Quick Buzz Feed

Register: Risky Future AI Tools for Homeowners Data ‘Demo Day’ on May 13

Insurance Journal's 'Risky Future' series is presenting the 'AI Tools for Homeowners Data' Demo Day on May 13, a significant free virtual event tailored specifically for home insurers. This exclusive demonstration day will showcase a variety of cutting-edge AI tools and sophisticated property data platforms. The primary objective is to equip insurance professionals with advanced capabilities to significantly enhance various critical operations, including homeowners underwriting processes, precise catastrophe modeling, thorough property inspection and analysis, and numerous other vital aspects of property insurance management.

Lawmakers propose to establish AI guardrails for VA in FY27 funding

May 12,26 | 01:42 EST

Reps. Paul Gosar, R-Ariz., and James Walkinshaw, D-Va., are looking to address concerns about unregulated uses of artificial intelligence in separate amendments offered to the House Fiscal Year 2027 Military Construction, Veterans Affairs and Related Agencies Bill.

UConn Law Professor Examines How AI Shapes the Racial Wealth Gap

May 12,26 | 01:41 EST

Behind automated housing decisions, résumé filters, and credit scores are systems shaping real people’s financial futures. New research highlights how those outcomes can shape whether people are able to build financial stability.

The new alliance uniting the hotel industry’s efforts around artificial intelligence

May 12,26 | 01:39 EST

Hotel technology expert Ira Vouk formed the AI Hospitality Alliance in part to help solve fragmentation and spur innovation across the hotel industry.

Anthropic says its newest lawyer tools are 'like giving an engineer a legal degree'

May 12,26 | 01:38 EST

Anthropic's new release of legal AI tools for Claude Cowork is an ambitious effort to become the law industry's new hub.

Artificial Intelligence’s No. 1 Bottleneck Just Surged 497%

May 12,26 | 01:34 EST

Artificial intelligence has transformed obscure hardware components like DRAM memory into economic kingmakers. With DRAM export prices from South Korea surging 497% in the past year, this critical bottleneck is now as vital to AI growth as GPUs, requiring massive amounts of memory for real-time data processing.

Chicago exploring ways to use AI in road operations in effort to improve safety

May 12,26 | 01:32 EST

The city of Chicago has signed a written agreement to explore ways to use artificial intelligence in road operations in an effort to improve safety and increase cost efficiency.

DOE Explains...Artificial Intelligence

May 12,26 | 01:31 EST

Artificial Intelligence (AI) refers to intelligence in machines, differentiating it from the natural intelligence found in humans. Emerging as a formal field in 1956, early AI focused on mathematical problem-solving but faced significant challenges. Recent advancements in computing power and the availability of vast datasets have revitalized AI research. This includes breakthroughs in machine learning, where systems learn automatically from data to improve tasks like trip planning, and deep learning, which uses complex neural networks to handle intricate tasks for digital assistants such as Amazon Alexa, Apple Siri, and Google Assistant, requiring substantial computational resources for training and decision-making.

Artificial Intelligence at Travelers

May 11,26 | 01:43 EST

Travelers Companies, Inc. is one of the largest property and casualty insurers in the United States, serving personal, business, and specialty insurance customers across North America, the United Kingdom, and Ireland. In 2023, the company reported total revenues of $41.364 billion and net income of $2.991 billion, according to its…