Connect with us

AI in Travel

Yandex Türkiye launches AI-powered finance and travel tools, eyes expansion in mobility sector

Published

on


Photo shows Yandex Türkiye website on the display of a computer, accessed on July 22, 2025. (Adobe Stock Photo)

July 23, 2025 12:06 AM GMT+03:00

Yandex Türkiye unveiled a series of summer updates Friday, introducing new artificial intelligence-driven tools for finance, travel planning, and search functionality, as part of efforts to broaden its digital services and strengthen its presence in Türkiye’s growing tech and mobility markets.

The new offerings, branded Yandex Travel and Yandex Finance, aim to help users plan vacations and business trips more efficiently while providing real-time financial data. These features are integrated into Yandex’s search engine Yazeka and its answer platform Yandex Cevap, which now includes a “Reasoning Mode” to deliver deeper, more structured responses using wider information sources.

Yandex Türkiye CEO and Yandex Search International Chief Executive Alexander Popovskiy emphasized the company’s ambitions to expand in Türkiye’s ride-hailing sector, which he said remains underserved and heavily regulated.

Turkish market ‘significantly underserved’

“We have always been saying that the Turkish market is significantly underserved in terms of ride-hailing, in terms of taxi services,” Popovskiy told Turkish news agency Anadolu. “The current regulation is very strict. Supply is very limited. It is sensible in such cities like Istanbul.”

Popovskiy estimated that Istanbul’s ride-hailing market could support up to ten times more taxis than currently operate and suggested the sector’s financial value could grow fivefold if liberalized. He stressed that liberalization would benefit users, drivers, fleet owners, and platforms alike.

Rear view of a woman sitting at a computer with the Yandex logo on the monitor in Novosibirsk, Russia on September 16, 2020. (Adobe Stock Photo)

As a preparatory step, Yandex is gaining experience in cities such as Ankara, Izmir, and Antalya before fully entering Istanbul’s competitive market. Yandex Go recently received an electronic service license from Istanbul Metropolitan Municipality, a key milestone toward expanding in the city.

In travel, Yandex Travel allows users to compare hotel and flight prices across multiple partners, with plans to add other transportation options like buses. Popovskiy said the company aims to integrate artificial intelligence more deeply to transform travel planning into an interactive, chat-like experience.

AI-powered access to currency exchange rates

Yandex Finance Türkiye provides users with AI-powered access to currency exchange rates, stock prices, cryptocurrency updates, and economic news. Popovskiy said it offers a more comprehensive experience than similar services elsewhere and is working toward integration with Yazeka to potentially deliver personalized financial recommendations.

Yazeka, Yandex’s answer engine, now handles nearly one in four search queries in Türkiye. Its latest feature, Reasoning Mode, enables users to request more detailed answers by drawing from a wider range of verified sources.

“With internet search, you should always remember the balance between quality and speed,” Popovskiy said. “If you want a more comprehensive answer, you just click one button. And then Yazeka starts thinking more deeply about your request.”

Popovskiy also hinted at future plans for Yazeka to become a standalone application, possibly with its own unique personality.

The 2025 updates mark a significant push by Yandex to expand its footprint across Türkiye’s mobility, travel, finance, and AI sectors.

July 23, 2025 12:06 AM GMT+03:00



Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

AI in Travel

STB, OpenAI ink MOU to drive advanced AI adoption across tourism sector

Published

on


[SINGAPORE] The Singapore Tourism Board (STB) has inked a memorandum of understanding with ChatGPT-maker OpenAI to drive the adoption of advanced artificial intelligence (AI) across the city-state’s tourism sector.

Going beyond traditional AI systems, advanced AI can perform complex cognitive tasks and generate human-like responses – by using machine learning generative capabilities to do things like understand natural language, analyse data at scale and create personalised, context-dependent solutions.

The collaboration will prepare STB and Singapore’s tourism sector for an AI-driven future and lay the groundwork for the sector to benefit from the latest AI advancements, the board said on Wednesday (Jul 23).

This aligns with STB’s Tourism 2040 roadmap – which prioritises developing a future-ready tourism sector – as it will prepare the sector for evolving technological advancements and transformative changes in the travel industry.

Jordan Tan, STB chief technology officer, said: “We see tremendous potential in this collaboration with OpenAI to drive innovation and agility in the tourism sector. By leveraging OpenAI’s capabilities, we envision AI as a key enabler in addressing productivity challenges and accelerating digital transformation across the sector.”

Speaking on the partnership, Oliver Jay, managing director of international at OpenAI, said the company would support STB in integrating its technology across multiple applications.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Improving visitor experience

Under the tie-up, STB will adopt OpenAI’s technology and explore potential use cases where advanced tools and robotics can be incorporated into tourism.

STB will evaluate the impact of such use cases, explore their scalability and potentially launch trials with relevant sector partners.

The board will use OpenAI’s capabilities to enhance visitor experiences through greater personalisation and engagement, as well as to improve organisational and industry productivity.

This could involve working with tourism businesses, such as hotels and attractions, to provide tailored recommendations and multilingual assistance, STB said. It may also include delivering immersive storytelling initiatives that create memorable experiences.

“These initiatives will ultimately encourage repeat visits and (serve as) advocacy for Singapore,” the STB said.

Moreover, the use of advanced AI will help deepen insights, refine destination marketing and product strategies, and support industry stakeholders in creating responsive services, the board added.

OpenAI was founded in 2015 by a group including its CEO Sam Altman and Elon Musk, the world’s richest person. However, Musk has since left the firm.



Source link

Continue Reading

AI in Travel

STB, OpenAI ink MoU to accelerate AI adoption for tourism sector

Published

on


Singapore – The Singapore Tourism Board (STB) and OpenAI have inked a memorandum of understanding to accelerate Advanced AI adoption across the country’s tourism sector. The move marks the first MoU between a national tourism organisation in Asia and OpenAI, reflecting Singapore’s commitment to innovation.

The collaboration will see STB leveraging OpenAI’s capabilities to enhance travellers’ experiences while improving the organisation’s operations. 

Using Advanced AI, STB is looking to unlock insights to redefine destination marketing and its product strategies. Its efforts will include delivering tailored recommendations, multilingual assistance, and immersive storytelling.

Through the MoU, STB will incorporate tools and robotics, exploring potential use cases and scalability within the tourism sector.

OpenAI’s technology is expected to drive STB’s AI-powered future, setting the sector’s journey towards incorporating the latest technological advancements.

Jordan Tan, chief technology officer at Singapore Tourism Board, said, “We see tremendous potential in this collaboration with OpenAI to drive innovation and agility in the tourism sector. By leveraging OpenAI’s capabilities, we envision AI as a key enabler in addressing productivity challenges and accelerating digital transformation across the sector.”

“This collaboration aligns with our Tourism 2040 roadmap to prepare the industry for evolving technological advancements, laying the foundation for transformative changes in the travel industry. From helping businesses boost operational efficiency to enhancing visitor experience through greater personalisation and engagement, these initiatives will ultimately encourage repeat visits and advocacy for Singapore,” Tan added.

Oliver Jay, managing director of international at OpenAI, said, “Singapore has consistently set global standards in innovation, and we are proud to support STB’s commitment to shaping the future of tourism through AI. By integrating OpenAI’s technology across multiple applications, we look forward to helping STB redefine visitor experiences at scale and drive new standards of excellence within the global tourism industry.”



Source link

Continue Reading

AI in Travel

How AI is transforming travel safety for real people

Published

on


For decades, travel risk management focused on the map, flagging “high-risk” destinations based on war zones, civil unrest or health crises. But the map doesn’t tell the whole story. Risk isn’t just about where you go; it’s also about who you are.

Most traditional travel risk models are built around a generic traveler profile: a businessperson, a tourist, a woman. But people aren’t personas; they’re layered and complex—and so are their risks.

A solo female traveler, for example, isn’t defined just by her gender. She might be a young LGBTQ consultant traveling to the United Arab Emirates, where her identity exposes her to elevated risks. A frequent-flying executive might also be managing an invisible health condition. A tech contractor traveling to Israel on an Iranian passport faces an entirely different risk profile than their British colleague on the same trip.

