Tag: Artificial Intelligence

Microsoft Stock Hits Record High with Altman Hire
Nyheder

Microsoft Stock Hits Record High with Altman Hire

Image source: https://edition.cnn.com/2023/11/20/investing/microsoft-stock-record-high-altman-openai/index.html In a surprising turn of events, Microsoft Corporation witnessed a historic surge in its stock value on Monday, reaching an unprecedented peak following the announcement of Sam Altman's appointment as the head of its artificial intelligence innovation division.  The former chief executive of OpenAI, Altman's return to the tech giant sent shares climbing by 2.1%, concluding the day at an all-time high of $377.44, surpassing the previous record of $376.17. The surge comes on the heels of a 1.7% decline in Microsoft shares on Friday, coinciding with Altman's abrupt departure from OpenAI due to a boardroom coup. Notably, Microsoft holds a significant stake in OpenAI, with a s...
The Innovations That Continue Blackjack Growth
Teknologi

The Innovations That Continue Blackjack Growth

In the 21st century, Blackjack Growth  is the most popular card game played in casinos, both online and off. As with many casino games, it has a long history - longer than you might think. Though its origins are vague, Blackjack Growth is generally thought to have started in 18th century France. It's possible it was derived from earlier games played by the Romans but this is not a universally shared belief. As with many card games, Blackjack Growth spread quickly across Europe developing many variations as it moved across borders. When colonists travelled to the Americas, blackjack followed and soon flourished in the 19th century gaming halls. With the 20th century, came the great casinos of Las Vegas and a huge boost in popularity for blackjack. Though it was originally called 21...
AML Solutions and Effectiveness of AI/ML in Enhancing Crime Prevention
Teknologi

AML Solutions and Effectiveness of AI/ML in Enhancing Crime Prevention

According to estimates brought into light by the United Nations Office on Drugs and Crime (UNODC), money laundering is around $800 billion to $2 trillion which makes 2-5% of the global GDP. Since this criminal threat is forecasted to set new scores, authorities are making efforts by obliging businesses to develop efficient AML compliance programs. With more sophisticated fraudulent schemers skyrocketing, existing countermeasures are no more sufficient.  Legal and financial institutions such as the International Monetary Fund (IMF) and Financial Action Task Force (FATF) are placing requirements for businesses to develop anti money laundering software, especially after the incident of 9/11. This blog covers how integrating AI and ML into AML verification systems can help companies to leap...