Tech

Three California community colleges are spending up to $500K per year on AI chatbots that don’t work that well.

The AI chatbots, which are supposed to help students with questions about financial aid and admissions, often answer “general questions correctly but struggled with more specific ones,” CalMatters reports. “East Los Angeles College’s bot couldn’t even correctly name its own president.”

Matthew Richardson

GC&C’s Global Head of IT Operations Matthew Richardson discusses insurance innovation and leading an ambitious, digital-first digital evolution

FloQast: How AI Transforms Accounting & Finance Functions

Mike Whitmire shares how FloQast is helping accountants own the future with AI while navigating talent gaps and global regulatory pressures

Mike Whitmire

From EY auditor to FloQast CEO, Mike Whitmire's accounting expertise drives his mission to help accountants own their AI-enabled finance future

Inside Generali GC&C’s AI Underwriting Deployment

Generali GC&C partnered with Sixfold for AI underwriting in cyber insurance, scaling capacity, cutting turnaround times by half, and improving risk focus.

City Detect, which uses AI to help cities stay safe and clean, raises $13M Series A

City Detect, a company that helps local governments prevent urban decay, is in at least 17 cities so far, including Dallas and Miami.

After Europe, WhatsApp will let rival AI companies offer chatbots in Brazil

Meta is now allowing rival AI companies to provide their chatbots on WhatsApp to Brazilian users for a fee, a day after the company confirmed a similar decision for users in Europe.

AI startup sues ex-CEO, saying he took 41GB of email and lied on résumé

Hayden AI also claims co-founder improperly sold over $1.2M in stock.

Meet Your New Phone Away From Phone

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Phil Beck

Birchstreet Pay’s EVP Phil Beck leverages decades of banking and fintech experience to embed payments and modernise hospitality's supply chain processes

Cargill: Deploying Robotics and Edge AI with NTT Data

NTT DATA deployed private a 5G network to support robotics and edge AI across Cargill plants, as the food corporation modernises its infrastructure

Industrial AI: The New Era of Predictive Maintenance

From Volkswagen’s factories to Scottish distilleries, AI-driven predictive maintenance is cutting costs, boosting safety and reducing emissions