artificial intelligence

artificial intelligence
Is Emotion Detection the Next Frontier for AI?
October 03, 2024

Artificial intelligence is getting better at decoding human emotions, and businesses are using the software to improve customer interactions and drive sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

artificial intelligence
Microsoft to Invest $4.8 Billion in Italy for AI Infrastructure
October 02, 2024

Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

artificial intelligence
OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
October 02, 2024

OpenAI has reportedly raised $6.6 billion in new funding, nearly doubling its valuation. 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....

artificial intelligence
Fed Questions AI Productivity Boost as EU Starts Work on Regulating It
October 02, 2024

Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing...

artificial intelligence
OpenAI Opens New AI Voice Capability to Third-Party Developers
October 01, 2024

OpenAI is expanding access to its real-time voice assistant technology, allowing businesses and developers to integrate the artificial intelligence (AI)-powered tool into their own applications, Bloomberg reported.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

artificial intelligence
Numa Obtains $32 Million to Drive AI-Powered Auto Dealer Platform
October 01, 2024

Numa, an artificial intelligence (AI) platform for auto dealerships, announced it has secured $32 million in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

artificial intelligence
Trending: California’s AI Bill Veto Sparks Debate on Safety and Regulation
October 01, 2024

Gov. Gavin Newsom’s recent veto of California’s artificial intelligence (AI) safety bill has triggered a heated debate about the future of AI regulation, its impact on innovation, and the prospects for federal action. Get the Full Story Complete the form to unlock this article and...

artificial intelligence
Gaming Firms Use AI Development Tools as Nintendo Bucks the Trend
October 01, 2024

The gaming industry is rapidly embracing artificial intelligence (AI)-powered tools, with companies like Gaxos.ai, PlayStation and Series Entertainment leading the charge. Meanwhile, Nintendo stands apart, with legendary designer Shigeru Miyamoto confirming the company has yet to make plans to incorporate AI into its game creation...

artificial intelligence
Open-Source Models May Bring Businesses Greater Access to AI Tools
September 30, 2024

Open-source artificial intelligence (AI) models are rapidly closing the gap with proprietary systems, a shift that could dramatically reshape the business landscape by giving companies of all sizes access to powerful, affordable AI tools. Get the Full Story Complete the form to unlock this article...