AI venture capital investment nears 2019 historical high

COVID-19 greatly accelerated the speed of digital transformation in enterprise. The global Venture Capital (VC) investment in Artificial Intelligence (AI) was close to its peak, reaching $US22.3 billion in 2021. According to ABI Research, a global technology intelligence firm, this is just $US0.4 million shy of the historical high of $US22.7 billion recorded in 2019. Compared to…

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UiPath empowers Sumitomo Mitsui Trust Bank

Over four years, the bank has automated over 250 critical business operations UiPath, a leading enterprise automation software company, today announced that Sumitomo Mitsui Trust Bank, Limited has deployed the UiPath Platform, resulting in savings of more than 400,000 total hours in labor-intensive tasks. Over four years, the UiPath end-to-end…

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