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Demystifying Artificial Intelligence (AI) and Generative AI

Newgen Software

Artificial intelligence (AI) has made its presence felt across all domains. The latest to jump onto the artificial intelligence (AI) bandwagon is Generative AI (GenAI). The use cases and possible solutions to current business challenges that AI and its subtypes offer are incredible.

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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Generative AI Revolution: A Comparative Analysis

Perficient

In the world of Generative Artificial Intelligence (AI), a new era of large language models has emerged with the remarkable capabilities. And you’re up and running with Generative AI in your Android app! It’s essential to recognize the remarkable capabilities of Generative AI tools on the market.

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CIOs in financial services embrace gen AI — but with caution

CIO

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Those same characteristics, however, reveal the risks AI pose to this sector. Banks have to get ready to take the step forward.”

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Unlocking generative AI’s greatest growth opportunities

CIO

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation.

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Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife

TechCrunch

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Bolttech’s Series B is closed to new interest from the market, but we continue to engage with the investor community in case of future opportunities,” he told TechCrunch.

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The Power of Generative AI for Financial Services

Perficient

As the financial services industry continues to evolve, companies are looking for ways to stay ahead of the competition and increase their market share. One way to do this is by leveraging the power of generative AI.