artificial intelligence

artificial intelligence
White House Issues Guidance for Federal Agencies’ Procurement of AI
October 04, 2024

The Office of Management and Budget (OMB) has released guidance to help federal agencies manage risk and performance when procuring commercially provided artificial intelligence (AI) products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

artificial intelligence
Meta to Add New AI-Powered Video Generation Capabilities to Apps
October 04, 2024

Meta has unveiled generative artificial intelligence (AI) research that shows how simple text inputs can be used to create custom videos and sounds and edit existing videos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

artificial intelligence
OpenAI’s Roller-Coaster Week of Funding Windfalls, Product Pushes and Executive Departures
October 04, 2024

In a whirlwind week that has left the tech world buzzing, artificial intelligence (AI) powerhouse OpenAI secured a staggering $6.6 billion in funding, unveiled new products, and weathered the unexpected departure of multiple top executives.  Get the Full Story Complete the form to unlock this...

artificial intelligence
OpenAI Liquidity Reaches $10 Billion With New Credit Facility
October 03, 2024

The world’s biggest companies can’t seem to stop giving OpenAI money. 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 Today. By completing...

artificial intelligence
Tech Giants Bet Billions on AI Agents That May Reshape Commerce as We Know It
October 03, 2024

Artificial intelligence (AI) agents are emerging as a potentially transformative force in global commerce, with major tech players betting billions on their ability to revolutionize business processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

artificial intelligence
Is Emotion Detection the Next Frontier for AI?
October 03, 2024

Artificial intelligence is getting better at decoding human emotions, and businesses are using the software to improve customer interactions and drive sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

artificial intelligence
Microsoft to Invest $4.8 Billion in Italy for AI Infrastructure
October 02, 2024

Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

artificial intelligence
OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
October 02, 2024

OpenAI has reportedly raised $6.6 billion in new funding, nearly doubling its valuation. 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 Today....

artificial intelligence
Fed Questions AI Productivity Boost as EU Starts Work on Regulating It
October 02, 2024

Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing...