Fintech: Intelligent automation could add $512 billion to finance sector

A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues through intelligent automation. The report, Growth in the Machine, demonstrates the advantages of applying the right combination of robotic process automation (RPA), artificial intelligence (AI), and business process optimisation in the…

Glasswing Ventures closes its artificial intelligence-focused fund with $112 million – TechCrunch

One year after receiving a whopping $75 million commitment to invest in early stage companies applying artificial intelligence to various industries, Glasswing Ventures has closed its debut fund with $112 million.  It’s a significant milestone for a firm that purports to be the largest early stage investor focused on machine learning on the East Coast,…