March 12, 2024
Dartmouth Business School Says Digitizing Campus Life Extends Beyond Academics
Higher education has shifted from its traditional roots, with universities and colleges adapting and embracing digital tools and technologies to enhance the campus experience and meet the changing needs of...
March 11, 2024
Virtual Cards Streamline Healthcare Claims as Insurers’ Digital Transformation Gains...
Insurance claims have long been associated with paperwork, delays and frustrations. Whether it’s for auto accidents or healthcare needs, the process has often been cumbersome and time-consuming. But the insurance...
March 11, 2024
Virtual Replicas of Real-World Assets Help Companies Design for Efficiency...
Artificial intelligence (AI) and digital twins are teaming up to help companies make smarter decisions by mirroring real-world assets and analyzing data. Digital twins are virtual replicas of physical objects...
March 11, 2024
AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and...
March 11, 2024
Training Robots Using Video Games Could Democratize Warehouse Automation
Human-like robots occupy a particular niche in the American, as well as the global, psyche. After all, from comic books to Hollywood scripts, robots — both friend and foe —...
March 11, 2024
Harvey Goes On AI Lawyer Hiring Blitz
Harvey, a leading generative artificial intelligence startup, has initiated an aggressive expansion campaign in the first quarter of 2024, signaling its intent to dominate the legal technology sector. The company,...
March 11, 2024
Elon Musk’s xAI to Open-Source Grok Amidst Legal Battle with...
Elon Musk’s artificial intelligence startup, xAI, announced on Monday its decision to open-source its ChatGPT challenger, “Grok.” This move comes hot on the heels of Musk’s recent lawsuit against OpenAI,...
March 11, 2024
Musk: Grok Will Become Open-Source AI Model
Elon Musk said his artificial intelligence (AI) company xAI will introduce an open-source model. “This week, xAI will open source Grok,” Musk wrote on X (formerly Twitter) Monday (March 11), referring to...
March 11, 2024
Thomson Reuters Has $8 Billion in ‘Financial Firepower’ for AI...
Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space. In an interview with the Financial Times Monday (March 11), CEO Steve Hasker said the company has “tremendous financial...
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.
Forty-six percent of FIs say the fraud risks of providing open banking outweigh the benefits, but the share of skeptics rises to 57% among FIs that experienced increased fraud. PYMNTS Intelligence’s latest study of 200 FI execs, “How Fraud Fears Impact FIs’ Adoption of Faster Payment Solutions,” a collaboration with Hawk AI, details why FIs are cooling toward open banking but staying the course on real-time payments.