artificial intelligence – PR FIRE US https://www.prfire.com US Press Release Distribution Tue, 08 Apr 2025 15:03:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://www.prfire.com/wp-content/uploads/2022/07/Purple-Flame-150x150.png artificial intelligence – PR FIRE US https://www.prfire.com 32 32 Ericmalley.com Reveals New Advice on Thriving in an AI-Shaped World https://www.prfire.com/news-releases/ericmalley-com-reveals-new-advice-on-thriving-in-an-ai-shaped-world/ Tue, 08 Apr 2025 15:03:01 +0000 https://www.prfire.com/news-releases/ericmalley-com-reveals-new-advice-on-thriving-in-an-ai-shaped-world/ HARTFORD, CONNECTICUT, USA. April 8th, 2025 – Ericmalley.com has announced the release of a new article, “Decoding AI’s Impact: 3 Keys to Thriving in an AI-Shaped World (Insights from Musk, Altman & Ng),” exploring the transformative effects of artificial intelligence on individuals, families, and professional environments. The article applies Eric Malley’s Spherical Philosophy™, a framework …

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HARTFORD, CONNECTICUT, USA. April 8th, 2025Ericmalley.com has announced the release of a new article, “Decoding AI’s Impact: 3 Keys to Thriving in an AI-Shaped World (Insights from Musk, Altman & Ng),” exploring the transformative effects of artificial intelligence on individuals, families, and professional environments.

The article applies Eric Malley’s Spherical Philosophy™, a framework emphasizing empathy, compassion, determination, and motivation, to explore AI’s impact across individual identity, family dynamics, and professional life.

Key insights include:

Individual Identity: AI-generated avatars and mental health apps blur the lines between virtual and real identities. Maintaining determination for self-directed growth is essential to avoid letting machines dictate identity.
Family Dynamics: While AI can automate tasks and free up time, prioritizing face-to-face interactions and shared activities is crucial for strengthening family relationships.
Professional Life: AI is revolutionizing workplaces through predictive analytics and automation, potentially boosting productivity. Reskilling programs and hybrid roles, like AI Augmented Creative Directors, are crucial to ensure equity.

Voices Shaping AI’s Future
– Andrew Ng (2024): “AI is the new electricity—ubiquitous, transformative, and best when invisible”.
– Elon Musk: Advocates for universal basic income, reflecting compassion for workers displaced by AI.
– Eric Malley (2025): “Artificial Intelligence forces us to confront the essence of our humanity, blending the promise of innovation with the responsibility to preserve what makes us uniquely human”.
– Sam Altman (2024): “AI will create phenomenal wealth, but we need systems to redistribute it”.

Malley’s Spherical Philosophy™ can ensure that AI enhances rather than diminishes our humanity through empathy in design, compassion in policy, and determination in innovation.

Eric Malley is the visionary behind the Spherical Philosophy™, a transformative framework designed to empower individuals and organizations to navigate complexities with clarity, adaptability, and resilience. As a Fractional Executive, Malley collaborates with diverse organizations, sharing his insights across industries. Malley is a published author and recognized thought leader in technology, philosophy, and the future of work. 

ENDS

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Macro Hive Expands Cutting-Edge Central Bank LLM Sentiment Indices to Include ECB, BoE, and BoJ with Market-Leading Results https://www.prfire.com/news-releases/macro-hive-expands-cutting-edge-central-bank-llm-sentiment-indices-to-include-ecb-boe-and-boj-with-market-leading-results/ Wed, 29 Jan 2025 15:03:01 +0000 https://www.prfire.com/news-releases/macro-hive-expands-cutting-edge-central-bank-llm-sentiment-indices-to-include-ecb-boe-and-boj-with-market-leading-results/ LONDON, UK. January 29th, 2025 – Macro Hive, a leader in innovative AI-driven financial analytics, is proud to announce the launch of three new AI-powered central bank sentiment indices, covering the European Central Bank (ECB), the Bank of England (BoE), and the Bank of Japan (BoJ).  These cutting-edge tools build on the success of Macro …

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LONDON, UK. January 29th, 2025Macro Hive, a leader in innovative AI-driven financial analytics, is proud to announce the launch of three new AI-powered central bank sentiment indices, covering the European Central Bank (ECB), the Bank of England (BoE), and the Bank of Japan (BoJ). 

These cutting-edge tools build on the success of Macro Hive’s Federal Reserve (Fed) sentiment index, offering investors an unparalleled lens into central bank communication.

