generative AI

AI Regulation: Google Backs Bills as EPIC Releases Evaluation Tool
AI Regulation: Google Backs Bills as EPIC Releases Evaluation Tool
June 26, 2024  |  artificial intelligence

Artificial intelligence (AI) regulation takes center stage as tech giants, researchers and watchdogs join the fray, pushing for smart governance of a technology with the...

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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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Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
June 26, 2024  |  B2B Payments

Zip has added a generative artificial intelligence (AI) procurement assistant to its spend orchestration platform. The company has also added two other AI-powered capabilities —...

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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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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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CMOs Discover GenAI as Market Research Tool
CMOs Discover GenAI as Market Research Tool
June 24, 2024  |  Data

According to PYMNTS Intelligence, about half of chief marketing officers (CMOs) already use generative artificial intelligence (GenAI) for routine tasks. Still, only a relatively small...

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