artificial intelligence

artificial intelligence
US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud
October 17, 2024

The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. 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,...

artificial intelligence
Adobe AI Video Tools and Others Aim at Streamlining Corporate Media Content Creation
October 17, 2024

Artificial intelligence (AI) video tools, including Adobe’s latest release, are transforming corporate media by enabling rapid, low-cost custom content creation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

artificial intelligence
AI Boom Drives Record Revenues and Funding Across Tech Sector
October 17, 2024

Artificial intelligence is fueling explosive growth in the tech industry, with companies from chip manufacturers to security startups reporting soaring revenues and attracting significant investment. Taiwan Semiconductor Manufacturing Co. posted a 54% jump in quarterly profits on strong AI chip demand, while AI security firm...

artificial intelligence
Google’s Drug Discovery LLM Signals Shift Toward Industry-Specific Approach
October 16, 2024

Google DeepMind has developed an AI model to predict key properties of potential drugs, aiming to accelerate pharmaceutical research. 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...

artificial intelligence
Ambient AI Takes Healthcare Automation Into Real-Time
October 16, 2024

Hospitals are adopting a new kind of listener — one that never interrupts yet captures every crucial detail. 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...

artificial intelligence
Navigating AI Compliance: How Global Banks Balance Innovation and Regulation
October 16, 2024

This week in artificial intelligence regulation finds China, India and the global banking sector grappling with the need for comprehensive AI regulation as the influence of technology grows. Experts emphasize the importance of balancing innovation with consumer protection, while financial institutions leverage AI to streamline...

artificial intelligence
Google Amps Up Gemini’s AI Model for New Shopping Platform
October 15, 2024

Google has revamped its shopping platform, introducing an experience powered by artificial intelligence (AI) that will roll out across the U.S. in the coming weeks. This transformation leverages 45 billion product listings from Google’s Shopping Graph and Gemini models to enhance how users research and...

artificial intelligence
AI Collaboration Marks ‘Next Phase’ of eCommerce Development
October 15, 2024

Recent advancements in AI-assisted editing platforms could boost productivity for eCommerce teams, enabling faster creation of everything from multilingual product descriptions to marketing copy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

artificial intelligence
Aethir Launches $100 Million AI Fund as Sony Seeks AI Game Patent
October 15, 2024

Artificial intelligence (AI) is opening up fresh possibilities across the gaming and sports betting sectors. Recent developments showcase this trend, with Aethir launching a $100 million fund for AI and gaming projects, PlayVS teaming up with Omnic.AI for esports analysis, Sony patenting AI-assisted game asset...