 
Revolutionizing Central Bank Sentiment Analysis
Traditional sentiment indices for central bank communications often rely on models like BERT, which are trained solely on sentence-level data. Macro Hive’s approach leverages the latest large language models (LLMs) and incorporates both paragraph- and sentence-level data. This dual-layered methodology captures deeper nuances and context, making it the first of its kind in the domain of central bank sentiment analysis.
 
“Our new LLM sentiment indices provide investors with a significant edge by extracting more precise signals from central bank communication,” said Bilal Hafeez, Head of Research at Macro Hive. 

“All our indices lead interest rates and outperform existing sentiment indices, and our expansion to the BoE, ECB and BoJ reflects our commitment to delivering tools that push the boundaries of financial analytics.”

 
A Suite of Indices for Global Investors
The addition of sentiment indices for the ECB, BoE, and BoJ allows Macro Hive to offer comprehensive insights into the world’s most influential central banks. Investors can now gauge policy shifts and sentiment trends across key global markets with unprecedented accuracy.
 
To learn more about Macro Hive’s central bank sentiment indices, contact bilal@macrohive.com.

ENDS

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AI-Powered Legal Discovery Platform Lexventio Secures $8M Seed Funding https://www.prfire.com/news-releases/ai-powered-legal-discovery-platform-lexventio-secures-8m-seed-funding/ Wed, 08 Jan 2025 16:03:01 +0000 https://www.prfire.com/news-releases/ai-powered-legal-discovery-platform-lexventio-secures-8m-seed-funding/ NEW YORK, USA. 8th January, 2025 – Lexventio, an enterprise-grade AI platform designed to modernize legal discovery, today announced the successful closure of an $8 million seed funding round led by Tackitt Family Office, with participation from strategic institutional and private investors in the legal technology sector.  Lexventio’s proprietary technology addresses the critical challenges in …

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NEW YORK, USA. 8th January, 2025Lexventio, an enterprise-grade AI platform designed to modernize legal discovery, today announced the successful closure of an $8 million seed funding round led by Tackitt Family Office, with participation from strategic institutional and private investors in the legal technology sector. 

Lexventio’s proprietary technology addresses the critical challenges in modern litigation by transforming how legal teams process, analyze, and leverage evidence during discovery. The platform employs advanced machine learning algorithms to systematically analyze vast document repositories, enabling counsel to efficiently identify crucial evidence and construct compelling case narratives.

The discovery phase is a critical inflection point in litigation outcomes. Lexventio fundamentally transforms how legal teams approach document-intensive cases, enabling them to focus on strategic analysis rather than drowning in document review. Validating the startup’s vision for modernizing legal discovery, this funding positions the platform for major impact across the legal sector.

The investment will fuel Lexventio’s aggressive growth strategy, with a primary focus on enhancing its proprietary natural language processing capabilities and expanding its suite of analytical tools for complex litigation. The company plans significant investments in its core technology stack, including advanced pattern recognition algorithms, automated evidence mapping, and sophisticated document relationship analysis. Additionally, the capital will support strategic hiring across engineering, product development, and customer success teams as the company prepares for its official launch.

“Lexventio represents a step change in litigation technology,” said Charles Roy, Partner at Tackitt Family Office. “Their sophisticated approach to discovery automation addresses a crucial pain point in modern litigation, while maintaining the rigorous standards demanded by leading law firms. We’re particularly impressed by their ability to combine cutting-edge AI technology with deep understanding of legal workflow requirements.”

The platform is currently in private beta with select AmLaw 100 firms, with broader availability planned for Q2 2025. Lexventio’s technology has shown particular strength in complex, document-intensive cases where traditional review methods prove especially challenging and resource-intensive. Early results demonstrate significant improvements in discovery efficiency, with some users reporting up to 70% reduction in document review time while maintaining superior analytical accuracy.

For more information about Lexventio, please visit www.lexventio.io.  

