Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 1st November 2022
This is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.
Perfect Corp. and Provident Acquisition Corp. Complete Business Combination
Perfect Corp. (“Perfect”), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, and Provident Acquisition Corp, a special purpose acquisition company, announced the completion of their previously announced business combination (the “Business Combination”). The listed company resulting from the Business Combination will be called Perfect Corp., and its shares and warrants will commence trading on the New York Stock Exchange under the ticker symbols “PERF” and “PERF WS,” respectively, on October 31, 2022.
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust
KBRA assigns preliminary ratings to three classes of notes issued by Pagaya AI Debt Trust 2022-5 (“PAID 2022-5”), a consumer loan ABS transaction.
Honda Selects Upstart Auto Retail as a Digital Retailing Partner
Upstart , a leading artificial intelligence (AI) lending marketplace, announced Upstart Auto Retail’s certification as a Honda Digital Solutions (HDS) partner. As an HDS Digital Retailing solution, Upstart Auto Retail’s modern car buying software is now available to Honda dealers and customers nationwide.
NICE Actimize, a NICE business, announced that its AI and cloud-based Essentials anti-money laundering and anti-fraud solutions have been chosen by Target Group, a UK-based provider of business process outsourcing and operational transformation services. Target Group’s objectives include protecting its customers with best-in-class financial crime and compliance technology and services, while benefiting from the operational efficiencies that artificial intelligence and cloud-based solutions offer.
Trigo Raises $100 Million to Scale AI-Powered Frictionless Grocery Retail Platform
Trigo, an Israel-based computer vision company building the infrastructure for autonomous retail stores and retail analytics has raised $100 million in a new equity financing round to scale deployment of autonomous urban supermarkets across Europe and the US, enter new geographies, and develop its comprehensive store and inventory management software application suite, StoreOS.
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