AI technology

CEOs are ramping up investment in AI technology

21st November 2023 Consumer Lending | #AI technology

Chief Executive Officers (CEOs) are accelerating investments in generative artificial intelligence (GenAI) to maintain a competitive advantage, but most are facing challenges in developing and implementing AI strategies, according to the findings of the latest EY CEO Outlook Pulse survey. The survey of 100 UK CEOs which provides insights on AI, capital allocation, investment, sustainability and…

Over half of SMEs owners have ‘good understanding’ of AI

2nd November 2023 Commercial Credit Management | #AI technology

New data from small business lender iwoca has revealed that while more than half of SME owners (55%) feel they have a good understanding of AI, the majority are nervous about how it will impact their business. The new research also finds that three in ten (27%) SMEs are now using products like ChatGPT across…

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AI technology

CEOs are ramping up investment in AI technology

Over half of SMEs owners have ‘good understanding’ of AI

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