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Omnitronics Wins Software Combined 2024 AI Innovation Award https://www.prfire.com/news-releases/omnitronics-wins-software-combined-2024-ai-innovation-award/ Tue, 03 Dec 2024 13:03:05 +0000 https://www.prfire.com/news-releases/omnitronics-wins-software-combined-2024-ai-innovation-award/ OSBORNE PARK, AUSTRALIA. December 3rd, 2024 – Omnitronics, a leading provider of communication and dispatch management solutions, has been honored with the prestigious Software Combined 2024 AI Innovation Award for its groundbreaking advancements in artificial intelligence (AI).    The award recognizes the Omnitronics commitment to pushing the boundaries of technology and enhancing productivity across industries. …

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OSBORNE PARK, AUSTRALIA. December 3rd, 2024 – Omnitronics, a leading provider of communication and dispatch management solutions, has been honored with the prestigious Software Combined 2024 AI Innovation Award for its groundbreaking advancements in artificial intelligence (AI). 
 
The award recognizes the Omnitronics commitment to pushing the boundaries of technology and enhancing productivity across industries.
 
AI Inventions That Set Omnitronics Apart
Omnitronics impressed the judging panel by submitting a total of five innovative AI inventions. These cutting-edge solutions demonstrate the company’s dedication to improving efficiency, streamlining processes, and delivering exceptional value to its customers:
  1. omniBot: Developed by Software Engineer Boben Mathai, omniBot is an AI-powered chatbot. It intelligently queries various sources of product documentation, providing instant, real-time access to critical knowledge. Whether assisting sales teams, troubleshooting for engineers, aiding developers during debugging, or enabling testers to create effective test cases, omniBot significantly boosts productivity and accuracy.
  2. AI-Assisted Test Case Generation: Omnitronics leveraged AI to automate the creation of test cases, ensuring thorough testing and faster software development cycles.
  3. Smart Reporting Application: The company’s smart reporting application uses AI algorithms to analyze data and generate actionable insights, empowering decision-makers with real-time information.
  4. Toolbelt Application with AI-Assisted Error Handling: The Omnitronics toolbelt application integrates AI to proactively identify and handle errors, minimizing downtime and improving system reliability.
  5. AI Voice-to-Text Functionality for Rapid Recall: Developed for the Omnitronics flagship omnicore Enterprise Dispatch Management, the AI-driven Rapid Recall voice-to-text functionality was designed to enhance communication efficiency for emergency services and critical operations.
Omnitronics eagerly anticipates the gradual integration of these groundbreaking innovations into selected products and processes in the months ahead. 

Best Productivity Gain from AI Category
Omnitronics secured victory in the Best Productivity Gain from AI category. The judging criteria included:
  • Innovation: The originality and creativity of the AI application.
  • Impact: Measurable improvements in productivity or customer experience.
  • Feasibility: Practicality and scalability of the solution.
omniBot stood out for its ability to address the challenge of fragmented product documentation across multiple sources. By providing instant access to critical information, it empowers teams to work smarter and faster.
 
Customer-Centric Concept Recognition
In the Best Customer-Centric Concept category, Omnitronics was a runner-up behind winner Last Yard. Their submission, Monitoring Product Data via AI, promises clear value to customers by revolutionizing product data management.
 
A Call to Creativity and Advancement
Omnitronics CEO, John Jordan, expressed his gratitude: “We’re thrilled to receive this award. It’s a testament to our team’s ingenuity to devise cutting-edge solutions that push the boundaries and contribute to the advancement of technology.
 
Winner Boben Mathai adds: “I am incredibly proud to be part of the Omnitronics team, and receiving the Software Combined 2024 AI Innovation Award is a true honor. The Omnitronics culture of innovation and relentless pursuit of excellence is what inspires me to keep pushing boundaries, such as with this innovation.”

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16-Year-Old Sells AI Startup to Y Combinator Founder https://www.prfire.com/news-releases/16-year-old-sells-ai-startup-to-y-combinator-founder/ Tue, 26 Nov 2024 09:03:01 +0000 https://www.prfire.com/news-releases/16-year-old-sells-ai-startup-to-y-combinator-founder/ CALIFORNIA, US. November 26th, 2024 – 16-year-old entrepreneur Rohan Philip sold his AI email communication startup Mailr to MailWiz Inc. — started by a founder from Y Combinator (the accelerator that funded companies such as Stripe, Airbnb, DoorDash, & more). Mailr uses artificial intelligence to automate email communication, allowing professionals to manage high volumes of …

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CALIFORNIA, US. November 26th, 2024 – 16-year-old entrepreneur Rohan Philip sold his AI email communication startup Mailr to MailWiz Inc. — started by a founder from Y Combinator (the accelerator that funded companies such as Stripe, Airbnb, DoorDash, & more). Mailr uses artificial intelligence to automate email communication, allowing professionals to manage high volumes of emails instantly. Through its technology, Mailr trains itself on user writing styles and can respond in custom tones to any incoming message. 

