CFOtech UK - Technology news for CFOs & financial decision-makers

Machine learning (ML) stories - Page 1

A subset of Artificial Intelligence, Machine Learning describes the process by which a computer is ‘trained’ to recognise and react to inputs or situations without being explicitly told what those reactions should be. Applied ML in business is referred to as ‘predictive analytics’ because the analytics software is trained to respond to incoming data and provide adaptive insights. ML is among the techniques being used in pursuit of AI mimicking the human brain.
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SentinelOne & AWS expand collaboration for AI security
Today
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data protection
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cloud security
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genai
SentinelOne has extended its collaboration with Amazon Web Services to enhance AI-driven cybersecurity solutions through its Purple AI analyst and Singularity Platform.
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AI's role in cybersecurity: balancing power & risks
Today
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data protection
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genai
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llms
A Swimlane report reveals AI's rapid adoption outpaces organisations' data security measures, with 74% fearing misinformation as a growing threat.
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Simplismart secures USD $7m to enhance AI for enterprises
Today
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genai
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data privacy
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ml
Simplismart has raised USD $7m in funding led by Accel to advance its AI deployment capabilities, unveiling a cutting-edge inference engine for enterprises.
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KPMG Australia secures first global AI management standard
Yesterday
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risk & compliance
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ai
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cleantech
KPMG Australia has become the first firm globally to achieve certification for its AI management systems under the new BS ISO/IEC 42001 standard.
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Workhuman unveils AI analytics to boost HR decision-making
Yesterday
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data analytics
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digital transformation
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dei
Workhuman has upgraded its Workhuman iQ platform with AI analytics to help HR leaders enhance employee insights and foster business transformation.
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AI transforms Australian accounting with 99.6% adoption
Yesterday
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digital transformation
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blockchain
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financial systems
New research reveals 79% of Australian accountants see outsourcing as essential for growth, while 99.6% have embraced AI in their practices.
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DataStax & NVIDIA launch AI platform to boost accuracy
Yesterday
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digital transformation
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hyperscale
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cx
DataStax has launched its AI Platform in collaboration with NVIDIA to accelerate AI development, claiming a 60% reduction in development time.
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KPMG Australia first to achieve ISO 420001 AI standard
Yesterday
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genai
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ai
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ai ethics
KPMG Australia has become the first organisation globally to obtain the ISO 420001 certification for its AI Management System, marking a significant milestone.
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AI Month: experts call for responsible AI use in Australia
Yesterday
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genai
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data privacy
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ai
As AI Month unfolds, experts in Australia urge emphasising responsible AI development to maximise its potential across diverse sectors and communities.
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Google Cloud launches new generative AI learning courses
Yesterday
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it training
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data analytics
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genai
Google Cloud plans to launch seven new generative AI courses, addressing the urgent skills gap in the sector as many professionals lack necessary training.
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Industry leaders on what businesses, policymakers and technologists should be reflecting on this AI Month
2 days ago
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hcm
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data privacy
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ai
As AI Month begins, industry leaders urge businesses and policymakers to reflect on the responsible use and vast potential of AI across diverse sectors.
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GenAI bot traffic and cyberSecurity: What IT leaders need to know
3 days ago
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physical security
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genai
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data privacy
Australia's generative AI market, generating nearly USD $922 million in 2023, is poised to grow to USD $4.2 billion by 2030, posing new challenges for IT leaders.
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MaxMine appoints Shaun Mitchell as new COO
3 days ago
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saas
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ai
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cybersecurity
MaxMine has appointed Shaun Mitchell as Chief Operations Officer, bringing over 20 years of experience in global technology and strategic innovation.
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Cybersecurity tops risks for TMT sectors in 2024 report
4 days ago
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dei
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risk & compliance
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genai
A new WTW report reveals that 51% of media and telecoms firms cite cybersecurity as a top concern, amid rising AI-related threats and regulatory pressures.
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IPI recognised among top innovators in InsurTech100 list
4 days ago
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uc
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digital transformation
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cx
IPI has been named in the 2024 InsurTech100 list, recognising its innovative contributions to the insurance industry's technological landscape.
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Artificial Intelligence driving data centres to the edge
4 days ago
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digital transformation
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edge computing
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power / energy
The rise of artificial intelligence is reshaping data centres, with investments skyrocketing to USD $25.2 billion in 2023, requiring a transformation in infrastructure.
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Nearmap reveals Gen 6 AI with 130 enhanced detections
4 days ago
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smart cities
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data analytics
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ai
Nearmap has launched Generation 6 of its AI model, featuring over 130 location-based detections to enhance decision-making across various sectors.
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Liftoff unveils Cortex to revolutionise mobile ad campaigns
Last week
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ai
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digital marketing
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ml
Liftoff has launched Cortex, a machine learning platform poised to enhance mobile ad campaign performance significantly through advanced data processing techniques.
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London ranks among top ten costly cities for data centres
Last week
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power / energy
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ai
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cleantech
Turner & Townsend's report reveals London ranks 10th for expensive data centres, amidst rising challenges in power and supply chain amid AI demand.
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Everest Group exceeds impact sourcing targets in 2024
Last week
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ai
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ml
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global economy
Everest Group aims to boost impact sourcing in tech services from 350,000 to 500,000 by 2025, with projections of 505,000 to 535,000 for 2024.