digital transformation

Report: AI Chatbot Maker OpenAI Expects $1B in Revenue by 2024
Report: AI Chatbot Maker OpenAI Expects $1B in Revenue by 2024
December 15, 2022  |  artificial intelligence

AI chatbot maker OpenAI anticipates it will generate $1 billion in revenue by 2024. That’s according to a report Thursday (Dec. 15) by Reuters, citing...

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ManuFuture Taps OpenBOM to Streamline Custom Parts Manufacturing
ManuFuture Taps OpenBOM to Streamline Custom Parts Manufacturing
December 14, 2022  |  B2B Payments

OpenBOM and ManuFuture want to give mechanical custom parts manufacturing a digital makeover. OpenBOM, a digital product data management platform, announced Wednesday (Dec. 14) it...

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Visa to Invest $1B in Africa’s Digital Transformation
Visa to Invest $1B in Africa’s Digital Transformation
December 14, 2022  |  Investments

Visa has pledged to invest $1 billion in Africa to accelerate digital transformation. The announcement was made during the U.S.-Africa Business Forum in Washington Wednesday...

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Information Sharing Helps Banks Fight Consumer Identity Fraud
Information Sharing Helps Banks Fight Consumer Identity Fraud
December 14, 2022  |  Digital Identity

Increasing online fraud threatens businesses and consumers, and both are aware of the growing problem. Fraudsters use leaked credentials in 95% of credential-stuffing attacks on...

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AI-Powered Freezing Tech Drives Innovation and Sales in Confectionery Industry
AI-Powered Freezing Tech Drives Innovation and Sales in Confectionery Industry
December 13, 2022  |  artificial intelligence

Companies like Unilever are driving innovation in the ice cream business. As part of the U.K. firm’s latest freezer innovation, artificial intelligence (AI) is helping...

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CFO Says Taking Cost out of Business Is True Value
CFO Says Taking Cost out of Business Is True Value
December 13, 2022  |  CFO

Amid rising interest rates and a gloomy economy, the notion of providing value has changed. Whether that value is for your own company, or something...

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Merchants Use AI and Shopper Intent to Boost Online Sales
Merchants Use AI and Shopper Intent to Boost Online Sales
December 13, 2022  |  eCommerce

Shoppers buying gifts for others are haunted later by these searches when shopping for themselves. That neatly explains why intent is the next frontier of...

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Coupa’s 77% Buyout Premium Reflects Demand for Spend Management Efficiencies
Coupa’s 77% Buyout Premium Reflects Demand for Spend Management Efficiencies
December 12, 2022  |  Spend Management

When Coupa confirmed it was being acquired for $8 billion, spend management industry took note. It wasn’t because it involved private equity firm Thoma Bravo,...

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FoodTech Firm NotCo Expands AI Offering After $70M Series D1
FoodTech Firm NotCo Expands AI Offering After $70M Series D1
December 12, 2022  |  Artificial Intelligence

Plant-based food company NotCo will expand its B2B offerings after raising $70 million. The capital will let other consumer packaged goods (CPG) brands, ingredient suppliers...

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