Before it was sold, Mailr had gained significant traction from AI enthusiasts. It was voted the #5 Product of the Day on Product Hunt Worldwide, highlighted as a case study at UC San Diego’s Rady School of Business, featured in various ‘Best of AI Tools’ lists, and reached thousands of users worldwide.

The AI industry is undergoing explosive growth, with recent studies valuing the global market at over $184 billion as of 2024, and forecasting a compound annual growth rate (CAGR) of 28.4% through 2030. This trend reflects the intense interest from investors in startups like Mailr within the AI communication space, where innovative tools are reshaping customer service, email management, and business analytics.


Mailr’s acquisition highlights a broader movement among tech companies eager to integrate cutting-edge AI solutions into their portfolios. As the business applications of AI continue to grow, projections estimate the market will surpass $850 billion by 2030, driven by a demand for tools that deliver greater efficiency and tailored customer interactions. Within this expanding AI landscape, email and communication solutions play a vital role, answering the need for more seamless, productive workflows that serve professionals and organizations on a global scale.

Rohan, who launched Mailr AI while still in high school, has demonstrated the growing role of young entrepreneurs in tech. His journey shows how the increasing popularity of the AI industry has led to massive opportunities for innovators of all ages. After this acquisition, Rohan is still committed to working in the AI/tech space to solve complex problems. 
Summary: Mailr, an artificial intelligence email platform founded by 16-year-old entrepreneur Rohan Philip, has been acquired by MailWiz Inc., a company established by a Y Combinator alumnus. The startup earned international recognition, ranking as Product Hunt’s #5 Product of the Day, and featuring as a case study at UC San Diego’s Rady School of Business. Using advanced AI technology, Mailr learns writing styles to automate high-volume email correspondence effectively. The acquisition aligns with the AI industry’s explosive growth, which is currently valued at $184 billion and projected to reach $850 billion by 2030.

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Ortoo Launches Smart Actions: Revolutionary AI-Powered Salesforce App https://www.prfire.com/news-releases/ortoo-launches-smart-actions-revolutionary-ai-powered-salesforce-app/ Tue, 20 Aug 2024 15:03:02 +0000 https://www.prfire.com/news-releases/ortoo-launches-smart-actions-revolutionary-ai-powered-salesforce-app/ LONDON, UK. August 15th, 2024 – Ortoo, a leader in Salesforce productivity solutions, announces the launch of Smart Actions, an innovative Salesforce-native app now available on the Salesforce AppExchange. This groundbreaking tool allows businesses to seamlessly integrate AI automation into their Salesforce workflows, driving efficiency and simplifying complex processes with just a click. Smart Actions …

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LONDON, UK. August 15th, 2024 – Ortoo, a leader in Salesforce productivity solutions, announces the launch of Smart Actions, an innovative Salesforce-native app now available on the Salesforce AppExchange. This groundbreaking tool allows businesses to seamlessly integrate AI automation into their Salesforce workflows, driving efficiency and simplifying complex processes with just a click.
Smart Actions enables businesses to deploy AI and GPT-powered automations across sales, service, and support processes within Salesforce, without the high costs typically associated with advanced AI tools. By integrating directly into Salesforce, Smart Actions makes it easier than ever for companies to automate manual tasks, personalize communications, and optimize their workflows.

“With Smart Actions, we’re making AI automation accessible to businesses of all sizes,” said Amy Grenham, Head of Marketing at Ortoo. “For anyone who’s built a custom GPT using OpenAI, creating a Smart Action is a very similar process. You simply use Ortoo’s prompt builder to set the context, specify the Salesforce fields to analyze, and direct where the output should go. This makes it incredibly easy to deploy AI-driven processes and transform how you operate within Salesforce.”

