RBI Unveils MuleHunter AI to Combat Financial Fraud The Reserve Bank of India (RBI) has introduced an advanced artificial intelligence (AI) tool named MuleHunter to strengthen the fight against financial fraud. The tool is designed to track and identify suspicious banking activities, particularly focusing on fraudulent transactions linked to mule accounts. Mule accounts are typically…
Wipro Launches Lab45 AI Platform to Boost Efficiency Across Business Functions Wipro, a global leader in information technology, consulting, and business process services, has launched its latest innovation, Lab45. This AI-driven platform is designed to enhance efficiency across various business functions. Named after Wipro’s innovation lab, Lab45, the platform is a testament to Wipro’s commitment…
AI Godfather Geoffrey Hinton Quits Google Geoffrey Hinton, also known as the ‘AI godfather’, has recently announced his resignation from Google. Hinton was working as a Senior Fellow and Vice President of Engineering at Google and was instrumental in the development of the search engine giant’s machine learning algorithms. Hinton is regarded as one of…
NASA : NASA and IBM Part ners to Build AI Foundation Models to Advance Climate Science NASA, in partnership with IBM, is set to build a new artificial intelligence (AI) framework aimed at improving our understanding of climate change. The partnership will develop a new AI model to analyze the Earth’s climate system and its…
Microsoft OpenAI Investment | Invests $10 Billion in ChatGPT Maker OpenAI Microsoft has announced a massive $10 billion investment in OpenAI, the artificial intelligence research firm. This investment will make Microsoft the exclusive provider of cloud computing services to OpenAI. OpenAI was founded in 2015 by a group of investors including Elon Musk, Sam Altman,…
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