GenAI

Amazon Market Valuation Tops $2 Trillion for First Time
Amazon Market Valuation Tops $2 Trillion for First Time
June 26, 2024  |  Amazon

Amazon’s market valuation topped $2 trillion for the first time Wednesday (June 26), driven in part by investor interest in artificial intelligence (AI). The company...

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Trending: How Energy Efficient LLMs Could Boost GenAI Use in eCommerce
Trending: How Energy Efficient LLMs Could Boost GenAI Use in eCommerce
June 26, 2024  |  artificial intelligence

UC Santa Cruz researchers have devised a method to significantly reduce the energy costs of running large language models. It’s a development that could significantly...

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Shop Talk: Face Haus COO Says In-Store AI Boosts Service
Shop Talk: Face Haus COO Says In-Store AI Boosts Service
June 26, 2024  |  Retail

As artificial intelligence makes its way into more parts of retail, Face Haus, which is making a business on its personalized expertise, is using the...

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Stability AI Secures ‘Significant’ Investment, Names CEO, Executive Chairman
Stability AI Secures ‘Significant’ Investment, Names CEO, Executive Chairman
June 25, 2024  |  artificial intelligence

Stability AI said Tuesday (June 25) that it secured “significant” new funding from an investment group and appointed a new CEO and a new executive...

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OpenAI Reportedly Moving to Block Chinese Access to AI Tools
OpenAI Reportedly Moving to Block Chinese Access to AI Tools
June 25, 2024  |  artificial intelligence

OpenAI is reportedly taking added measures to restrict China’s access to artificial intelligence (AI) software. As Bloomberg News reported Tuesday (June 25), that means enforcing...

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Report: Apple Rejected Integration of Meta AI After Brief Talks
Report: Apple Rejected Integration of Meta AI After Brief Talks
June 24, 2024  |  artificial intelligence

Meta’s offer to integrate its artificial intelligence (AI) chatbot into Apple’s iPhone was reportedly a nonstarter. Apple rejected Meta’s overtures after the two held brief...

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Meta Expands AI Startup Program in Europe
Meta Expands AI Startup Program in Europe
June 24, 2024  |  artificial intelligence

Meta is broadening its AI Startup Program across Europe, highlighting both the potential for innovation and the growing influence of American tech companies in the...

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Shopify Pilots AI Assistant for Merchants
Shopify Pilots AI Assistant for Merchants
June 24, 2024  |  eCommerce

Shopify is offering merchants early access to a commerce-focused artificial intelligence assistant. The AI assistant, dubbed Sidekick, is one of more than 150 updates Shopify...

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AI for KYB Onboarding Helps B2B Partnerships Scale Securely
AI for KYB Onboarding Helps B2B Partnerships Scale Securely
June 24, 2024  |  Artificial Intelligence

The key ingredient to success is often collaboration among businesses. With news that Verituity raised $18.8 million to support the growth of its verified payout...

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