Artificial intelligence has advanced to the point where it can already perform work equal to nearly 12% of the U.S. labor market, according to a new set of studies from MIT.  Using a large scale simulation model called the Iceberg Index, researchers created a digital twin of the American workforce by mapping 151 million workers, their occupations, and more than 32,000 skills against what today’s AI tools can already do. The result shows that current systems have the technica

Intuit’s new multimillion-dollar partnership with OpenAI marks a significant step in the fusion of artificial intelligence with mainstream financial services, bringing some of the industry’s most widely used tax and financial tools directly into ChatGPT. Announced as a multiyear agreement valued at more than $100 million, the deal opens the door for Intuit’s major products, TurboTax, QuickBooks, Credit Karma and Mailchimp, to operate natively within ChatGPT, offering users a

The financial sector has long been a hotbed for technological innovation, and the rise of artificial intelligence (AI) is marking yet...

Fazeshift, a cutting-edge AI-driven platform designed to automate accounts receivable (AR) processes, has raised $4 million in seed...

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, has announced and launched AI-generated news summaries as part...

London-based 9fin, an AI-driven analytics platform tailored for debt capital markets, has announced a successful $50 million Series B...

Mathematicians from Ateneo de Manila University (ADMU) have made a significant breakthrough in financial forecasting by developing...

Zero Gravity Labs (0G Labs) has made waves in the tech and blockchain communities with a massive $290 million financing announcement. The...

Artificial Intelligence (AI) is dramatically transforming the financial industry, particularly in currency pricing and market analysis....