The story went viral in March: a Sydney tech entrepreneur used ChatGPT and computational genomics to help design a personalized mRNA cancer vaccine for his dying dog, and several of her tumors shrank. Five months later, that one-off experiment has funding and a business model....
Anthropic is in talks to acquire Decart AI, a startup that makes chips work more efficiently to reduce the cost of training and operating artificial intelligence, for $6 billion, Bloomberg reported Thursday (Aug. 13), citing unnamed sources. The deal would be Anthropic’s largest known acquisition...
The White House is reportedly preparing to bring powerful open-weight AI models into its voluntary pre-release cybersecurity testing framework, a move that could narrow a gap that had started to matter for banks, payment firms and merchants choosing among artificial intelligence vendors. The reported change, detailed by WIRED,...
Merchants and partners using the Maverick Payments platform can now access Findustry AI’s Chargeback Agent to automate the dispute workflow, the companies said in a Thursday (Aug. 13) press release emailed to PYMNTS. This capability is enabled by a new integration of Chargeback Agent into...
Anthropic could bring the artificial intelligence boom to its biggest public-market test yet. Investors expect the Claude developer to pursue a valuation of at least $2 trillion in an October initial public offering, a level that would make it the largest stock-market debut in history....
Apple’s push to repair Siri could open an important new revenue channel for publishers and establish a different model for how artificial intelligence companies pay for news. Instead of buying broad access to a publisher’s archives, Apple is considering compensating media companies when Siri actually...
As consumers become more comfortable with generative artificial intelligence, they begin using it in places where trust carries greater weight. The PYMNTS Intelligence report “The End of Casual AI: How Consumers Are Turning Prompts Into Daily Power Tools” found that generative AI follows a familiar...
Enterprises are realizing that renting the same general-purpose artificial intelligence model as every competitor is a losing strategy. Prompting the same closed system erases any edge, and every query hands proprietary business data to an outside AI lab. Running that model can also cost five...
The State Department has launched a program designed to speed the trade of artificial intelligence (AI)-related materials with America’s allies. The Pax Silica AI Assistance Project, announced Wednesday (Aug. 12), is designed to help the U.S. and its partners ship the goods that power artificial...