April 02, 2024
How The Stargate Project Could Change AI
OpenAI and Microsoft’s reported $100 billion data center project could create advanced, human-like language models that understand context, emotions and nuance, potentially revolutionizing artificial intelligence (AI) and commerce, experts said. The project underscores the...
April 02, 2024
Yahoo to Add Personalization Features With Artifact Acquisition
Yahoo will add artificial intelligence (AI)-powered personalization features across its platform, including Yahoo News, following its acquisition of Artifact. This acquisition closed Friday (March 29), Yahoo said in a Tuesday (April 2) press release....
April 02, 2024
Datavolo Raises $21 Million to Build Multimodal Data Pipelines for...
Datavolo has raised $21 million to continue helping customers build scalable and secure multimodal data pipelines for artificial intelligence (AI). The company will use the new capital to harness Apache...
April 02, 2024
Warning Shots Fired Over AI Hype vs Reality
The rapid rise of artificial intelligence (AI) has sparked a heated debate among experts, with some warning that the hype surrounding the technology may be overshadowing genuine scientific advancements. DeepMind...
April 02, 2024
Todaq Micro Launches Micropayments Solution, AI Sales Agent
Todaq Micro has announced the public beta launch of two new offerings: a micropayments solution and an artificial intelligence (AI) sales agent. More than 100 companies have begun adding these tools to their...
April 02, 2024
Report: Crypto-Focused VC Firm Paradigm Working to Raise New Fund
Crypto-focused venture capital (VC) firm Paradigm is reportedly working to raise between $750 million and $850 million for a new fund. The company is currently in talks with investors, Bloomberg...
April 02, 2024
Social Commerce Platform Flip Raises $144 Million, Adds AI Advertising...
Social commerce platform Flip has raised $144 million in a Series C funding round. The firm will also relaunch its marketing platform for brands to incorporate AXON artificial intelligence (AI) technology from AppLovin,...
April 02, 2024
Cart.com Acquires Amify to Expand Amazon Marketplace Offerings
Unified commerce firm Cart.com has acquired Amify to expand its Amazon Marketplace services offering. Amify, which made a name for itself as the first “Amazon-as-a-service” company, provides merchants with Amazon optimization and advertising solutions. According to a...
April 02, 2024
Jon Stewart Claims Apple Discouraged Lina Khan Interview Amid Antitrust...
Comedy anchorman Jon Stewart revealed that Apple hinted he should not interview FTC Chair Lina Khan on his Apple TV+ program, as the company faces antitrust scrutiny. The incident came...
Generative AI’s use in the telecommunications industry is increasing, with 87% of telecom executives seeing its potential to enhance customer relations and experience, but 68% of telecoms also admit they are insufficiently addressing the risks associated with the technology. The latest edition of the “Generative AI Tracker®,” a collaboration with AI-ID, examines why three-quarters of telecoms see a need to do more to combat AI fraudsters, underscoring the tension between innovation and robust security.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand