Ai news and trends

Report: Databricks Completes Largest Financing Round Yet, Raising $5 Billion

January 13, 2025
What Is Artificial General Intelligence and Why It Matters to Business
artificial intelligence // January 13, 2025

Artificial general intelligence (AGI) represents what many consider the Holy Grail of AI: machines that can understand, learn and apply knowledge across different situations and tasks, at or exceeding the human level. Today’s AI systems consist of what’s called “narrow AI,” which excels in specific...

Can Arm’s Mobile Lead Translate to AI? Chip Designer Bets on Efficiency
artificial intelligence // January 13, 2025

British chip designer Arm Holdings is eyeing robust opportunities in AI as it strives to maintain its near-total monopoly in mobile devices. According to Arm Chief Commercial Officer Will Abbey, the company is going full steam ahead into powering artificial intelligence devices — and sees...

Nvidia Forges Partnerships to Tackle $10 Trillion Health Sector
Healthcare // January 13, 2025

Nvidia has launched a series of partnerships designed to boost the healthcare sector via AI. The collaborations include work with a number of major figures in the $10 trillion healthcare field, the chipmaker announced Monday (Jan. 13) at the J.P. Morgan Healthcare Conference in San Francisco. “The convergence...

Amazon and General Catalyst Launch AI-Focused Health Partnership
Healthcare // January 13, 2025

Amazon Web Services (AWS) has formed an artificial intelligence (AI)-centric health partnership with General Catalyst. AWS says the collaboration, announced Monday (Jan. 13), combines its tech expertise with General Catalyst’s history of healthcare investments. “AWS and General Catalyst believe that AI has immense potential to [effect] meaningful change in...

Interviews & Exclusives
57% of Consumers Received Financial Advice in 2023

January 13, 2025
Rising inflation and stagnant incomes are forcing many Americans to reconsider their financial stability, prompting a surge in demand for personal finance advice. Economic headwinds are leaving people worried about their financial future, leading more individuals to seek planning support. The PYMNTS Intelligence report, “Navigating Financial Uncertainty: Whose Advice Do Americans Trust?,” in collaboration with […]

Digital Ecosystems and AI Take the Wheel at CES

January 08, 2025
Partnerships between automakers and tech giants are reshaping vehicles into interconnected, software-driven products, with AI poised to redefine customer interactions and revolutionize the driving experience. The automotive industry is undergoing...

Meta Chief AI Scientist Slams Quest for Human-Level Intelligence

January 08, 2025
Meta’s Chief AI Scientist Yann LeCun on Wednesday (Jan. 8) criticized prevailing definitions of artificial general intelligence (AGI), arguing that continued scaling of text-based large language models alone will not...

Travelers Increasingly Trust Their Travel to AI Assistants

January 07, 2025
Generative AI is making its mark in various industries, particularly in the travel and hospitality sectors, where it is increasing customer engagement, improving operational efficiencies and providing personalized experiences. According...

Quick Reads
Report: Databricks Completes Largest Financing Round Yet, Raising $5 Billion

January 13, 2025
Databricks has reportedly raised $5 billion in financing, its largest debt raise ever, according to a Monday (Jan. 13) Bloomberg report. The funds were raised from lenders such as Blackstone, Apollo Global Management and Blue Owl Capital, Bloomberg reported, citing people with knowledge of the matter who asked not to be named. The software firm will use […]

Nvidia Forges Partnerships to Tackle $10 Trillion Health Sector

January 13, 2025
Nvidia has launched a series of partnerships designed to boost the healthcare sector via AI. The collaborations include work with a number of major figures in the $10 trillion healthcare field,...

Amazon and General Catalyst Launch AI-Focused Health Partnership

January 13, 2025
Amazon Web Services (AWS) has formed an artificial intelligence (AI)-centric health partnership with General Catalyst. AWS says the collaboration, announced Monday (Jan. 13), combines its tech expertise with General Catalyst’s history of healthcare investments....

iPhone’s AI Limits in China Fuel 5% Sales Dip

January 13, 2025
Apple’s iPhone sales reportedly dropped 5% late last year amid stronger competition from Chinese rivals. Much of this decline can be attributed to the lack of Apple’s artificial intelligence (AI)...