Artificial intelligence (AI) could give automakers something they have spent years trying to build: a way to keep making money from a vehicle long after it leaves the dealership. Ford and General Motors (GM) are both betting that an AI assistant tied to a vehicle’s...
Nvidia will pay $6 billion to license Poolside’s artificial intelligence model-development software, Model Factory, and will make offers to hire 109 Poolside employees who were involved in making the company’s AI open-source model, Laguna, The Information reported Thursday (Aug. 21), citing a paywalled post by...
Artificial intelligence has not been around long enough to reward seniority the way most fields do, and that gap is starting to show up in who gets hired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Grassroots resistance to artificial intelligence (AI) data centers is accomplishing what policymakers have largely failed to do: forcing technology companies, utilities and elected officials to confront who pays for AI’s enormous demands on electricity, water and public infrastructure. Get the Full Story Complete the form...
Walmart will soon begin rolling out tap to pay as a payment option at Walmart and Sam’s Club locations, the company said in a Friday (Aug. 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Retail media is giving Walmart, Target and Amazon a faster-growing source of revenue than their core retail businesses, built on the same traffic, searches and transaction data generated by stores, websites and marketplaces. Get the Full Story Complete the form to unlock this article and...
Dexmal, a Chinese firm developing embodied artificial intelligence to control robots, is seeking a valuation of 20 billion yuan ($3 billion) in a funding round, Bloomberg reported Friday (Aug. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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Off-price retailer Ross Stores saw “robust” sales growth in the quarter ended Aug. 1 as both existing customers and new ones sought prices lower than those of mainstream retailers, CEO Jim Conroy said during a Thursday (Aug. 20) earnings call. Get the Full Story Complete...