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Microsoft Launches AI Tool "Microsoft Copilot for Finance" to Enhance Financial Analysis

Microsoft Copilot for Finance, the companys newest artificial intelligence technology, was introduced to enable finance departments to effectively man

Microsoft Copilot for Finance, the companys newest artificial intelligence technology, was introduced to enable finance departments to effectively manage activities, create reports, and analyze data sets. This tool is consistent with Microsofts approach to customizing software for particular professions and industries. Microsoft Copilot for Finance is anticipated to increase productivity and decrease dependency on outsourcing, much as AI technologies for sales and customer support. Microsoft made hints about upcoming Copilot products for supplychain and marketing tasks, while price and availability information is still pending. Salesforce, which also provides AI helpers for sales and support duties, may face more competition due to this move. Microsoft demonstrated how its AI works with CRM systems to automate tasks and lessen the need for human CRM updates. Charles Lamanna, a Microsoft corporate vice president, emphasized the transformative potential of AI in reshaping business models Read More..

B2B Tech News | 1 months ago

Intel CEO Sandra Rivera Sees Lucrative AI Potential for Altera Unit

Sandra Rivera, the CEO of Intel, emphasised the profitable possibilities of artificial intelligence for the businesss independent programmable chip di

Sandra Rivera, the CEO of Intel, emphasised the profitable possibilities of artificial intelligence for the businesss independent programmable chip division, which is now referred to as "Altera, an Intel company." Rivera stressed that Alteras programmable chips bridge the gap between generalpurpose AI chips like Nvidia and specialised processors from cloud giants like Amazon, making them ideal for AI applications. Rivera believes programmable chips will eventually fill a significant gap in the fastchanging AI hardware ecosystem. Although market projections for programmable chips range from $8 to $10 billion by 2023, Rivera thinks there may be a more significant possibility because of the part these chips play in different phases of the AI workflow. These chips are based on the Agilex series that Intel currently produces through Intel Foundry. Rivera alluded to possible manufacturing agreements for the next Agilex 3 chips. Read More..

B2B Tech News | 1 months ago

Salesforce Unveils Einstein Copilot, a New AI Assistant

Salesforces new AI assistant, Einstein Copilot, uses a companys specific data to provide reliable answers within Salesforce apps. In contrast to other

Salesforces new AI assistant, Einstein Copilot, uses a companys specific data to provide reliable answers within Salesforce apps. In contrast to other AI assistants, it strictly adheres to data governance. It uses private corporate data to provide accurate replies. Copilot provides a consistent user experience by responding to inquiries, creating content, and dynamically automating activities. It is based on Salesforces CRM apps. With the help of a conversational user interface, extensive language models, and reliable corporate data, this adaptable assistant can communicate with apps in novel ways. With the beta release, Salesforce hopes to enable users to have enhanced profits, stronger customer interactions, and AIdriven productivity. A reasoning engine for deciphering intent, customisable features, anchoring prompts in Data Cloud, outofthebox actions, and security and privacy guaranteed by the Einstein Trust Layer are just a few of the Copilots capabilities. The application improves Read More..

B2B Tech News | 1 months ago

Truecaller Launches AIPowered Call Recording for iOS and Android Users in India

For iOS and Android users in India, Truecaller has launched AIPowered Call Recording, which simplifies the process of recording and organising signifi

For iOS and Android users in India, Truecaller has launched AIPowered Call Recording, which simplifies the process of recording and organising significant conversations within the app. Truecaller boosts productivity by letting users concentrate on live conversations without having to bother about taking notes because of its cuttingedge AI technology. Summaries and thorough call transcriptions are made possible by the incorporation of AI. Those who use iPhones can start recording by selecting Record a call and combining calls with an input number. Local storage of recorded calls is provided, along with an iCloud backup option. Android users have a separate button to start and stop recording. Users are notified via push notification when transcriptions and recordings are available. The Managing Director of Truecaller, Rishit Jhunjhunwala, emphasised innovation to meet consumers demands for control over their conversations. The feature is available in Truecallers Premium plan, initially s Read More..

B2B Tech News | 1 months ago

Apple CEO Tim Cook Plans to Provide More Details on Generative AI Utilization

During the companys annual shareholder meeting, Tim Cook, the CEO of Apple, stated that further information on the companys use of generative artifici

During the companys annual shareholder meeting, Tim Cook, the CEO of Apple, stated that further information on the companys use of generative artificial intelligence will be released later this year. Cook highlighted Apples substantial investment in this field, citing the companys vision of revolutionary possibilities for problemsolving and productivity. Although Apple has lagged behind rivals like Microsoft and Google in the use of generative AI, Cook emphasised the AI integrated into Apple products behind the scenes. The revelation comes after a shareholder motion that called for Apple to provide more details about its use of AI and ethical standards—led by the AFLCIO—was rejected. Despite failing, the idea received a lot of support, indicating that investors are becoming more interested in Apples ethics and transparency in AI. Read More..

B2B Tech News | 1 months ago

ASML Achieves "First Light" Milestone with High NA EUV Lithography System

At the SPIE lithography conference, Ann Kelleher of Intel stated that ASML had confirmed the successful "first light" during testing, marking a key mi

At the SPIE lithography conference, Ann Kelleher of Intel stated that ASML had confirmed the successful "first light" during testing, marking a key milestone with their new High NA EUV lithography equipment. Even if the instrument isnt functioning to its full potential, this accomplishment represents a significant advancement. Known for their enormous size and high cost, ASMLs High NA EUV tools are expected to propel improvements in chip fabrication, allowing quicker and smaller circuits. One instrument is being assembled at an Intel plant in Oregon. At the same time, the other is housed in the ASML laboratory in the Netherlands. Shortly after, chipmakers such as TSMC, Samsung, and Intel wanted to implement this technology Intel intends to use it for its 14A CPUs. Read More..

B2B Tech News | 1 months ago

Meta Platforms to Launch Llama 3 AI Language Model Upgrade in July

The most recent iteration of Meta Platforms artificial intelligence language model, Llama 3, is scheduled for release in July. The update aims to impr

The most recent iteration of Meta Platforms artificial intelligence language model, Llama 3, is scheduled for release in July. The update aims to improve the models capacity to reply to users controversial questions. Researchers studying metaresearch are attempting to increase the models flexibility so that it may offer background data on contentious issues. This project coincides with Googles announcement that it pauses the imagegeneration function on its Gemini AI because of errors in older photos. While Llama 2, Metas existing model, avoids answering some delicate inquiries, Llama 3 is supposed to comprehend and reply suitably to a wider variety of concerns. Meta also intends to designate an internal overseer for safety and tone training to improve the models reactions. Read More..

B2B Tech News | 1 months ago

LoanDepot Confirms Ransomware Attack Compromising Data of Nearly 17 Million Customers

The massive lending and mortgage company LoanDepot has acknowledged that a ransomware assault in January resulted in the theft of sensitive personal d

The massive lending and mortgage company LoanDepot has acknowledged that a ransomware assault in January resulted in the theft of sensitive personal data from about 17 million clients. Names, dates of birth, phone numbers, email addresses, postal addresses, financial account numbers, and Social Security numbers are all included in the stolen data. The breach report issued by Maines attorney generals office specified the data exposed after it was first revealed to affect 16.6 million consumers. The intrusion, which happened somewhere around January 4, damaged client access to accounts and encrypted data. The attack is predicted to cost LoanDepot between $12 and $17 million in lost revenue during its fiscal first quarter. This incident underscores rising cybersecurity worries in the banking industry, highlighted by previous breaches targeting mortgage and lending institutions in recent months. Read More..

B2B Tech News | 1 months ago

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