artificial intelligence

artificial intelligence
Emotive AI Aims to Offer New Ways to Connect With Consumers
April 26, 2024

In a lab in London, a new generation of avatars is learning to smile, frown and wink — not just as programmed, but in response to human emotions conveyed through text.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

artificial intelligence
EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
April 26, 2024

In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French artificial intelligence (AI) firm Mistral AI on Friday (April 26). Get the Full Story Complete the form to unlock this article...

artificial intelligence
Meta’s $35 Billion Bet on AI Fuels the Tech Arms Race
April 26, 2024

Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling an aggressive push in the escalating tech arms race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

artificial intelligence
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
April 26, 2024

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information retrieval with natural language generation, and Walmart is updating its distribution centers by introducing autonomous electric forklifts, marking a significant...

artificial intelligence
Elon Musk’s xAI Close to Raising $6 Billion
April 26, 2024

Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. 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...

artificial intelligence
The Future of AI? RAG Combines Language and Search
April 25, 2024

As experts hint at the nearing technical limits of large language models (LLMs), the spotlight turns to retrieval-augmented generation (RAG) — a promising advancement that could redefine artificial intelligence (AI) by merging information retrieval with natural language generation. Get the Full Story Complete the form...

artificial intelligence
Digital Vehicle Wallets Shift Connected Car Payments Into Overdrive
April 25, 2024

The golden rule for payments is to put yourself in the end users’ place.  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...

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UK Set to Revise AI Oversight Amid Big Tech Data Boom
April 24, 2024

The head of the U.K.’s financial regulator announced plans to explore how big tech companies’ access to extensive data might lead to improved financial products and more options for consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
April 24, 2024

British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation in the sector. Get the Full Story Complete the form to unlock this article and...