for artificial intelligence (AI) in the state, in collaboration with the New Jersey Economic Development Authority (NJEDA). The initiative aims to empower New Jersey’s leadership in AI, stimulate job growth, and facilitate responsible development in the field. … Read more Murphy ignites NJ’s future with Artificial Intelligence Hub plans

• A multi-institutional Korean team has used artificial intelligence (AI) to accurately diagnose autism in children. • The AI system was trained to recognize patterns in retinal images of children with autism, and was able to identify all cases of the disorder with no false positives in a sample of 958 children. • The system … Read more AI: Kids’ Autism Detectives Unlocking Mysteries

The United States Education Department has conditionally approved the use of public generative AI systems. The department is also developing other AI initiatives, including enterprise generative AI platform and comprehensive AI guidance. While the department does not have a formal agreement with generative AI software companies, it is crafting guidance and policy that aligns with … Read more Education Dept green-lights public AI systems – conditions apply.

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.