GenAI

Multimodal AI Impacts Retail From Voice Assistants to Checkout-Free Shopping
Multimodal AI Impacts Retail From Voice Assistants to Checkout-Free Shopping
August 14, 2024  |  artificial intelligence

Amazon and OpenAI are betting big on multimodal artificial intelligence (AI), a technology that could redefine how consumers shop and interact with businesses. Multimodal AI,...

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Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
August 13, 2024  |  Security & Fraud

Every now and then, an executive in the payments business comes up with a catchphrase that captures a complex concept, and you know it’s going...

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Beekman 1802 Co-Founder: AI Enables More Compelling Retail Education
Beekman 1802 Co-Founder: AI Enables More Compelling Retail Education
August 12, 2024  |  Retail

As beauty brands look for ways to explain their products to consumers without losing the shopper’s interest, Beekman 1802 is seeing artificial intelligence and augmented...

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Snapchat Boosts Engagement With New Tools, AR Upgrades, Expanded Creative Content
Snapchat Boosts Engagement With New Tools, AR Upgrades, Expanded Creative Content
August 09, 2024  |  Technology

Snap, the parent company of Snapchat, is intensifying its commitment to its community with a suite of new features and improvements designed to create deeper...

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FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
August 09, 2024  |  Investments

FLYR raised $295 million to accelerate the development and delivery of its reservation systems and artificial intelligence-based decision automation solutions to travel industry companies around...

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Putting ‘Scam Dens’ Out of Business Means Using AI to Fight AI
Putting ‘Scam Dens’ Out of Business Means Using AI to Fight AI
August 09, 2024  |  Security & Fraud

Fraud has become, to put it mildly, big business. Featurespace Chief Operating Officer Tim Vanderham told PYMNTS’ Karen Webster in an interview that “when you...

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X Stops Using Some EU User Posts for AI Training
X Stops Using Some EU User Posts for AI Training
August 08, 2024  |  artificial intelligence

Ireland’s Data Protection Commission (DPC) said Thursday (Aug. 8) that X has agreed to suspend the use of personal data from some users’ public posts...

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SoundHound Expands Reach of Conversational AI Offering With Amelia Acquisition
SoundHound Expands Reach of Conversational AI Offering With Amelia Acquisition
August 08, 2024  |  Acquisitions

SoundHound AI acquired enterprise artificial intelligence company Amelia, saying the move will expand its conversational AI capabilities to new verticals and hundreds of enterprise brands....

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UK’s CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
UK’s CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
August 08, 2024  |  ANTITRUST

Amazon’s partnership with artificial intelligence company Anthropic is being investigated by the United Kingdom’s competition and markets regulator. The Competition and Markets Authority (CMA) launched...

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