Wednesday, June 21, 2023

Google Cloud launches Anti Money Laundering AI an API used by HSBC and others that relies on AI instead of the industry standard rules-based system (Dylan Tokar/Wall Street Journal)

Dylan Tokar / Wall Street Journal:
Google Cloud launches Anti Money Laundering AI, an API used by HSBC and others that relies on AI instead of the industry standard rules-based system  —  The company is looking to set itself apart from a crowded field of surveillance platforms by reducing the amount of human input in the process of screening for money-laundering risks



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...