artificial intelligence

artificial intelligence
Open-Source Models May Bring Businesses Greater Access to AI Tools
September 30, 2024

Open-source artificial intelligence (AI) models are rapidly closing the gap with proprietary systems, a shift that could dramatically reshape the business landscape by giving companies of all sizes access to powerful, affordable AI tools. Get the Full Story Complete the form to unlock this article...

artificial intelligence
OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
September 30, 2024

OpenAI, the creator of ChatGPT, is reportedly considering transitioning to a for-profit model. This strategic pivot is reshaping the artificial intelligence (AI) landscape, raising questions about the future of AI innovation, market competition and partnerships in the tech world. Get the Full Story Complete the...

artificial intelligence
Microsoft Prepares to Relaunch AI-Powered Recall Offering
September 29, 2024

Microsoft is taking another stab at rolling out its AI-powered Recall program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

artificial intelligence
Newsom Vetoes Controversial CA AI Bill
September 29, 2024

California Gov. Gavin Newsom killed the “kill switch” on artificial intelligence (AI) Sunday (Sept. 29), vetoing a bill that would have introduced safety testing requirements for AI companies developing models that cost more than $100 million or those using substantial computing power. Get the Full...

artificial intelligence
OpenAI Reportedly Projects $5 Billion Loss This Year
September 29, 2024

OpenAI reportedly earned $300 million in revenue in August, up 1,700% since the start of 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

artificial intelligence
Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
September 29, 2024

Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

artificial intelligence
AI Chip Demand Surge Sparks Debate on Future Shortages
September 27, 2024

The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact on supply chains, consumer markets and innovation. Get the Full Story Complete the form to unlock this article and enjoy...

artificial intelligence
72% of Finance Leaders Use AI in Their Operations
September 27, 2024

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools could redefine not only operational strategies, but also the essence of customer interactions. Get the Full Story Complete the form...

artificial intelligence
AI Chatbots Could Become Cybercriminals’ Latest Weapon
September 26, 2024

Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...