Post Tagged with: "artificial intelligence"

How Cortica is Teaching Autonomous Vehicles [VIDEO]

How Cortica is Teaching Autonomous Vehicles [VIDEO]

August 4, 2017 at 9:00 am 0 comments

It appears artificial intelligence is getting the Montessori treatment when it comes to self-learning. Cortica, an international AI startup, is implementing unsupervised learning that allows an autonomous system to process data and figure out its environment. For perspective, supervised machine learning is when the AI is given a set of examplesRead More

CarLabs to Launch OEM Chatbot

CarLabs to Launch OEM Chatbot

July 28, 2017 at 9:30 am 1 comment

  CarLabs is working with an undisclosed OEM to launch a chatbot by September, which could include integration of the captive finance arm, Brendan Flynn, vice president of marketing, told Auto Finance News. CarLabs offers a business-to-business car shopping solution for users on platforms like Facebook Messenger and Amazon’s Alexa. FinancingRead More

Even Electric Partners With Microsoft for EV Sales Platform

Even Electric Partners With Microsoft for EV Sales Platform

July 10, 2017 at 9:15 am 0 comments

Even Electric and Microsoft inked a deal to sell electric vehicles on a new “smart trading platform,” which Even Electric hopes will become the “go-to” for OEMs’ electric vehicles, said Gisli Gislason, chief executive of Even Electric. “In order to get cars to users, you need to simplify the system,” Gislason said. “TheRead More

Digital Labor Defined and Applied in Auto Finance

Digital Labor Defined and Applied in Auto Finance

June 30, 2017 at 9:15 am 0 comments

Digital labor technologies, like robotic process automation (RPA) and artificial intelligence (AI) have the potential to transform the delivery of processes in the front, middle, and back offices of financial institutions. While 44% of enterprise global banking, financial services, and insurance global enterprises surveyed by HfS and KPMG planned on making a significant investment in RPA over the next twoRead More

ALD Automotive to Launch AI Chatbot

ALD Automotive to Launch AI Chatbot

May 15, 2017 at 4:37 pm 0 comments

ALD Automotive will launch a chatbot using Facebook Messenger and artificial intelligence in Poland this month, following an internal innovation challenge that ALD hosted for its employees last year, Auto Finance News has learned. The leasing and fleet management provider hosts several innovation challenges throughout the year, primarily for startups but also forRead More

German Autolabs Eyes In-Car Loan Payments With New AI System

German Autolabs Eyes In-Car Loan Payments With New AI System

April 6, 2017 at 9:45 am 0 comments

As technology continues to advance, bringing about new social media platforms and gaming apps, distracted driving casualties continue to rise. And German Autolabs has a solution which will not only prevent distracted driving, but could even transform the way consumers make auto loan payments, Mobility Buzz has learned. German Autolabs, a  provider of internetRead More

4 Integral Autonomous Car Technologies Under Development

4 Integral Autonomous Car Technologies Under Development

March 9, 2017 at 9:15 am 0 comments

As more automakers test autonomous cars and prep for deployment on public roads, startups and engineers are working tirelessly to develop the technology that will power the vehicles. Innovative advancements have accelerated with the participation of leading car manufacturers, including Ford, Tesla, BMW, and Audi, among others. But, while automakersRead More

Captive Uses AI Tool to Refine Underwriting, Reduce Losses

Captive Uses AI Tool to Refine Underwriting, Reduce Losses

March 1, 2017 at 9:45 am 3 comments

ZestFinance developed and recently launched a lender tool that uses machine learning to originate loans for thin-file borrowers, and the company is already working with one of the “Big Three” captives to implement this system for its auto originations, said Douglas Merrill, founder and chief executive of the company. TheRead More

White Clarke Takes Aim at AI

White Clarke Takes Aim at AI

November 10, 2016 at 10:08 am 0 comments

LONDON — White Clarke Group is starting to look for solutions in artificial intelligence. White Clarke has “started some conversions on the AI side,” Brendan Gleeson, the company’s CEO, said here yesterday. “It is where I really want to go to,” he added. AI enables intelligence, responsive data analysis. Gleeson calledRead More

Slot F