In the wake of Peloton’s restructuring efforts that come amid a decline in user engagement and a shrinking user base, the connected fitness industry finds itself at a critical juncture. While Peloton’s actions shed light on sectoral challenges and responses, a broader examination reveals deeper trends shaping the future of fitness and...
J.P. Morgan Chase reportedly unveiled an artificial intelligence-powered tool designed to facilitate thematic investing. The tool, called IndexGPT, delivers thematic investment baskets created with the assistance of OpenAI’s GPT-4 model, Bloomberg reported Friday (May 3). IndexGPT creates these thematic indexes by generating a list of keywords associated with a particular theme that are...
Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and perils of artificial intelligence (AI). The move signals that Big Tech companies are increasingly enforcing guardrails around AI systems amid...
This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech lag, companies are heavily investing in AI, potentially disrupting sectors like finance and manufacturing. Anthropic Launches Claude...
May 03, 2024
To be successful, you must have your heart in your business, and your business in your heart. As today’s chief financial officers know best, the role of a leader is to define a common goal and enable the business to get there. “I feel immense accountability for how every team across our business performs, and I think […]
May 02, 2024
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up...
May 02, 2024
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty...
May 02, 2024
While artificial intelligence has taken the world by storm, its rise hasn’t come cheap. “The consequence of multimodal AI is that the amount of data and compute power being used...
May 03, 2024
J.P. Morgan Chase reportedly unveiled an artificial intelligence-powered tool designed to facilitate thematic investing. The tool, called IndexGPT, delivers thematic investment baskets created with the assistance of OpenAI’s GPT-4 model, Bloomberg reported Friday (May 3). IndexGPT creates these thematic indexes by generating a list of keywords associated with a particular theme that are then analyzed using a natural language processing model that scans […]
May 03, 2024
Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology to enhance the shopping experience...
May 02, 2024
Online travel company Booking Holdings is seeing results from its deployment of new tech-driven initiatives. These initiatives include its “connected trip” vision, its artificial intelligence (AI) capabilities and its enhanced Genius loyalty program, Booking...
May 02, 2024
Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this artificial intelligence (AI) service may...