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Visa to Invest $100 Million in Generative AI for Commerce and Payments

Visa to Invest $100 Million in Generative AI for Commerce and Payments
Visa to Invest $100 Million in Generative AI for Commerce and Payments
October 02, 2023  |  Artificial Intelligence

Visa has launched a new $100 million generative artificial intelligence (AI) ventures initiative, aiming to invest in companies focused on developing generative AI technologies and applications...

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Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
October 02, 2023  |  Investments

Venture capital firm Sequoia Capital is focusing its investment strategy toward artificial intelligence (AI) applications following the success of its investment in OpenAI.  Get the Full...

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US Intelligence Agencies Are Putting the AI in CIA 
US Intelligence Agencies Are Putting the AI in CIA 
September 27, 2023  |  Artificial Intelligence

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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This Week in AI: Interactive Evolutions, Enterprise Wins, Biometric Payments
This Week in AI: Interactive Evolutions, Enterprise Wins, Biometric Payments
September 21, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) hasn’t even celebrated its first birthday yet.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Foundational Models: Building Blocks for Generative AI Applications
Foundational Models: Building Blocks for Generative AI Applications
September 15, 2023  |  Artificial Intelligence

By Stefan Geirhofer and Scott McKinney Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Chip Designer Arm IPO Gets Leg Up From AI Boom
Chip Designer Arm IPO Gets Leg Up From AI Boom
September 14, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) is experiencing a rocket-propelled growth, and there are a few firms helping determine that ship’s trajectory. Get the Full Story Complete...

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Essential AI Raising $40 Million to Build LLM Software
Essential AI Raising $40 Million to Build LLM Software
September 13, 2023  |  Artificial Intelligence

Artificial intelligence (AI) company Essential AI has reportedly raised $40 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: Meta Planning AI System to Match OpenAI
Report: Meta Planning AI System to Match OpenAI
September 11, 2023  |  Artificial Intelligence

Meta is reportedly working on a new artificial intelligence (AI) system to compete with OpenAI. Get the Full Story Complete the form to unlock this...

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