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UAE set to help fund OpenAI’s in-house chips

AI News

billion pot of funds set aside from Horizon Europe to support research in semiconductor technologies up to 2027. The move is backed by an initial £5 million from the UK government this year, with an additional £30 million due to support UK participation in further research between 2025 and 2027.

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AI for banking in the era of ChatGPT

Snorkel AI

Banks invest heavily in AI or risk being left behind Accenture reports that banks can handle 2-5x as many interactions when they use AI-based solutions, and reaching those results doesn’t require any changes to headcount. hours per employee per day by 2027.

ChatGPT 52
article thumbnail

AI for banking in the era of ChatGPT

Snorkel AI

Banks invest heavily in AI or risk being left behind Accenture reports that banks can handle 2-5x as many interactions when they use AI-based solutions, and reaching those results doesn’t require any changes to headcount. hours per employee per day by 2027.

ChatGPT 52