Artificial intelligence (AI) entered the business world with a promise of speed and savings. It’s now showing up as a line item on the balance sheet and a backlog in IT. The World Economic Forum reports that CFOs are uncovering hidden costs beneath the promise...
In 1915, a Wall Street analyst named Benjamin Graham saw an opportunity. Guggenheim Exploration was trading as a single stock, but it held shares in multiple copper mining companies worth far more than the parent company’s price. Graham bought the undervalued parent, shorted the overvalued...
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For decades, finance teams have been branded as the “cost center” of the enterprise, a department primarily responsible for controlling budgets, approving expenses and delivering reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Artificial intelligence-related goods accounted for nearly half of the overall growth in world merchandise trade in the first half, the World Trade Organization said Tuesday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
ClickHouse announced an extension of its Series C financing and related transactions to fuel the growth of its offerings in real-time analytics, data warehousing, observability, and artificial intelligence and machine learning. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
For two years, the enterprise story on artificial intelligence centered on testing whether chatbots, copilots and generative models could deliver measurable value. Now, the focus has shifted to execution. The week’s announcements from IBM, Oracle and Nvidia show that AI is becoming a foundation of...
OpenAI has inked roughly $1 trillion in deals for computing power this year. 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...
As banks and financial institutions push to justify the billions invested in artificial intelligence (AI), one question defines the conversation: Where does AI create value? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
