Box, Inc. has announced its acquisition of Alphamoon's AI-powered intelligent document processing (IDP) technology. Coupled with Box's recent acquisition of Crooze, this significantly expands the company's Intelligent Content Management (ICM) platform capabilities.
Kodak Alaris has been acquired by Kingswood Capital Management, an LA-based private equity firm focussed on buyouts of businesses with operational improvement potential. The sale price was not disclosed.
A well-meaning manager thought they were doing the right thing by updating staff on the welfare of an employee who was hospitalised after collapsing in the company carpark. Australian Privacy Commissioner Carly Kind has disagreed and fined the firm $3000 for breaching the employee's privacy.
At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.
Organisations with several thousand employees or more are the most likely to be affected by lateral phishing, where attacks are sent to mailboxes across the organisation from an already compromised internal account, according to a new Threat Spotlight from Barracuda.
Document automation has become a key tool for enterprises to improve efficiency and reduce costs. With the rise of generative AI in late 2022, Large Language Models (LLMs) like GPT, Gemini and Llama have demonstrated immense potential in document automation processing.
A new study published in Nature has raised alarm bells about the future of artificial intelligence (AI) development, warning that training AI models on AI-generated text can lead to rapid deterioration in output quality. This phenomenon, dubbed "model collapse," could potentially halt progress in large language models (LLMs) as they exhaust human-derived training data and increasingly encounter AI-generated content online.
Australian businesses are facing unprecedented financial risks from data breaches, with the average cost reaching a record AUD $4.26 million in 2024, according to IBM's annual Cost of a Data Breach Report, a 27% increase since 2020.
The Victorian Office of Public Prosecutions (OPP) has implemented a new matter management system, 'Amicus', on the Appian AI Process Platform. The solution leverages Appian's data fabric and process automation technology suite to accelerate prosecutions. Using Appian, the OPP anticipates a productivity gain of over 10% annually.
The Australian Securities and Investments Commission (ASIC) and the Office of the Australian Information Commissioner (OAIC) have signed a Memorandum of Understanding (MoU) for the sharing of data and privacy breach information.
