Generative Ai news and trends

Meta Suspends AI Tools in Brazil Amid Privacy Policy Dispute
artificial intelligence // July 18, 2024

Meta has reportedly suspended its generative artificial intelligence (AI) tools in Brazil after one of the country’s regulators objected to part of the company’s privacy policy. Earlier in July, Brazil’s National Data Protection Authority (ANPD) suspended the validity of Meta’s new privacy policy, saying the...

OpenAI Debuts Cheaper AI Model GPT-4o Mini
artificial intelligence // July 18, 2024

OpenAI has introduced a smaller, more affordable iteration of its artificial intelligence (AI) model ChatGPT. GPT-4o mini, announced Thursday (July 18), is available now for free users and paying ChatGPT Plus and Team subscribers, with enterprise customers getting access next week. It replaces the previous...

European Commission Asking Competitors About Effects of Google-Samsung AI Deal
artificial intelligence // July 17, 2024

The European Commission is reportedly looking into whether Google’s generative artificial intelligence (AI) deal with Samsung keeps other companies’ chatbots off Samsung smartphones. The antitrust regulator is asking industry participants about the deal and could use what it learns to build a case against the...

Google’s AI Video Creator Aims to Streamline Production Time, Costs
artificial intelligence // July 17, 2024

Google’s new artificial intelligence (AI) video tool Vids, launched Monday (July 15) to select users, could dramatically reduce video production costs and time for businesses, potentially upending traditional content creation processes across industries. Vids, powered by Google’s Gemini AI, can produce videos up to 10...

Interviews & Exclusives
AI Unlocks Feedback Loop Between Payments Innovation and Customer Expectations

July 15, 2024
All the innovation in the world changes nothing if it fails to meet the needs of end-users. And against a backdrop where expectations around payments convenience, speed, security and, increasingly, personalization have never been more heightened, innovation within the payments space is vital to both integrate and unlock these benefits. “The payment space is rapidly […]

The Week in AI: Anthropic’s AI Safety Initiative, Regulation Battles, and Investor Alerts: The AI...

July 05, 2024
Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations aims to tackle safety and adoption challenges in AI. As global AI regulations tighten, from Nvidia’s potential antitrust charges in...

New Data: GenAI Emerges as Effective Weapon in Banks’ War to Reduce False Positives

June 28, 2024
Traditional rules-based systems for detecting payments fraud are increasingly inadequate due to the complex schemes devised by fraudsters. This leads to high false positives and limited adaptability. Predictive artificial intelligence...

Trending: How Energy Efficient LLMs Could Boost GenAI Use in eCommerce

June 26, 2024
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 impact the use of artificial...

Quick Reads
Meta Suspends AI Tools in Brazil Amid Privacy Policy Dispute

July 18, 2024
Meta has reportedly suspended its generative artificial intelligence (AI) tools in Brazil after one of the country’s regulators objected to part of the company’s privacy policy. Earlier in July, Brazil’s National Data Protection Authority (ANPD) suspended the validity of Meta’s new privacy policy, saying the company would have to exclude the section about the processing […]

OpenAI Debuts Cheaper AI Model GPT-4o Mini

July 18, 2024
OpenAI has introduced a smaller, more affordable iteration of its artificial intelligence (AI) model ChatGPT. GPT-4o mini, announced Thursday (July 18), is available now for free users and paying ChatGPT...

European Commission Asking Competitors About Effects of Google-Samsung AI Deal

July 17, 2024
The European Commission is reportedly looking into whether Google’s generative artificial intelligence (AI) deal with Samsung keeps other companies’ chatbots off Samsung smartphones. The antitrust regulator is asking industry participants...

Salesforce Debuts Autonomous AI Service Agent Einstein

July 17, 2024
Customer relationship management company Salesforce has debuted its first fully autonomous artificial intelligence (AI) agent. Einstein Service Agent, announced Wednesday (July 17), is designed to replace conventional chatbots by understanding...