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Showing 1 - 10 of 11 results for "generative AI"

Global X adds new AI ETF

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... Data Index, focuses specifically on investing in companies along the AI value chain, including those involved in generative AI technology providing automation of systems and AI-as-a-Service solutions. GXAI will be the first dedicated AI ETF launched ...

AustralianSuper's move to boost productivity by up to 30%

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... capability that enables us to deliver superior member outcomes," Backeberg said. "We aim to be thought leaders in the generative AI space. Our core priority is to use it to improve member outcomes, both through the way we provide services and how we ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... employing deceptive tactics tantamount to AI washing, experts say. Research from Deloitte last year indicated that generative AI would "rapidly and significantly" disrupt over a quarter of the Australian economy, impacting nearly $600 billion in economic ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... develop with AI. In fact, we've already seen affiliations between the three largest cloud providers and the leading generative AI companies. "Thousands of financial entities are looking to build downstream applications relying on what is likely to be ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... enhancements and partnerships, Netwealth said "innovations in artificial intelligence, especially with the rise of generative AI, are being actively explored to improve efficiency, productivity, client engagement and service." It also said the new business ...

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... and advice via social media channels more any other generation. Millennials (21%) and Gen Z (17%) also tend to use generative AI for financial advice and guidance, compared to Gen X (7%) and Baby Boomers (2%). Conversely, a study by HSBC released in ...

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... materials (52%) were top of mind. However, a topic all generations agreed on was the opportunities and risks of generative AI. Around two-thirds (65%) surveyed see AI as offering one of the greatest commercial opportunities to their operating business ...

AI to revolutionise investment industry: Research

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
... and how these advances can be best deployed to serve client objectives will be in high demand." The survey said generative AI's potential to transform the investment workflow makes it fundamentally different from early-stage fintech applications, such ...

MSCI amplifies AI capabilities

CHLOE WALKER  |  FRIDAY, 1 SEP 2023
The global investment company has expanded its partnership with Google Cloud to accelerate the development of generative AI solutions for the investment industry. Powered by Google Cloud's gen AI platform Vertex AI and climate technology, including ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... while China and Canada are proposing laws directed at regulating uses of AI. A study by McKinsey estimated that generative AI could add between $US2.6 trillion to US$4.4 trillion to the global economy annually. Generative AI, in essence, preternaturally ...
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