Ai/page/4 news and trends

This Week in AI: News Corp Partners With OpenAI, Nvidia Earnings Soar
artificial intelligence // May 24, 2024

This week in artificial intelligence (AI) news, OpenAI struck a news-sharing deal with News Corp and faced accusations from actress Scarlett Johansson over an allegedly replicated voice. Nvidia reported a staggering 262% revenue surge driven by the AI boom. Meanwhile, Amazon is preparing to launch...

Payments Authentication Success Leans on Consistent User Experiences
Authentication // May 24, 2024

Today’s rapidly evolving payments and financial landscape brings with it both challenges and opportunities. And the challenges and opportunities center around effective authentication, as the need for advanced security measures to keep pace with the evolving payment methods and fraud tactics becomes an imperative. That’s what Gerhard...

Big Tech Companies Invest Billions in AI Infrastructure Abroad
artificial intelligence // May 23, 2024

Big Tech companies have reportedly been increasing their investments in artificial intelligence (AI) infrastructure, with a particular focus on expanding their presence in international markets. Microsoft and Amazon have already allocated over $40 billion combined for AI-related and data center projects worldwide this year, the Wall Street Journal (WSJ) reported Thursday...

Intuit Says AI Is Helping Drive Small Businesses Growth, Certainty
Earnings // May 23, 2024

Small businesses are the heart and soul of America’s Main Street.  But it can be hard to get a pulse check on how they are doing, given today’s dynamic operating environment as well as the sheer variety and volume of small businesses out there —...

Interviews & Exclusives
Payments Authentication Success Leans on Consistent User Experiences

May 24, 2024
Today’s rapidly evolving payments and financial landscape brings with it both challenges and opportunities. And the challenges and opportunities center around effective authentication, as the need for advanced security measures to keep pace with the evolving payment methods and fraud tactics becomes an imperative. That’s what Gerhard Oosthuizen, chief technology officer at Entersekt, told PYMNTS for the “What’s […]

52% of FIs Plan to Lean on ML and AI to Combat Fraud

May 22, 2024
In the seemingly never-ending war to protect their customers and institutions from fraud, an increasing number of financial institutions (FIs) are deploying machine learning (ML) and artificial intelligence (AI) tools...

Waiting for Alexa: When Will Amazon Strike Up the AI Conversation?

May 22, 2024
Someday — and it may be soon — conversations with Amazon’s automated voice assistant Alexa may cost money. Amazon has been clear about its intentions to charge a subscription for a tiered Alexa service...

Better Together: Embracing Data Consortiums to Prevent Payments Fraud

May 21, 2024
Teamwork makes the dream work. At least in some cases.  After all, it is hard to imagine leading businesses in today’s hyper-competitive landscape sharing information and sensitive data with one another. ...

Quick Reads
Big Tech Companies Invest Billions in AI Infrastructure Abroad

May 23, 2024
Big Tech companies have reportedly been increasing their investments in artificial intelligence (AI) infrastructure, with a particular focus on expanding their presence in international markets. Microsoft and Amazon have already allocated over $40 billion combined for AI-related and data center projects worldwide this year, the Wall Street Journal (WSJ) reported Thursday (May 23). Microsoft has outlined plans to invest over $16 […]

Big Tech Companies Highlight Benefits of AI at European Event

May 23, 2024
At the VivaTech conference in Paris on Wednesday (May 22), executives from Amazon and Google spoke about the potential of artificial intelligence (AI) and its positive impact on economies and...

Nvidia Results Exceed Expectations, Driven by ‘AI Factories’

May 22, 2024
The artificial intelligence (AI) gold rush is still going strong, judging by earnings reported Wednesday (May 22) by chipmaker Nvidia. The company reported that its revenue for the quarter ended April 28...

OpenAI Inks Content Deal With News Corp

May 22, 2024
OpenAI has signed a deal with News Corp, a media conglomerate, that will give the artificial intelligence (AI) company access to content from many news organizations. The partnership enables OpenAI to...