Sompo is looking to invest in Israeli startups which specialise in cyber security, life sciences and agriculture. Sompo Holdings Inc, one of Japan’s top three property and casualty insurers, has become the first Japanese insurer to set up a fintech… Read More ›
artificial intelligence
SoftBank weighing its options for investing in Uber
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›
Toyota launches venture capital fund for AI startups
Toyota’s lucrative venture has potential but to bloom it needs an ecosystem that provides advisors with product expertise and genuine corporate customers. Toyota has become the latest Fortune 500 company to launch an AI focused capital venture fund. During the… Read More ›
Nasdaq launches a new smart data enhanced initiative
The service makes use of big data gleaned from a variety of sources and uses a subset of artificial intelligence to generate analytics so as to make the resulting information actionable. In what is likely to be a significant development… Read More ›
Credit Suisse deploys AI to manage calls to its compliance call center
The bank is in a transitory stage as it pushes to revamp its operations and go digital. Brian Chin, the global markets chief executive of Credit Suisse AG has disclosed, that the Swiss bank has deployed twenty robots within the… Read More ›
Baidu joins the race for tomorrow’s self-driving cars
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›