artificial intelligence

artificial intelligence
AI Lets People Chat With ‘Clones’ of Departed Loved Ones
July 21, 2024

An artificial intelligence (AI) that lets you communicate with a digital version of a deceased loved one. 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...

artificial intelligence
Meta’s AI Retreat May Signal EU Regulatory Minefield
July 19, 2024

Facebook parent Meta’s decision to withhold its latest multimodal artificial intelligence (AI) model from the European Union highlights the growing chasm between Silicon Valley innovation and European regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

artificial intelligence
This Week in AI: From Mini GPTs to Construction Cash Flow
July 19, 2024

As OpenAI unveils its compact GPT-4o mini and pursues human-level reasoning with “Project Strawberry,” AI’s reach expands across industries, sparking innovation and concern. From potentially homogenizing creativity to transforming finance and construction, AI’s rapid advance has regulators and businesses scrambling to harness its power while...

artificial intelligence
Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
July 19, 2024

Despite big budgets and bold plans, a new survey conducted by PYMNTS Intelligence reveals most large companies are struggling to implement AI in meaningful ways, lagging behind in the race to leverage artificial intelligence for transformative business impact. Get the Full Story Complete the form...

artificial intelligence
AI Sparks a Creative Revolution in Business, With an Unexpected Twist
July 19, 2024

In the race to harness artificial intelligence (AI), businesses are discovering an unexpected wrinkle: AI that sparks individual brilliance may be flattening the creative landscape. As companies from tech startups to Madison Avenue ad agencies embrace these digital muses, they’re grappling with a paradox that...

artificial intelligence
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

artificial intelligence
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. 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
AI Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
July 18, 2024

The artificial intelligence boom is reshaping the tech landscape, with industry leaders like TSMC, Microsoft, and Anthropic racing to meet soaring demand and capitalize on new opportunities. As TSMC doubles down on chip production for AI, Microsoft courts private equity with AI tools, and Anthropic...

artificial intelligence
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House panel has concluded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...