Generative AI

Technology

Last mentioned: 7h ago

Timeline

  1. GenAI Pilot Completion

    Successful completion of the pilot for image-based underwriting using Multimodal LLMs.

  2. AI Unit Formation

    Establishment of the Data Science and Artificial Intelligence Unit to optimize unit economics.

  3. Google Capital Investment

    Aye Finance becomes the first Indian NBFC to receive equity from Google Capital.

Stories mentioning Generative AI 5

Leadership Bullish

Deloitte Ghana Urges Shift from AI Hype to Measurable Business Value

Deloitte Ghana's leadership is calling for a strategic pivot from experimental AI projects to solutions that deliver tangible ROI and operational efficiency. As generative and agentic AI become embedded in enterprise tools, the focus is shifting toward data governance and regulatory alignment to bridge the gap between technological promise and real-world impact.

2 sources
Launches Bullish

Aye Finance Pilots GenAI for Image-Based MSME Underwriting

Aye Finance has successfully piloted a Generative AI model that estimates business sales for micro-MSMEs using store images. This Multimodal Large Language Model (MLLM) integration aims to reduce underwriting costs and standardize credit access for small traders in India's Tier 2 cities and beyond.

2 sources
Market Trends Bearish

WiseTech Global to Cut 2,000 Jobs as AI Ends the Era of Manual Coding

Logistics software giant WiseTech Global has announced a workforce reduction of 2,000 positions over the next two years, citing a fundamental shift where generative AI has rendered manual coding obsolete. This strategic pivot marks one of the first major instances of a leading tech firm explicitly replacing a third of its engineering capacity with AI-driven automation.

2 sources