Advanced Micro Devices (AMD) on Thursday (Oct. 10) unveiled a new artificial intelligence (AI) chip aimed at breaking Nvidia’s stronghold on the lucrative data center GPU market. The launch of AMD’s Instinct MI325X accelerator marks an escalation in the AI hardware arms race, with implications...
Artificial intelligence (AI) is transforming pharmaceutical research, compressing timelines and potentially slashing drug prices in an industry defined by decade-long development cycles and billion-dollar price tags. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices said during a meeting held Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and...
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down on collaboration to fortify their positions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Russia reportedly aims to create a new system for cross-border payments between BRICS countries. 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...
As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize honors AI pioneers in protein science. This week in AI has been one of advancements across industries as varied as...
As Walmart and Amazon compete to provide the best online shopping experiences, both are increasing their use of generative AI (GenAI) to improve search offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The past few weeks were marked by rallies in names domiciled outside the United States — particularly those based in Asia — which boosted the fortunes of the FinTech IPO Index a bit. Get the Full Story Complete the form to unlock this article and...
For CFOs, generative artificial intelligence (AI) has made the leap from mere curiosity to an offering that can be applied to change the very nature of decision-making surrounding enterprise payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...