Mortgage underwriting runs on documents. Payslips, bank statements and tax returns are the evidence that lenders verify before approving a loan. Generative artificial intelligence can now produce all three in formats that pass standard checks. Get the Full Story Complete the form to unlock this...
Retailers have spent two decades optimizing for traffic. The metric that shaped every SEO budget, every paid search bid and every social media campaign was volume: how many visitors arrived at the site. Shopify reported in a May blog post that artificial intelligence-referred shoppers on...
The five companies spending the most on artificial intelligence (AI) data centers in the United States doubled their debt load over the past five years to finance their efforts, Bloomberg reported Friday (July 10). Get the Full Story Complete the form to unlock this article and...
JPMorgan Chase & Co. tested artificial intelligence (AI) agents that allocate capital between stocks in response to changing market conditions, and it found that all eight agents beat both the traditional 60/40 portfolio and the bank’s own rules-based market regime model, Bloomberg reported Friday (July 10)....
New York Gov. Kathy Hochul has launched a sweeping effort to reduce regulatory burdens across state government, pairing a broad review of existing rules with the use of artificial intelligence (AI) to identify opportunities for streamlining. The initiative, which the administration describes as the largest...
Retailers have always known what customers bought. They have rarely known what customers almost bought. 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 Trump administration’s recent restrictions on access to the most advanced U.S. artificial intelligence models are accelerating enterprise interest in open-source alternatives, including rapidly improving models developed in China. The trend underscores how government controls on frontier AI could reshape competition in the global AI...
Cursor, which has offered coding-focused tools since its founding in 2022, is developing a general-purpose AI agent that would compete with Anthropic’s Cowork and OpenAI’s ChatGPT Work, The Information reported Thursday (July 9), citing unnamed sources. Get the Full Story Complete the form to unlock...
Enterprise artificial intelligence promises nearly as many different business outcomes as there are businesses themselves. It comes as little surprise, then, that the AI race inside enterprise technology is already starting to split along sector lines. Get the Full Story Complete the form to unlock...
