The guardrails put in place by the European Union’s AI Act are capable of meeting the risk posed by rogue artificial intelligence agents, EU tech chief Henna Virkkunen told Reuters in an interview published Friday (Oct. 9). “We see that the safety and security of very capable models...
Aston Martin’s Formula One team now listens to 40 race radio channels at once, with artificial intelligence transcribing and sorting each message within five seconds, CoreWeave said. The system lets a race engineer ask how rival drivers are finding a tire compound and get an...
Artificial intelligence has been valuable to Bending Spoons, a company that buys digital businesses and then increases their revenue per customer, CEO Luca Ferrari told Bloomberg in a report published Friday (Oct. 9). Bending Spoons’ portfolio includes AOL, Vimeo, WeTransfer and Evernote. When the firm...
A fund manager in Hong Kong emails BNY at 2 a.m. New York time about a transfer that hasn’t settled. A software agent can read it, pull the records and draft a reply. A human manager reviews the draft before it goes out, Microsoft reported...
OpenAI expects its annualized revenue to reach at least $70 billion by the end of the year, up from $50 billion at the end of September, Bloomberg reported Friday (Oct. 9), citing unnamed sources. The expected gains are being driven by growth in OpenAI’s enterprise...
Watch more: Need to Know With Splitit’s Nandan Sheth Artificial intelligence could turn pay later from an offer at checkout into advice about whether financing the purchase makes sense in the first place. Doing that requires more than finding the lowest monthly payment. An agent...
Businesses that combine several artificial intelligence tools to fight payments fraud are nearly twice as likely to stop at least 90% of attempted attacks before losing money, according to new PYMNTS Intelligence research. “Prevention First: Building a Smarter Defense Against Payments Fraud” is a PYMNTS...
Epic Systems found flaws in certain MyChart configurations that could let someone view patient records without the access appearing in an audit trail. The company found them by testing its software with Anthropic’s Claude Mythos, Stirling Martin, Epic’s chief security officer, told The New York...
The White House announced Thursday (Oct. 8) that 11 companies have committed a total of $2.4 billion in artificial intelligence, which the administration dubs “super intelligence,” to support federal agencies working on energy, health, space and other challenges. The contributions include AI for science tools...