The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the U.K. government Wednesday (Nov. 6) described the AI safety assurance platform as a “one-stop-shop” for...
With a fresh infusion of $400 million from Jeff Bezos and other investors, startup Physical Intelligence aims to give robots a human’s delicate touch, promising to reshape how businesses handle objects in warehouses and stores. The technology addresses a barrier that has long prevented widespread...
Perplexity, an artificial intelligence (AI)-powered search engine, is set to triple its valuation from a few months ago following its latest funding round. The company is due to raise $500 million in its fourth funding round this year, according to a Tuesday (Nov. 5) report...
In its Q3 earnings call on Tuesday (Nov. 5), Yum! Brands pointed to the more than 2 million orders through voice AI at its Taco Bell restaurants as an example of how its brands use tech to reach consumers. Yum! Brands is the parent company...
November 07, 2024
Consumer expectations around shopping are changing, with higher demand for personalized, artificial intelligence (AI)-driven experiences that offer convenience, customization and efficiency. A PYMNTS Intelligence report, “Getting to Know You: How AI Is Shaping the Future of Shopping,” explores how retailers are responding by integrating AI into every stage of the customer journey, from personalized recommendations […]
November 05, 2024
Google’s deployment of artificial intelligence (AI)-powered visual search tools signals Silicon Valley’s broader push to retrain consumers to find information through images rather than keywords and text. The shift toward...
November 05, 2024
Given the chance, most consumers will choose digital payments over paper checks. Yet the check endures, expensive to make and mail and manage, and they often sit uncashed at the...
November 05, 2024
As businesses adapt to a digital environment, many accounts payable (AP) departments are still using outdated practices. With rising business-to-business (B2B) payment volumes and cumbersome manual systems still in place,...
November 06, 2024
The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the U.K. government Wednesday (Nov. 6) described the AI safety assurance platform as a “one-stop-shop” for guidance and resources to equip businesses to conduct their own […]
November 05, 2024
Perplexity, an artificial intelligence (AI)-powered search engine, is set to triple its valuation from a few months ago following its latest funding round. The company is due to raise $500...
November 05, 2024
Big Tech firm Apple is warning investors that its newest lines of products may not live up to the success of its iPhones. This comes as it ventures into new...
November 04, 2024
Robotics startup Physical Intelligence has reportedly raised $400 million in early-stage funding. The funding round, which included participation from Amazon founder Jeff Bezos and OpenAI, values the company at $2 billion, Reuters reported Monday...