Tag: AI

Deep learning vs machine learning: What’s the real difference?

AI's evolution has brought to the forefront two key terms: Deep Learning and Machine Learning. Are they the same, or do they represent distinct facets of AI? Ushur, a customer experience automation company, has explored the difference between the two. 

Tiger Brokers launches industry’s first AI chatbox 

Tiger Brokers has announced the launch an AI chatbox which has been deemed the first of its kind across the brokerage industry.

Tractable secures $65m in Series E to revolutionise InsurTech with AI

Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.

Cybercrime’s toll on global business to skyrocket to $10.5tn by 2025

Despite threats posed by the emergence of new technologies such as AI, global business leaders' focus on cyber risk seems to be waning.

Smart Communications makes a mark in 2023 Aragon Research Globe for...

Smart Communications, a foremost technology company devoted to facilitating businesses conduct more effective customer dialogues, has been conferred with the accolade of a Leader by the prominent analyst firm, Aragon Research.

AI-powered platform Parrot rakes in $11m in Series A

Parrot, a technology-based court reporting firm, revealed today its innovative AI-enabled platform, designed specifically to assist insurance providers and legal firms expedite case resolutions...

Speed or quality: The AI dilemma disrupting the insurance sector

In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance. 

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Meanwhile, the crypto-native life insurer, bags $19m seed funding

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.

Berlin’s InsurTech pioneer INZMO launches AI chatbot NIMO

Headquartered in Berlin, INZMO, a front-runner in the European InsurTech scene, has disclosed the debut of its novel chatbot assistant, NIMO.

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