The
#AIEye #Podcast: Watching #AI Breaking News - (NasdaqGS:ADBE) (NYSE:CRM)
Adobe
Announces Commercial Release of Firefly, and Salesforce Introduces Next Gen of
Einstein AI Tech
Global
#AI in #FinTech Market to Reach $31.71B in 2027
September 14, 2023 – Investorideas.com,
a global investor news source covering Artificial Intelligence (AI) stocks and industry news brings you today’s edition of The AI Eye Podcast; watching AI breaking
news .
Today’s
podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2023/091423-AI-Eye.mp3
Read
this in full at:
https://www.investorideas.com/news/2023/artificial-intelligence/09141ADBE-CRM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and
advancements in artificial intelligence
Stocks
discussed: (NasdaqGS:ADBE) (NYSE:CRM)
Adobe Inc. (NasdaqGS:ADBE)
has announced the commercial release of Firefly,
its family of creative generative AI models. This release includes a new
Firefly web application, described as “a playground for exploring AI-assisted
creative expression.” David Wadhwani, President, Digital Media Business at
Adobe, said:
"With
over two billion images generated during the beta, Adobe Firefly is ushering in
a new era of creative expression for customers across every segment. Firefly’s
breathtaking capabilities combined with the rich tooling of our Creative Cloud
apps, Express, the Firefly web app and Adobe Experience Cloud, give creators
unparalleled opportunities to work with generative AI in new, rich and
productive ways."
Salesforce, Inc. (NYSE:CRM) has introduced the next generation of its AI
technology, Einstein. This latest release includes Einstein Copilot, described
as “a new generative AI-powered conversational assistant for every Salesforce
application,” which itself includes the Einstein Trust Layer, which protects
“sensitive data while letting companies use their trusted data to improve
generative AI responses.” Marc Benioff, the company’s Chair and CEO, said:
"The
reality is every company will undergo an AI transformation to increase
productivity, drive efficiency, and deliver incredible customer and employee
experiences. With Einstein Copilot and Data Cloud we’re making it easy to
create powerful AI assistants and infuse trusted AI into the flow of work
across every job, business, and industry. In this new world, everyone can now
be an Einstein."
Global
AI in FinTech Market to Reach $31.71B in 2027
A report published by Research and Markets finds that the global AI
in FinTech market is projected to grow from $11.59 billion USD in 2023 to
$31.71 billion by 2027, registering a compound annual growth rate of 28.6
percent in the forecast period. The following excerpt from the report’s
description outlines some of the key factors influencing the market’s growth:
The
need for fraud detection in fintech or financial institutions is contributing
to the growth of AI in the fintech market. Artificial intelligence or machine
learning algorithms can learn new information from the data collected, the more
data that AI manipulates, the more AI can be learned, and the banks can gain
deeper insights with AI technology. The biggest advantage of AI is that over
time the algorithm builds on collecting more data and learning more about how
to use it.
Sam Mowers, Investorideas.com
Read and
hear other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit
here
Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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