Standard Chartered’s Investment Arm, SBI Holdings to Set Up Digital Asset Joint Venture in the UAE 
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes 
Momenta Launches Hong Kong IPO to Raise Up to $751 Million for AI and Robotaxi Expansion 
Australia Sues Amazon Over Prime Video Ads and Subscription Terms 
Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand 
Mastercard Partners with Reserve Bank of Australia for Groundbreaking CBDC-NFT Trial 
Citi Unveils Blockchain Platform 'Citi Token Services' for Enhanced Digital Asset Interaction 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe 
PayPal Shares Climb 7% Amid Strong Profit Forecast, SEC Scrutiny 
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027 
South32 Sells Major Aluminium Assets to Alcoa in Deal Worth Up to $5.6 Billion 
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs 
Indian Banks Disburse Employee Benefits Through Digital Rupee, Boosting RBI's Target Transactions 
Kraken's Jesse Powell Criticizes SEC Over Legal Action 
Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
Visa has announced the launch of its new global artificial intelligence advisory practice. This exciting addition to Visa Consulting & Analytics (VCA) aims to provide actionable insights and recommendations to help clients harness the potential of AI,
Unleashing the Power of Generative AI
The new AI advisory practice comes at a time when generative AI is transforming industries worldwide, Cointelegraph noted. Visa aims to revolutionize the payments sector by using AI not only to enhance payment experiences but also to empower its clients to redefine how they serve their customers.
Visa's AI advisory practice will be supported by its vast network of over 1,000 consultants, data scientists, and product experts spread across 75 offices on six continents, according to a BusinessWire press release. This global reach allows Visa to offer a full suite of client services, covering areas such as acquisition, engagement, retention, and risk management.
Visa's foray into the AI advisory space comes shortly after the company launched a $100 million AI venture fund. This fund is dedicated to supporting innovation and development in the generative AI sector.
The aim is to foster the adoption and advancement of AI models like OpenAI's ChatGPT and Anthropic's Claude 2, which have gained popularity for their ability to generate human-like content across various media formats.
Redefining Machine Learning with Generative AI
Generative AI, a burgeoning sector within machine learning, is revolutionizing content creation. By training models on specific datasets, generative AI enables the production of text, images, audio, and video content that closely resemble human creations.
Visa's AI advisory practice leverages this cutting-edge technology to provide clients with valuable insights tailored to their unique business needs.
Visa's AI advisory practice stands out due to its extensive expertise and worldwide presence. With a team of skilled consultants, data scientists, and product experts, Visa is committed to empowering its clients across the globe.
The payments sector is at the forefront of the AI revolution, and Visa is leading the charge. With its AI advisory practice, Visa provides clients with the tools to enhance customer acquisition, engagement, retention, and risk management, solidifying its position as a pioneer in shaping the payments industry.
Photo: Visa Website