Key Features and Real-World Impact

  • Automate Email Personalization: Sales reps can generate high-quality, personalized emails with just a click, freeing up time for more valuable tasks.
  • Ensure Consistency: Automated processes maintain a uniform, professional image across all communications.
  • Affordable AI Solutions: Offers powerful AI capabilities without the need for a large upfront investment.
  • Enhance Response Times: Speed up follow-up processes, increasing the likelihood of conversion and improving sales outcomes.
To illustrate the impact of Smart Actions, consider these real-world scenarios:
  • Technology Firm: A tech company uses Smart Actions to generate personalized responses to product inquiries. Sales reps click a button in Salesforce, and the app instantly creates emails tailored to the prospect’s specific questions, ensuring timely and relevant communication that keeps the prospect engaged.
  •  E-commerce Business: An online retailer leverages Smart Actions to send personalized follow-up emails after customer purchases. The app analyzes the customer’s purchase history and generates emails with product recommendations, enhancing the customer’s shopping experience and encouraging repeat business.
  • Financial Services Company: A financial services firm uses Smart Actions to craft personalized investment advice emails based on the prospect’s financial profile. With just a click, sales reps can send tailored advice that builds trust and helps convert prospects into clients.
  • Healthcare Provider: A healthcare provider employs Smart Actions to send personalized appointment reminders and service information. The app generates emails customized to the patient’s needs, improving engagement and satisfaction.

Get Started with Smart Actions Today

Smart Actions is available now on the Salesforce AppExchange. Businesses can start using the app for free, with additional features available through a premium version. For more information or to schedule a demo, visit Ortoo or contact the Ortoo sales team at sales@ortooapps.com.

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Cloud Canaries Announces Snowflake Support for Cloud Intelligence https://www.prfire.com/news-releases/cloud-canaries-announces-snowflake-support-for-cloud-intelligence/ Tue, 02 Apr 2024 16:03:01 +0000 https://www.prfire.com/news-releases/cloud-canaries-announces-snowflake-support-for-cloud-intelligence/ CAMBRIDGE, MASSACHUSETTS, 2 April 2024 – Cloud Canaries, a leading cloud intelligence company, today announced support for the cloud data platform Snowflake. With the latest version of its Aviary Platform, Cloud Canaries customers can store critical workload data directly in Snowflake and use Snowflake Cortex for forecasting enabling teams to analyze and proactively prevent harmful …

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CAMBRIDGE, MASSACHUSETTS, 2 April 2024Cloud Canaries, a leading cloud intelligence company, today announced support for the cloud data platform Snowflake. With the latest version of its Aviary Platform, Cloud Canaries customers can store critical workload data directly in Snowflake and use Snowflake Cortex for forecasting enabling teams to analyze and proactively prevent harmful events.

Cloud intelligence is quickly surpassing traditional cloud monitoring and observability approaches, enabling faster, more informed decision-making. Cloud Canaries simulate workloads and analyze the behavior of systems, applications, and networks to detect anomalies and potential threats. With Cloud Canaries, businesses can quickly detect, uncover, and recover from critical events, including hardware failures, software bugs, vulnerabilities, brand loyalty fluctuations, and supply chain or distribution network challenges. 

The combination of cloud workload data and AI guides automated canaries to investigate, identify, mitigate, and prevent the events now and in the future through the platform itself or connected external solutions. The Aviary Platform is the central hub where users can manage their Cloud Canaries and associated artificial intelligence models.
Snowflake with Cloud Canaries offers seamless access to data for machine learning and analysis while enhancing data security and availability. The latest version includes forecast capabilities using Snowflake Cortex, as the integration of Cortex forecasts with Cloud Canaries’ Aviary Platform includes alarms and notifications within the platform’s health, compliance, and forecast dashboards.

“The addition of Snowflake support advances our cloud intelligence platform by merging AI and data from diverse cloud workloads to enable predictive incident management,” said Mark Callahan, CEO and Founder of Cloud Canaries. We now offer a better approach for teams to monitor and address performance and customer experience issues than traditional monitoring and observability platforms—and at a fraction of the cost.”

ENDS

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Report by The Recursive Sheds Light on CEE’s AI Ecosystem: 900+ Startups, $4.2B in Funding since 2021, Emerging Hub for AI Innovation in Health https://www.prfire.com/news-releases/report-by-the-recursive-sheds-light-on-cees-ai-ecosystem-900-startups-4-2b-in-funding-since-2021-emerging-hub-for-ai-innovation-in-health/ Tue, 28 Nov 2023 15:03:16 +0000 https://www.prfire.com/news-releases/report-by-the-recursive-sheds-light-on-cees-ai-ecosystem-900-startups-4-2b-in-funding-since-2021-emerging-hub-for-ai-innovation-in-health/ Sofia, Bulgaria. 24th October 2023 – The Recursive is pleased to present the most comprehensive report ever done on the state of AI in the Central and Eastern Europe (CEE) region.   “The Recursive CEE AI Report is the first of its kind extensive mapping of the AI innovation ecosystem in Central and Eastern Europe. …

