Netwave, an innovative leader in real-time personalized recommendation solutions for e-commerce, based on artificial intelligence, today announces the signing of a distribution agreement for its Netwave Suite solution, with Netiks, a renowned company in the field of digital transformation based in Dubai.

ChatGPT stands out as a remarkably human-like chatbot, offering detailed and personalized responses, and supporting data analysts and other tech workers. The introduction of ChatGPT has revolutionized the field of natural language processing, enabling users to engage in chat-based conversations and obtain detailed responses. By leveraging its AI technology, organizations can streamline their knowledge management efforts, saving time and improving efficiency in accessing and utilizing critical in...

Algorithms utilize personal data that is collected pertaining to the situation, experience, or scenario they simulate. Data collection is crucial for machine learning and can introduce "bias" that could lead to "technological discrimination”. Nevertheless, algorithms cannot be held "guilty" as they are neither physical nor legal entities. The responsibility lies with individuals who make decisions regarding their use, implementation, and the resulting outcome.

The true potential of digital technology lies in its ability to revolutionize the physical world, fostering productivity, innovation, and meaningful outcomes. In this pursuit, artificial intelligence (AI) plays a vital role in numerous complex digital transformation (DX) applications. Without AI, the digitization of products and processes would generate overwhelming volumes of data that would be impractical for humans to analyze and respond to within a reasonable timeframe. AI empowers us to ext...

“Digital Transformation” is a term that's become increasingly popular in the business world. In short, it refers to the process of leveraging digital technologies to transform an organization’s operations. This article will explore what digital transformation is, its different applications, and how it can help your business succeed.

ChatGPT is a versatile tool that can do it all, from answering questions and assisting with tasks like composing emails and essays to writing code and simulating entire chat rooms Nevertheless, with the prevalence of powerful technology accessible to the public, there are individuals misusing ChatGPT for malicious purposes. There is now proof on the dark web that certain individuals have taken advantage of ChatGPT to produce malicious content, even with anti-abuse restrictions in place to deter...

ChatGPT and the underlying AI technologies it represents evoke both fascination and concern. ChatGPT is the result of advances in mathematical research, machine power, and the proliferation of data on the internet. It represents a new technological revolution that is just beginning, with significant perspectives and challenges. Artificial intelligence (AI) covers a wide variety of technologies and application areas. These AI applications have already begun to transform many areas, including fina...

Numerous theories center on the notion of AI eventually gaining control over human civilization. This idea may appear plausible, particularly when considering the common science fiction motif of endowing immense power to AI and robots. However, examining the factual capabilities of this technology and its current applications, it becomes evident that such a scenario is not feasible. Overall, it is important to separate fact from fiction and to understand the limitations and capabilities of this ...

Fintech is a term that has been coined by Peter Knight, an editor for the Sunday Times business newsletter in the 1980s, however, the term was fully adopted as a common term as recent as 2007. Fintech is a combination of two words “financial” and “technology”. Hence financial technology, in its core, is the set of algorithms and software that is utilized to provide financial services to consumers to better manage their financial operations and processes, establish new channels for transactio...

Since the year 2010, not so long ago in human history but quite outdated in technological terms, the banking sector underwent a shift to a new era where banking has become as easy as the tap of a button on your smart phone. What we call internet banking today, has gone through an incredible development journey that goes back to the 1970s…   Let us explore this journey and highlight the key milestones of internet banking.