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NLX has raised $12 million in Series A funding to grow and develop its artificial intelligence (AI) platform for managing chat, voice and multimodal conversational applications.  With its platform, brands can create, manage, deploy and analyze these applications; manage conversational deployments across their enterprise; and access AI models from several providers, NLX said in a Monday (Feb. 26) ...
The ransomware gang Blackcat, also known as ALPHV, is reportedly the source of a cyberattack targeting UnitedHealth Group’s technology unit, Change Healthcare. The cyberattack has targeted Change Healthcare’s information technology systems, leading to widespread disruptions at pharmacies across the United States for the past six days, Reuters reported Monday (Feb. 26). In an update posted by...
OpenAI’s new tool, Sora, which turns text into high-quality videos, could shake up how movies and shows are made in Hollywood. Sora employs a neural network trained on video examples to transform written scene descriptions into high-definition video clips of up to 60 seconds. Its ability to outperform other AI video generators significantly has stunned the movie and technology communities. For...
VerifiNow has launched a patient identity verification solution for telehealth providers. PatientVerifi is designed to meet the need for secure patient identity verification in virtual healthcare, the technology company focused on digital identity verification said in a Monday (Feb. 26) press release. “With advanced biometric checkpoints, PatientVerifi ensures accurate patient authentication and...
Bridal and formalwear brand Allure Bridals has debuted a finance program for retailers. The program is “a first-of-its-kind program within the bridal industry,” the Memphis-based company said in a Monday (Feb. 26) press release. It is designed to let retailers make sure they have the stock they need while staving off issues caused by fluctuating cash flow. “Our goal is to show our support for our...
LoanDepot said Friday (Feb. 23) that a data breach that impacted the company in January affected 16.9 million customers. In the breach that occurred Jan. 3 through Jan. 5, hackers acquired names or other personal identifiers in combination with Social Security numbers, the financial services company said in a Friday filing with the Office of the Maine Attorney General. The personal information...
Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Viswas “Vis” Raghavan is set to join Citi’s executive management team and will report to CEO Jane Fraser, the chief executive said in a Monday (Feb. 26) announcement. “Vis is the right person to take over at this pivotal moment for our banking franchise,” Fraser wrote. “Since first announcing the structural changes last...
Google’s artificial intelligence image generation tool offered through Gemini is set to be relaunched in the next few weeks after being paused due to inaccuracies in historical depictions. The CEO of Google DeepMind, Demis Hassabis, announced the news at the Mobile World Congress in Barcelona, Reuters reported Monday (Feb. 26). Google introduced earlier this month the Gemini AI models for image...
Visa has teamed with the GSMA Mobile for Development Foundation to improve financial inclusion. The newly announced Digital Finance for All (DFA) Initiative is aimed at helping 20 million people in low- and middle-income countries in Africa, Asia and Latin America, including women, small-holder farmers (SHFs), and nano, micro and small enterprise (NMSE) owners, Visa said Monday (Feb. 26). “While...
A new trial in Australia is set to test roads that wirelessly charge electric trucks as they drive, potentially revolutionizing the trucking industry. The $8.2 million Australian dollar (about $5.4 million) initiative, partially funded by a government grant, is led by a research group from Melbourne’s Swinburne University and partners with German company Siemens AG, Royal Melbourne Institute of...