artificial intelligence

artificial intelligence
CFPB Wants to Set the Rules for How Banks Use AI
August 13, 2024

The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to existing consumer protection laws for new technologies. Get the Full Story Complete the form to unlock this article and enjoy...

artificial intelligence
Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
August 12, 2024

The potential for artificial intelligence (AI) humanoid robots in factories and stores is sparking debate among experts on the future of work and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

artificial intelligence
AI Explained: Chain-of-Thought AI Shows Its Decision-Making
August 12, 2024

Chain-of-thought AI, a new approach aimed at making artificial intelligence systems more transparent and interpretable, has gained attention as a potential solution to the longstanding “black box” problem in machine learning.​​​​​​​​​​​​​​​​ Get the Full Story Complete the form to unlock this article and enjoy unlimited...

artificial intelligence
DC Connected Car Raises $2.29 Million for AI-Powered Remote Auto Diagnostics
August 11, 2024

DC Connected Car has raised €2.1 million ($2.29 million) for its artificial intelligence (AI)-driven remote vehicle diagnostics offering. 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
X Stops Using Some EU User Posts for AI Training
August 08, 2024

Ireland’s Data Protection Commission (DPC) said Thursday (Aug. 8) that X has agreed to suspend the use of personal data from some users’ public posts on the social media platform to train the artificial intelligence (AI) model, Grok.  Get the Full Story Complete the form...

artificial intelligence
Taco Bell Goes All-in on AI Drive-Thrus as McDonald’s Steps Back
August 07, 2024

By year’s end, hundreds of Taco Bell drive-thrus could be taking orders without a human on the other end of the speaker. Yum Brands’ ambitious deployment of artificial intelligence (AI) at its flagship Mexican-style fast food chain signals a potential sea change in how America...

artificial intelligence
AI Firms Seek Big Tech Rescues as Enthusiasm Wanes
August 06, 2024

Character.AI and Google. Adept AI and Amazon. Microsoft and Inflection. 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 completing this form, you agree to receive marketing communications from...

artificial intelligence
OpenAI Co-Founder John Schulman Joins Anthropic
August 06, 2024

One of OpenAI’s co-founders is departing the company to join artificial intelligence (AI) competitor Anthropic. 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
Rich Data Co to Accelerate Expansion of AI Decisioning Platform
August 05, 2024

Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders in North America. Get the Full Story Complete the form to unlock...