These risks don’t show up on traditional heat maps, but they are real, deeply personal and potentially life-threatening. Where people are going still matters, but who they are is what truly defines their risk. It’s this personal context that shapes their vulnerabilities. This is where AI comes in, not as a gimmick but as a critical tool in reshaping how we assess and manage travel safety.

From reading to predicting and personalizing risk

The old model waited until something happened, sending out a travel alert after an incident: “There’s been an attack in Paris.” Helpful? Maybe. But today, artificial intelligence (AI) is changing the game.

By analyzing real-time data streams, from news and social media to travel patterns, AI can now anticipate disruptions and alert travelers before they’re caught in the chaos. Tomorrow’s approach sounds more like: “Unrest is likely next week in this district. Let’s adjust your itinerary before things escalate.”

Even more powerful is AI’s ability to personalize those alerts. Not everyone faces the same risks. A city marked “low risk” for the average traveler might still be dangerous for someone who is trans, part of a religious minority or carrying identity markers that could draw unwanted attention at borders or during interactions with local authorities.

Instead of sending generic warnings, AI tools can deliver encrypted, discreet messages tailored to a traveler’s unique profile, destination and situation. These alerts are personalized, relevant and, most importantly, private. This shift from reaction to prediction to personalization is where AI truly proves its value.

AI doesn’t work alone

Let’s be clear: AI isn’t flawless. It can process vast amounts of data and identify risk patterns, but it doesn’t experience fear or understand what safety feels like to you. It might flag a district with a higher incident rate at night, but it can’t sense the quiet unease a lone traveler might feel while walking through it. It struggles to interpret cultural nuances or the subtle signals that make a place feel welcoming, or not.

AI also can’t function without data, and that’s where things get sensitive.

Its effectiveness hinges on access to detailed traveler profiles, including data points like nationality, gender identity, health conditions and sexual orientation. This is deeply personal information. Building smarter systems must never come at the expense of privacy.

The question is: How do we protect traveler data while delivering tailored safety? Some companies are now exploring secure digital travel wallets, tools that store identity data locally, keeping it encrypted and accessible only to vetted systems.

Integrating AI into travel risk management must go hand in hand with ethical data governance, transparency and traveler control. If travelers don’t trust the system, they won’t use it, and that leads to a safety failure.

As AI takes over the tactical side of risk management, the role of travel managers is evolving. They are becoming decision-makers, advocates and the human judgment that AI can’t replicate. Their job now is to step in when the system falls short.

The silo problem

Despite AI’s promise, its full potential is still being held back by a persistent issue: fragmentation. Travel managers, suppliers, tech platforms and insurers each hold pieces of the safety puzzle, but too often, they operate in isolation. When systems don’t communicate, people fall through the cracks.

Take the case of a British traveler flying into Mexico City. AI flags a potential threat near their hotel, but the itinerary management system doesn’t recognize it. The company’s policy doesn’t allow last-minute hotel changes. The result? The traveler is stuck. Not because the data was wrong, but because the system wasn’t aligned.

Time for leadership

AI is already reshaping how we think about travel risk, but only if we use it boldly and responsibly. In the United States, for example, 82% of companies used AI to manage business travel in 2024, up from 69% in 2023. Strong leadership is essential to ensure AI is applied equitably and effectively.

That means investing not just in technology but in the ecosystems that support it: data governance, traveler education, human oversight and ethical policies.

Travelers don’t need more alerts. They need better ones: smart, timely and relevant. It’s not just about identifying risks; it’s about understanding who is at risk. The companies that embrace this shift won’t just reduce risk. They’ll build trust, protect their people and lead the future of travel.

Because in the end, this isn’t just about AI. It’s about real people facing real risks, finally being seen for who they are.

About the author…

Suzanne Sangiovese is the CEO at Riskline.



Source link

Continue Reading

Trending

Copyright © 2025 AISTORIZ. For enquiries email at prompt@travelstoriz.com