Chinese tech giant Alibaba is reportedly slashing prices on its AI large language models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Companies are grappling with whether to implement powerful artificial intelligence (AI) models that promise enhanced reasoning capabilities but come with substantial computing and integration costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Facing rising competition in the AI chip space, Nvidia is reportedly turning to robotics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
OpenAI’s board of directors plans to transform the organization’s for-profit arm into a Delaware Public Benefit Corporation (PBC) in order to raise the capital it needs to continue developing artificial general intelligence (AGI). Get the Full Story Complete the form to unlock this article and enjoy...
Inside Amazon’s digital marketplace this holiday season, a new artificial intelligence (AI) assistant named Rufus has been steering shoppers through millions of product choices. The chatbot, launched earlier this year, represents the retail giant’s push to streamline the complex world of online shopping. Get the...
Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Companies embracing artificial intelligence (AI) are pulling ahead of competitors, with Bridgeline’s HawkSearch reporting new customers each week, IBM finding open-source AI users seeing higher returns, and MIT research showing advanced AI adopters outperforming industry peers. However, a Q4 loss at Bridgeline highlighted the sector’s...
Jet.AI has launched an agentic artificial intelligence (AI) model that helps customers select and book private jets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
In 2024, artificial intelligence (AI) evolved from theory to practice in the retail industry, changing the way businesses interact with customers, manage operations and develop products. From inventory management to virtual shopping experiences, AI has become essential for retailers looking to stay ahead. Here are...
