Artificial Intelligence

Artificial Intelligence
Not Everyone Thinks AI Is Going To Destroy Us
March 14, 2024

If ever there were two schools of thought about technology, the discussions surrounding artificial intelligence (AI) would be a great example. There are stark differences between experts in assessing the existential risks posed by AI, underscoring the ongoing debate surrounding AI’s potential impact on humanity...

Artificial Intelligence
5 Trends These AI Experts Think Could Change Payments and Commerce
March 13, 2024

For businesses at the forefront of their industries, artificial intelligence (AI) has become unavoidable.  An unavoidable certainty, that is.  That’s why, for the past five months, PYMNTS has been sitting down with different AI experts, innovators and entrepreneurs each week to get their thoughts on the...

Artificial Intelligence
5 Things You Should Know About the New EU AI Regulation
March 13, 2024

European Union (EU) lawmakers on Wednesday (March 13) passed a groundbreaking law on artificial intelligence (AI), setting a precedent that surpasses the U.S. in AI regulation. The legislation aims to significantly alter the use of AI in various sectors across Europe, including healthcare and law enforcement, by...

Artificial Intelligence
AI and Robotics Power Auto Sector’s Smart Manufacturing Drive
March 12, 2024

Traditional manufacturing processes often suffer from inefficiencies, delays and limited visibility into operations. However, with the integration of artificial intelligence (AI) tools, Internet of Things (IoT) devices and cloud solutions, the manufacturing sector is undergoing a profound shift toward digital transformation. Take automobile manufacturing, for...

Artificial Intelligence
AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
March 11, 2024

Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and consumer travel.  The travel booking company launched two new features last week aimed at simplifying...

Artificial Intelligence
Musk: Grok Will Become Open-Source AI Model
March 11, 2024

Elon Musk said his artificial intelligence (AI) company xAI will introduce an open-source model. “This week, xAI will open source Grok,” Musk wrote on X (formerly Twitter) Monday (March 11), referring to the AI chatbot he introduced last year.  This week, @xAI will open source Grok —...

Artificial Intelligence
AI Frenzy Catapults Nvidia’s Value Toward Market Summit
March 08, 2024

Amid a surge that echoes the rapid advancements and growing fascination with artificial intelligence, Nvidia is reportedly on the verge of overtaking Apple as the world’s second-most valuable company. At the core of Nvidia’s rise is its dominant position in the high-end AI chip market, in which it commands an 80%...

Artificial Intelligence
This Week in AI: Ethics, Chips and Small Business Investments
March 08, 2024

This week in artificial intelligence (AI) news, more companies are pushing for an ethical use of the technology, while a new partnership aims to develop computer chips that will accelerate the widespread use of AI. Find out this week’s latest AI news here. Companies Drive...

Artificial Intelligence
Predictive AI Models Will Make Every Business Smart, Says Pecan CEO
March 07, 2024

Transforming raw data into meaningful insights has always empowered organizations to make informed decisions. And now, with artificial intelligence thrown into the mix, there have never been more opportunities — or capabilities — at hand to bridge the gap between available data and actionable insights....