Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling an aggressive push in the escalating tech arms race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information retrieval with natural language generation, and Walmart is updating its distribution centers by introducing autonomous electric forklifts, marking a significant...
Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. 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...
As experts hint at the nearing technical limits of large language models (LLMs), the spotlight turns to retrieval-augmented generation (RAG) — a promising advancement that could redefine artificial intelligence (AI) by merging information retrieval with natural language generation. Get the Full Story Complete the form...
The golden rule for payments is to put yourself in the end users’ place. 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...
The head of the U.K.’s financial regulator announced plans to explore how big tech companies’ access to extensive data might lead to improved financial products and more options for consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation in the sector. Get the Full Story Complete the form to unlock this article and...
Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. 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...
