Japanese tech investment firm SoftBank Group is reportedly planning to invest $1 trillion to build artificial intelligence (AI)-equipped factories in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Financial services companies are still in the early innings of deploying generative and agentic artificial intelligence (AI) despite the rhetoric coming from AI vendors, industry executives and academics during a roundtable discussion held Thursday (March 27) by the Securities and Exchange Commission. Get the Full...
Signs are emerging that states are taking a more pro-innovation focus in their artificial intelligence (AI) regulations and away from the stricter EU-style legislation that doubles down on reining in risks, according to think tank R Street Institute. Get the Full Story Complete the form...
Swedish retail giant H&M is creating 30 digital twins of human models this year as it explores new ways to showcase its clothes, shoes and accessories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Consumers are used to product recommendations from eCommerce sites that are based on their history of purchases. Amazon is expanding this concept to suggest a shopper’s next buy based on their passions. Get the Full Story Complete the form to unlock this article and enjoy...
Alibaba Cloud has launched a multimodal artificial intelligence (AI) model that can process inputs in the form of text, images, audio and video, and can generate real-time responses in the form of text and natural speech. Get the Full Story Complete the form to unlock this...
A picture is worth a thousand words. In the world of central bankers, it can even move global financial markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Generative artificial intelligence (GenAI) and agentic models are revolutionizing financial services, transforming user experience, fraud detection, payments innovation and compliance processes, according to John Kain, head of financial services market development at Amazon Web Services (AWS). Get the Full Story Complete the form to unlock...
OpenAI has added new image generation capabilities that are native to GPT-4o, saying the model can now produce precise and photorealistic images. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...