The biggest obstacle to agentic payments isn’t teaching artificial intelligence how to buy something. It’s giving software permission to spend money without giving it permission to make expensive mistakes. Corporate procurement may already have the answer. Federal Reserve Governor Christopher Waller said in a Tuesday...
Artificial intelligence agents are showing up everywhere. Meta released its Muse personal AI agent on Sept. 8, and it reached the top of Apple’s free app chart 10 days later. Now it’s OpenAI’s turn. OpenAI launched Dots on Tuesday (Sept. 29). Dots are AI agents...
Voice AI company ElevenLabs is now reportedly one of the world’s most valuable artificial intelligence companies. That’s according to a report Wednesday (Sept. 30) from the Financial Times (FT), which said the startup reached this milestone when a share sale doubled its price tag to $22 billion. Investors and...
BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the German carmaker’s plans to reduce costs and speed development, The Wall Street Journal (WSJ) reported Wednesday (Sept. 30) from a BMW investor...
Tungsten Automation has introduced the accounts payable automation engine for its invoice-to-pay platform. The workflow automation company’s new InvoiceAgility+ is designed to use agentic artificial intelligence (AI) to provide end-to-end invoice-to-pay automation, combining things like global compliance and supplier connectivity into one solution, per a Wednesday...
Calls to regulate artificial intelligence have grown louder this year, including from inside the industry. The White House answered Tuesday (Sept. 29) with a pact that leaves the policing to the companies building the most powerful models. President Donald Trump and executives from Anthropic, OpenAI,...
OpenAI and Anthropic are reportedly facing a regulatory investigation over their tech’s safety. The investigation by the Federal Trade Commission (FTC) focuses on the potential dangers artificial intelligence (AI) poses to consumers, a senior commission official told Reuters Wednesday (Sept. 30). According to the report, this marks the first official U.S. regulatory...
Delaware’s first-in-the-nation proposal to create companies managed by artificial intelligence agents is confronting a new complication. Mounting evidence that AI agents do not always remain within the boundaries humans set for them is adding to skeptics’ doubts about the plan. The draft legislation, expected to...
Visa says it is giving $2 million to support organizations that support small businesses. That commitment from the Visa Foundation is aimed at entrepreneurial support organizations (ESOs) serving small businesses in the U.S., the company announced Wednesday (Sept. 30), opening the program to grant applications. Those grants are geared...