Microsoft has begun using its own MAI artificial intelligence models rather than those of OpenAI and Anthropicto complete prompts in its spreadsheet and email applications, Excel and Outlook, Bloomberg reported Tuesday (July 7), citing unnamed sources. Get the Full Story Complete the form to unlock...
China is reportedly considering a ban on overseas access to its most advanced artificial intelligence (AI) models. 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...
Consumers have not bought robots the way they buy phones or appliances. The price is too high, the use cases too narrow and the technology too early to justify a household capital expenditure that could run tens of thousands of dollars. Retail prices start around...
Efforts to enact comprehensive federal artificial intelligence (AI) regulations keep getting preempted. In the most recent example, a bipartisan discussion draft of the Great American Artificial Intelligence Act is encountering opposition from both Democrats and Republicans, underscoring how disagreement over federal preemption of state AI...
Nscale, a full-stack artificial intelligence cloud platform, has closed a $900 million revolving credit facility to accelerate its AI data center build-out and capital deployment across the United States, Europe and the Asia-Pacific region. Get the Full Story Complete the form to unlock this article...
Norm Ai, an artificial intelligence startup focused on the legal industry, raised $120 million. 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...
China’s eCommerce company Alibaba has reportedly barred employees from using Anthropic’s AI tools at work. 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,...
For most of the history of financial services, credit functioned as a blunt instrument. A bank extended a line, a customer drew on it and borrowing remained separate from spending. The amount borrowed determined the terms, while what customers actually purchased was irrelevant. Get the...
A group of major artificial intelligence (AI) investors is pooling capital into a vehicle designed to buy up traditional services businesses and transform them using AI. Thrive Holdings, a one-year-old holding company started by OpenAI investor Thrive Capital, is raising around $2 billion from Altimeter...
