California Gov. Gavin Newsom killed the “kill switch” on artificial intelligence (AI) Sunday (Sept. 29), vetoing a bill that would have introduced safety testing requirements for AI companies developing models that cost more than $100 million or those using substantial computing power. Get the Full...
OpenAI reportedly earned $300 million in revenue in August, up 1,700% since the start of 2023. 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...
Apple has reportedly stepped back from talks to invest in a massive OpenAI 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 required. yesSubscribe to our daily newsletter,...
The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact on supply chains, consumer markets and innovation. Get the Full Story Complete the form to unlock this article and enjoy...
As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools could redefine not only operational strategies, but also the essence of customer interactions. Get the Full Story Complete the form...
Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
OpenAI and Meta have introduced new artificial intelligence (AI) voice features that could reshape how consumers interact with brands. 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...
OpenAI reportedly plans to restructure its core business into a for-profit benefit corporation that won’t be controlled by its nonprofit board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
OpenAI Chief Technology Officer Mira Murati said Wednesday (Sept. 25) that she is leaving the company after 6½ years. 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...