NewsFeed

June 24, 2025

IBM Leads AI Integration with New Department Creation

Many companies are reevaluating their approach to artificial intelligence (AI) and its integration into their workforce, with some embracing AI as a fundamental part of their organizational structure. For instance, IBM has already made significant strides in this area by creating an entire department dedicated to AI, while Microsoft is exploring the concept of "digital twins" - virtual replicas of physical systems that can be used to optimize operations and decision-making. Similarly, companies like Accenture and Deloitte are investing heavily in AI-powered tools to enhance their services and improve client outcomes. In contrast, some firms remain skeptical, viewing AI as a tool to be implemented within existing processes rather than a fundamental shift in the way they operate.

https://www.pymnts.com/news/artificial-intelligence/2025/agentic-ai-is-redrawing-organizational-chart-smarter-businesses/

June 24, 2025

IBM, Oracle Lead AI-Powered Healthcare Sales Boom

MarketsandMarkets predicts that AI-powered sales will become increasingly prevalent in the healthcare industry, with a projected market value of $1.4 billion by 2027. The company cites a growing demand for personalized medicine and targeted treatments as driving factors. Companies such as IBM and Oracle are already investing heavily in AI-powered sales platforms to improve patient outcomes and streamline clinical workflows.

https://www.prnewswire.com/news-releases/marketsandmarkets-releases-executive-playbook-for-ai-powered-sales-transformation---a-strategic-guide-for-modern-gtm-leaders-302488170.html

June 24, 2025

IBN Sponsors AI Revolution Conference in Silicon Valley

The AI Revolution Conference will feature expert insights into the technologies, ethics, and strategies driving the industry. Keynote sessions include "Tariff Economy and the Future of AI Automation: A Global Balancing Act." IBN, as media sponsor, will leverage its digital tools and channels to reach target audiences and online investors, partnering with 5,000+ syndication partners and 70+ IBN brands with 2 million followers.

https://www.manilatimes.net/2025/06/23/tmt-newswire/globenewswire/ibn-to-serve-as-an-official-media-partner-of-the-3rd-annual-ai-world-week-shaping-the-future-of-innovation-and-investment-on-oct-8-2025/2138079

June 24, 2025

NSW Government Launches $17.7m Authority Hub

The New South Wales government has launched a new Authority to streamline planning processes and coordinate departments for large-scale technology investments, backed by AU$17.7 million. The initiative aims to reduce regulatory complexity and provide regulatory certainty for complex projects like AI data centres and sovereign-scale digital assets. The Innovation Blueprint, funded by nearly AU$80 million, targets high-impact areas such as commercializing emerging technologies and supporting early-stage startups. Tech Central, Australia's largest innovation precinct, will receive AU$38.5 million to foster entrepreneurship and research in AI, fintech, and digital design.

https://opengovasia.com/2025/06/24/new-south-wales-accelerating-tech-innovation-and-investment/

June 24, 2025

Pakistan's AI Sector Faces Regulatory Hurdles

Pakistan's private sector is actively developing AI-driven solutions, but faces challenges due to its ill-prepared legal and regulatory environment. A recent dialogue highlighted issues such as content ownership, liability, and data governance, with experts drawing lessons from India and the UAE's AI regulatory frameworks. Practical solutions proposed include regulatory sandboxes, model IP clauses, and data governance policies. However, participants noted critical challenges including outdated laws, a lack of skilled professionals, inadequate infrastructure, and limited access to funding. Experts emphasized the need for collaboration among stakeholders to promote training and capacity building on AI, particularly in education, to drive progress in the country.

https://www.thenews.com.pk/print/1324220-partnerships-between-stakeholders-imperative-for-better-ai-policy-in-pakistan

June 24, 2025

Protecting User Data in AI Systems Globally

The article discusses the importance of integrating privacy-centric principles into artificial intelligence (AI) systems to mitigate risks, prevent unauthorized data access, and align with global data protection laws. It highlights the need for AI developers to adopt core principles such as transparency, accountability, and user control to ensure that AI systems respect individual privacy rights.

https://www.deccanchronicle.com/technology/in-other-news/privacy-centric-ai-core-principles-and-architectural-strategies-1887032

June 24, 2025

Texas Supreme Court Considers Banning AI in Courts

Bloomberg Law has published a report highlighting the growing issue of fake citations in legal cases. The use of generative artificial intelligence (AI) has led to an increase in such instances, with two New York lawyers recently making headlines for their misuse of AI-generated content. The Texas Supreme Court is considering banning AI across state courts, while a South Texas US court has warned lawyers to verify the authenticity of work generated by AI tools.

https://news.bloomberglaw.com/artificial-intelligence/ai-fake-citations-expose-lawyer-sloppiness-and-training-gaps

June 24, 2025

US State Leaders Prioritize Cost-Cutting Over Modernization

US state and local government IT leaders prioritize reducing costs and improving cybersecurity over modernizing legacy systems this fiscal year, with only 47% considering modernization a top priority. Despite growing enthusiasm for artificial intelligence (AI) adoption, concerns about regulatory and security challenges temper enthusiasm, with 78% lacking clear regulations or standards for AI development. To overcome these hurdles, many leaders are exploring strategic partnerships with the private sector, citing benefits such as improved public services, faster technology adoption, and enhanced citizen quality of life. However, cybersecurity concerns, a lack of skilled employees, and funding issues remain major obstacles to leveraging private sector innovations.

https://www.prnewswire.com/news-releases/budget-and-cyber-pressures-impede-tech-upgrades-by-state-and-local-governments-finds-ey-survey-302482817.html

June 24, 2025

Waystar Study: AI Boosts Healthcare Revenue Cycle Efficiency

Waystar, a leading healthcare payment software provider, has released a commissioned study by Forrester Consulting that highlights the increasing importance of Artificial Intelligence (AI) in revenue cycle management. The study found that 82% of healthcare leaders consider AI integral to their operations and 70% identify it as a top priority. According to Waystar's CEO Matt Hawkins, AI is "fundamentally reshaping how providers operate" and is delivering significant improvements in claim accuracy, denial prevention, workforce efficiency, and payment speed.

https://www.prnewswire.com/news-releases/new-study-reveals-ai-adoption-in-healthcare-payments-reaches-strategic-inflection-point-302488195.html