The Oxford Martin AI Governance Initiative has released new research that challenges the idea that artificial intelligence requires an entirely new regulatory architecture. Instead, the study argues that global institutions can build on the safety and risk standards that already govern complex industries such as...
Billtrust has added artificial intelligence (AI) powered collections agentic procedures to its automated collections software, Collections. 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...
Perplexity will pay Snap $400 million over one year to integrate its artificial intelligence-powered answer engine into Snapchat. 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...
Generative artificial intelligence (AI) may be rewriting product playbooks, but it hasn’t yet written humans out of them. The newest PYMNTS Intelligence report, “From Spark to Strategy: How Product Leaders Are Using Gen AI to Gain a Competitive Edge,” finds that while nearly every chief...
A digital turf war is erupting between Amazon and Perplexity AI, marking the first major legal test over whether an autonomous artificial intelligence agent has the right to act as a shopper on an eCommerce platform. Get the Full Story Complete the form to unlock...
OpenAI Chief Financial Officer Sarah Friar said Wednesday (Nov. 5) that the company is working on a multimodal device and that the firm wants a federal guarantee that would lower the cost of financing investments in artificial intelligence chips. Get the Full Story Complete the...
A bill that is set to be introduced in the Senate would require major companies and federal agencies to report artificial intelligence-related layoffs, hires, job displacements, retraining and other job effects to the Department of Labor (DOL). Get the Full Story Complete the form to...
The technology landscape for banks is shifting fast, and Bank of America CEO Brian Moynihan said the firm’s response is to build for both scale and intelligence. Speaking at the bank’s investor day on Nov. 5, he said decades of steady digital investment have created...
OpenAI said it now has more than 1 million business customers around the world. 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...
