Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
UAE Launches Bilingual Gen AI Named Jais
Artificial Intelligence
UAE Launches Bilingual Gen AI Named Jais
August 31, 2023

Today’s large language models (LLMs) aren’t actually trained on that large a set of languages. 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,...

Report: OpenAI Competitor Cohere Seeking Valuation Higher Than $2.2 Billion
Artificial Intelligence
Report: OpenAI Competitor Cohere Seeking Valuation Higher Than $2.2 Billion
August 31, 2023

Artificial intelligence (AI) startup Cohere is reportedly working on a new funding round, two months after completing its previous one. 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...

Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
Artificial Intelligence
Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
August 31, 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Why Apple and Amazon Are Using AI Models, Not Selling Them
Artificial Intelligence
Why Apple and Amazon Are Using AI Models, Not Selling Them
August 30, 2023

Who is winning Big Tech’s generative artificial intelligence (AI) war? 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 completing this...

Report: Reid Hoffman Reduces Role at Greylock Partners to Focus on AI
Artificial Intelligence
Report: Reid Hoffman Reduces Role at Greylock Partners to Focus on AI
August 30, 2023

Venture firm Greylock Partners is reportedly experiencing a transition as Reid Hoffman, a prominent figure in the tech industry, scales back his involvement in new deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

AI21 Labs Valued at $1.4 Billion After $155 Million Funding Round
Artificial Intelligence
AI21 Labs Valued at $1.4 Billion After $155 Million Funding Round
August 30, 2023

AI21 Labs has raised $155 million in Series C funding to further develop and provide generative artificial intelligence (AI) services to businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Report: OpenAI Faces New Complaint Regarding GDPR Compliance
Artificial Intelligence
Report: OpenAI Faces New Complaint Regarding GDPR Compliance
August 30, 2023

OpenAI is reportedly facing a complaint filed with the Polish data protection authority that raises concerns about the company’s compliance with the European Union’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

AI or Human? It Can Be Hard to Tell
Artificial Intelligence
AI or Human? It Can Be Hard to Tell
August 30, 2023

How do we decide whether a piece of text was created by a human, artificial intelligence (AI) or a combination of the two? Some studies find that more than half of individuals cannot accurately identify content made by AI chatbots. That percentage jumps to 66%...

Report: OpenAI Approaches $1 Billion in Yearly Revenue
Artificial Intelligence
Report: OpenAI Approaches $1 Billion in Yearly Revenue
August 30, 2023

OpenAI is reportedly on the road to reaching $1 billion in yearly revenue. 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....