While spending on artificial intelligence infrastructure is expected to drive a 14.2% increase in global IT spending this year, not all enterprises are raising their spending that much, the Wall Street Journal reported Friday (Aug. 28), citing a forecast by Gartner. Get the Full Story...
Cash has not disappeared the way many predicted. 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 this form, you...
Andreessen Horowitz has raised $1.1 billion for a new fund that aims to accelerate the buildout of artificial intelligence infrastructure by investing in founders who are “reinventing AI hardware,” the venture capital firm said in a Friday (Aug. 28) blog post. Get the Full Story...
The place people start looking for a credit card, an insurance quote or a loan is changing, and it’s no longer a bank’s own website. Experian, Synchrony and Klarna are all betting that discovery is shifting into artificial intelligence (AI) conversations they don’t control. Rather...
Microsoft is finding an early business case for artificial intelligence agents in a decidedly unglamorous corner of the enterprise: freight routes, spare parts and demand forecasts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
SoftBank Group is seeking a $10 billion loan to help refinance debt used for its investment in OpenAI, Bloomberg reported Friday (Aug. 28), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The National Security Agency (NSA) wants access to “all” artificial intelligence models, NSA Deputy Director Tim Kosiba said Thursday (Aug. 27), according to a NextGov/FCW report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
At first glance, Harvard Business School senior lecturer Jeff Bussgang looks ordinary on a video call, smiling, ready to hear a founder’s pitch. He isn’t there. The student is talking to an artificial intelligence avatar built from Bussgang’s likeness, one of seven Harvard faculty who...
Anthropic is opening a research preview of a shared specification for artificial intelligence agents to operate physical devices, specifically lab and manufacturing instruments, the company said in a Thursday (Aug. 27) announcement. Get the Full Story Complete the form to unlock this article and enjoy...
