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Over the past few years, generative AI has emerged as a transformative technology, its advanced algorithms revolutionizing industries by enhancing business processes, redefining human interactions and optimizing productivity. The technology enables the analysis and generation of natural language, fostering innovation and growth across diverse sectors. For businesses, generative AI offers…

Explainability is not a technology issue — it is a human issue.  Therefore, it is incumbent on humans to be able to explain and understand how AI models come to the inferences that they do, said Madhu Narasimhan, EVP and head of innovation, strategy, digital and innovation at Wells Fargo.  “That’s a key part of why explainable AI becomes so important,” she emphasized to the audience…

Collective, an online back-office platform for solopreneurs, announced today that it raised $50 million in funding from a syndicate of investors, including Google’s AI fund, Gradient Ventures, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures. The funding will support the launch of Collective’s new AI-driven financial management offering. By…