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Sofia, Bulgaria. 24th October 2023 – The Recursive is pleased to present the most comprehensive report ever done on the state of AI in the Central and Eastern Europe (CEE) region.  
“The Recursive CEE AI Report is the first of its kind extensive mapping of the AI innovation ecosystem in Central and Eastern Europe. Our key objective is to point out the strengths and opportunities CEE can leverage to improve its competitiveness on the global map, but we have also observed the bears on the road and potential threats that the region needs to mitigate to realize its full potential as an AI power hub,” commented Zornitsa Stoilova, Editor-in-Chief at The Recursive and one of the authors of the report.

Historical Legacy

Long before the recent global AI boom, the CEE region has been a cradle for some of the most iconic European AI companies. Names like UiPath, Rimac Automobili, SEON, Causaly, Infermedica, Silent Eight, and Dronamics are not just success stories but are testimony to the innovation potential and technical prowess that the region has offered to the world.

Current Landscape

As of today, there are over 900 AI startups in the CEE region. Via the report data, we can observe a significant move away from episodic success stories to a more systemic and repeatable model of success. In line with this trend, over 75 AI companies from the region have raised total funding of at least $10 million, with 24 AI startups raising $50 million or more.

Industry Focus

Healthcare and life sciences stand out as the industry with the most AI innovation in the CEE region. With over 150 companies working on various AI tools, the industry has collectively raised close to $600m, excluding outliers. Applications include diagnosis and therapy, optimization of medical data and process management, patient care support, advancement of research and drug development, and empowerment of patients to take proactive care of their health.
Other industries with significant AI activity include Finance; Marketing, Sales, and Customer Service, with Cybersecurity also seeing a rise.

Investment Scene

The past three years have been pivotal for AI companies in CEE, with a total funding of $4.2 billion, which is more than all previous funding in history combined. However, there is still a significant gap between the number of startups that have raised a seed round and those who reach Series A. 
On the brighter side, there are over 120 VCs in the region actively investing in AI startups, although less than 30% specialize in AI or deep tech. The number of top-tier international investors, such as Sequoia Capital, Accel, Index Ventures, Lightspeed Venture Partners, Dawn Capital, and Atomico investing in local startups, has also been consistently growing.

ENDS

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Genie Releases Free Legal Document Generator Covering 1000+ Contract Types https://www.prfire.com/news-releases/genie-releases-free-legal-document-generator-covering-1000-contract-types/ Tue, 28 Nov 2023 14:03:51 +0000 https://www.prfire.com/news-releases/genie-releases-free-legal-document-generator-covering-1000-contract-types/ London, UK; 21st November, 2023: London based AI legal tech company, Genie AI, has added the ability to create any legal contract, in any jurisdiction, from scratch, to its AI legal assistant. The AI legal assistant can generate an entirely bespoke legal agreement document from over 30 jurisdictions by answering three simple questions. For hundreds …

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London, UK; 21st November, 2023: London based AI legal tech company, Genie AI, has added the ability to create any legal contract, in any jurisdiction, from scratch, to its AI legal assistant.

The AI legal assistant can generate an entirely bespoke legal agreement document from over 30 jurisdictions by answering three simple questions.

For hundreds of years, businesses have relied on law firms to draft complex agreements customised to their needs, especially when they don’t have an existing template to hand. With Genie AI’s new “Create” feature, legal professionals and businesses can generate legal documents in a fraction of the time, compared with hiring external counsel.

The ability to create any legal document from scratch mimics the back-and-forth interaction a client would have with their law firm or lawyer:
  1. Select the contract type you’d like to draft
  2. Choose the relevant governing law
  3. Explain what the contract needs to cover in as much detail as you can
Since it’s beta release just three days ago, users have already generated tailored Software Licence Agreements, Employment Agreements, Loan Agreements, Service Agreements, Tenancy Agreements, Court Documents and hundreds of other documents.
During a demo of this feature to a room full of Legal Professionals at LawtechUK’s recent Generative AI event at Clifford Chance, Rafie Faruq, Genie AI CEO, said: “Foundation models like OpenAI don’t generate long form agreements, are often inconsistent throughout the document and references to law may not be relevant to your jurisdiction. We’ve innovated across all of these areas with our AI create algorithm, plus you can use our AI review skill afterwards to check the quality of the document – saving you hours if not weeks of time!”
Genie AI’s Create feature in action

In other words, Genie’s advanced “Create” and “Review” skills combine to help organisations create high-quality legal agreements in five minutes, not five days, without external counsel. That’s 100x faster and it’s still free to use!

