Federal Trade Commission Chairman Andrew Ferguson is drawing a line for businesses using artificial intelligence agents: Giving software the power to act does not make the software responsible when something goes wrong. At a Reuters event Friday (Sept. 25), Ferguson pushed back on descriptions of AI agents as...
HSBC has unveiled Smart Checking, an artificial intelligence (AI)-powered tool focused on enhancing trade finance operations. The new offering is designed to “transform and standardize” how trade finance documentation is processed, traced and reviewed at the bank, HSBC announced Monday (Sept. 28). “Documentary trade at...
Watch more: What’s Next in Payments With Spreedly’s Adam Hiatt Artificial intelligence’s near-term payments value may come less from autonomous checkout than from making the payment stack itself more intelligent and machine-readable. “There’s a ton of payments optimization potential in these payments rails, particularly in...
Education has always been slow to change. The basic structure of the classroom, a teacher at the front, students in rows, a fixed curriculum delivered on a fixed schedule, has survived every wave of technology that promised to transform it. AI is different. Not because...
American businesses are reportedly turning to lower-cost “open” artificial intelligence models to gain control over rising tech expenses. As the Financial Times (FT) reported Sunday (Sept. 27), open-weight models, which users can run on their own hardware, can be less costly for companies than paying...
OpenAI has revealed another incident in which one of its artificial intelligence models has breached a third-party website. The AI startup wrote in a blog entry Friday (Sept. 25) that an AI agent “attempting to complete a search-based training task queried a public chatbot service...
Block has joined the x402 Foundation to help advance open, agentic commerce, Steve Reis, head of product, Block Financial Platform, said in a Thursday (Sept. 24) blog post. As a member of this open standard for agentic payments, Block will bring its experience across payments and consumer products to the Foundation’s working groups,...
University Hospital at Downstate is piloting an ambient artificial intelligence (AI) scribe with 50 physicians across family medicine, internal medicine, cardiology and the emergency department. The tool has drafted notes for more than 900 patient encounters since May, Altera Digital Health said on Tuesday (Sept....
OpenAI is preparing to release its latest cybersecurity-focused model, GPT-6 Cyber, as well as a new product that helps users deploy that model, Fortune reported Thursday (Sept. 24), citing unnamed sources. The new product will enable users to access the cybersecurity model via a gateway,...