artificial intelligence

artificial intelligence
OpenAI CEO Sam Altman: Company Considering ‘Different Open-Source Strategy’
February 02, 2025

OpenAI is reportedly reconsidering its recent shift to a closed-source development approach. 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
This Week in AI: DeepSeek Hits Chip Stocks, Meta Stays Pat on AI Spending, SoftBank...
January 31, 2025

DeepSeek was the talk of Silicon Valley and Wall Street this week after it singlehandedly wiped nearly $600 billion of market value from Nvidia. Its $5.6 million cost to train its foundation models with only about 2,000 of slower H800 Nvidia chips brought concerns of...

artificial intelligence
Oracle Debuts AI Agents to Automate Supply Chain Tasks
January 30, 2025

Oracle has added role-based artificial intelligence (AI) agents to its cloud supply chain and manufacturing suite. 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
SoftBank Reportedly Weighs $25 Billion OpenAI Investment 
January 30, 2025

SoftBank is reportedly in discussions to invest up to $25 billion into OpenAI. 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....

artificial intelligence
Anthropic CEO Dario Amodei: DeepSeek’s Threat to AI Companies ‘Greatly Overstated’
January 29, 2025

Anthropic CEO Dario Amodei wrote in an essay posted Wednesday (Jan. 29) that claims about Chinese artificial intelligence (AI) company DeepSeek’s potential threat to U.S. AI leadership is “greatly overstated” and that the drop in chipmaker Nvidia’s stock driven by the release of the DeepSeek’s...

artificial intelligence
BIS: Central Banks Need ‘Comprehensive Risk Management Strategy’ for AI
January 29, 2025

Central banks must balance innovation and risk mitigation when looking to adopt artificial intelligence, the Bank for International Settlements (BIS) said in a report released Wednesday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

artificial intelligence
AI Regulations: Texas’ Sweeping AI Bill and the Vatican’s Policy
January 29, 2025

A Texas bill that seeks to rein in harms from artificial intelligence (AI) is being lambasted as rivaling the regulatory heavy-handedness of California and Europe, despite its reputation as a pro-business, conservative state. Get the Full Story Complete the form to unlock this article and...

artificial intelligence
Microsoft Investigates DeepSeek-Tied Group’s Access to OpenAI Data
January 29, 2025

Microsoft and OpenAI are reportedly investigating whether OpenAI’s data was improperly accessed by a group tied to DeepSeek. 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...

artificial intelligence
57% of Information Sector Firms Achieve High ROI From GenAI
January 29, 2025

You’ve heard of the digital divide. When it comes to generative artificial intelligence (GenAI), there’s also an ROI divide. A recent PYMNTS report, “Generative AI’s ROI Divide: How Leading Industries Are Innovating While Others Lag,” provides a compelling look at the current landscape of GenAI...