That’s because, while it’s in beta, Genie AI continues to offer its AI Legal Assistant for free. Sign up at https://app.genieai.co/signup

Users should note that the legal quality has so far only been assessed for the UK and US so far.

In the near future, Genie will also release a step-by-step version of “Create” which takes the user through questions for each section of the document, a much needed improvement to the industry standard form “wizard” as you’ll be able to see and tweak your bespoke document in real-time.

ENDS

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Innovation firm INATIGO looks to help financial and wealth management firms close the financial literacy gap within the UK & US through the use of AI Financial Wellness coaches https://www.prfire.com/news-releases/innovation-firm-inatigo-looks-to-help-financial-and-wealth-management-firms-close-the-financial-literacy-gap-within-the-uk-us-through-the-use-of-ai-financial-wellness-coaches/ Tue, 28 Nov 2023 13:46:13 +0000 https://www.prfire.com/news-releases/innovation-firm-inatigo-looks-to-help-financial-and-wealth-management-firms-close-the-financial-literacy-gap-within-the-uk-us-through-the-use-of-ai-financial-wellness-coaches/ Award-nominated innovation and technology firm, INATIGO, launches pioneering conversational chat assistant solution, Alda Ai. Providing financial firms with their own fintech AI financial wellness coach as a service; in order to support individuals and allow firms to tap into the billion-dollar financial wellness market*.  INATIGO’s new AI financial coach expands Alda Ai’s suite of AI …

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Award-nominated innovation and technology firm, INATIGO, launches pioneering conversational chat assistant solution, Alda Ai. Providing financial firms with their own fintech AI financial wellness coach as a service; in order to support individuals and allow firms to tap into the billion-dollar financial wellness market*. 
INATIGO’s new AI financial coach expands Alda Ai’s suite of AI innovation and product offerings which includes a financial well-being platform and an AI customer service assistant. With their 24/7, AI customer service assistant already making waves in the industry, by being a finalist for ‘the most innovative use of AI’ within the WealthBriefing European Awards. Their AI financial coach is poised to change and democratise the financial literacy gap through the use of cutting-edge AI technology, IBM Cloud, and financial education.
With the financial literacy gap affecting more people than ever. Consumers now expect and look to financial firms to help them make better financial decisions. A study by Ernst & Young found that in order for firms to attract and build trust, they need to demonstrate their interest in their customers’ long-term financial well-being in order to maintain or increase market share.
Some financial firms have initiatives to help their customers’ financial well-being. However, the majority of people today consider messaging to be their favourite mode of interaction. A study from Twilio found that “89% of consumers would like to use messaging to communicate with businesses. However, only 48% of businesses are equipped to communicate with their customers through messaging.” Therefore most firms are unable to provide customer service or financial well-being in this form of communication because of a lack of resources and scalable innovation.
Alda Ai’s digital chat assistants were built to provide scalable solutions, and reduce time and costs for financial advisers, wealth management firms, and banks.  Each Alda Ai virtual financial coach is already trained in financial literacy includes years of industry-specific data and is out of the box. This one-of-a-kind AI-powered solution will help firms to digitally acquire, engage, and provide their customers or prospective clients with 24/7 financial literacy, financial programmes, and human-like financial well-being guidance,
“In today’s world technology and AI can and should be used to help firms and their clients effectively engage, support and communicate with each other.” Our solution Alda Ai provides financial firms with new opportunities to digitally acquire new clients and embed their brand’s support and values.” explained INATIGO Co-Founder, Elemi Atigolo.
“Through this pandemic, we have seen the surge for on-demand approaches. With consumers becoming more tech-savvy than ever, the expectation for a more digitally enhanced and engaging experience has now become a prerequisite of any consumer experience. Simple contact forms and articles just don’t deliver anymore.” says INATIGO Co-Founder, Ashlea Atigolo.
*U.S. Financial Wellness Benefits Market – Industry Outlook and Forecast 2021-2026 – Arizton

The post Innovation firm INATIGO looks to help financial and wealth management firms close the financial literacy gap within the UK & US through the use of AI Financial Wellness coaches appeared first on PR FIRE US.

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