America’s consumer watchdog is among the many organizations beefing up its artificial intelligence (AI) safeguards. In an interview with The Associated Press on Friday (May 26), Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra said his agency has “already started some work to continue to muscle up...
The CEO of Nvidia issued a warning this weekend: Embrace AI or get left behind. In his commencement address Saturday (May 27) at National Taiwan University in Taipei, Jensen Huang said artificial intelligence (AI) is set to alter the corporate world. “Agile companies will take advantage of...
OpenAI plans to continue operating in Europe, CEO Sam Altman tweeted Friday (May 26). Altman had told Reuters on Wednesday (May 24) that the ChatGPT creator might leave Europe if the AI Act being developed by the European Union (EU) overregulates the technology. His Friday...
Among the best ways to gauge the interest in, and evolution of, new technology is to follow the money. A few data points, measured in dollars through the past several days underscore the fast tracking that’s occurring for generative artificial intelligence (AI). On Thursday, shares of...
The president of Microsoft says deepfakes are his biggest AI-related worry. Speaking Thursday (May 25) in Washington on how to regulate artificial intelligence (AI), Brad Smith said there needs to be a way for people to tell real content from AI-generated material, especially when that...
TikTok is testing an artificial intelligence (AI)-powered chatbot that helps users search for and discover content. The chatbot is called Tako and is being tested with select users in the Philippines, the social media platform said Thursday (May 25) in a Twitter thread. “Tako is...
Artificial intelligence (AI) firm Anthropic has raised $450 million to develop its AI assistant. The Series C round, announced Tuesday (May 23), comes amid a wave of funding for generative AI companies, and as governments grapple with ways to regulate the industry. Anthropic’s round was...
While generative artificial intelligence (AI) makes headlines, the technology has for years been driving efficiencies. Particularly within the payments space. Already, automated machine learning (ML) and predictive AI solutions are helping firms streamline formerly manual processes within areas like accounts payable (AP) and accounts receivable (AR), cash flow forecasting,...
Shopping has evolved into an activity that can take place anytime and anywhere. As a result, businesses face a perpetual challenge in distinguishing themselves and establishing connections with prospective customers. And while offering up visually enticing and unique imagery can attract the attention of shoppers,...
