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OpenAI releasing version of ChatGPT for large businesses

Hugging Face Secures $235M to Fuel AI Revolution

Author

Randy Caiquo
August 28, 2023

Welcome to Your Daily Dose of AI and Fintech Insights!

1. OpenAI releasing version of ChatGPT for large businesses

OpenAI is releasing a version of its ChatGPT language model for large businesses. The model is designed to be more powerful and versatile than previous versions. It can be used for a variety of tasks, such as generating text, translating languages, and writing different kinds of creative content.
Link to read more

2. PayPal's AI Fights Fraud and Makes Payments a Breeze 

PayPal is using AI to combat fraud and make payments easier for its customers. The company is using AI to analyze transactions and identify patterns that are associated with fraud. PayPal is also using AI to personalize the checkout experience for its customers.
Link to read more

3. Google NotebookLM: The AI Tool That Makes Research Writing Easier

Google has developed an AI tool called NotebookLM that can help researchers to write and edit their notes. The tool uses AI to understand the context of the notes and to suggest relevant information. It can also help to identify errors and inconsistencies in the notes.
Link to read more

4. Hugging Face Secures $235M to Fuel AI Revolution

Hugging Face has raised $235 million in funding to accelerate the development of AI. The company is known for its open-source software library, which is used by developers to build and train AI models. The funding will be used to expand Hugging Face's team and to develop new products and services.
Link to read more

5. Fintech Market to Surpass $995.9 Billion by 2030 with help of AI

The global fintech market is expected to grow at a CAGR of 20.3% from 2021 to 2030. The market is being driven by the increasing adoption of digital technologies by consumers and businesses. The rise of mobile banking and peer-to-peer (P2P) lending are also contributing to the growth of the market.
Link to read more

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