OpenAI’s days as a nonprofit company could be numbered. CEO Sam Altman has told some shareholders the artificial intelligence (AI) firm is weighing a change to its governance, making it a for-profit company that its nonprofit board has no control over, The Information reported Friday...
Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta AI. The Financial Times (FT) reported Friday (June 14) that the European Commision (EC) will bring charges against Apple after determining that...
This week in artificial intelligence news, AI is changing shopping experiences and generating video content across various sectors. This week’s developments showcase the technology’s potential, with Apple, Luma AI and Intuit unveiling AI-powered solutions. However, as the AI landscape evolves rapidly, regulators are faced with the...
Tech giant Microsoft has decided to delay the rollout of “Recall,” its artificial intelligence (AI)-powered feature designed to track and store users’ computer activity. The company announced on Thursday (June 13) that instead of rolling out Recall to all its new computers next week, it...
June 13, 2024
Digital banks have long eschewed physical branches in favor of direct, digital customer engagement. Digital banking’s convenience has been a competitive advantage for challenger or neo banks, increasingly allowing their customers to do their banking tasks on a smart phone or at the kitchen table. This approach not only aligns with contemporary digital lifestyles but […]
June 13, 2024
The modern chief financial officer looks a little more modern every day. Having emerged almost fully from the back office, finance functions and their CFO leaders are increasingly turned to...
June 12, 2024
PYMNTS Intelligence’s recently-released “New Report: SMBs Race to Critical Mass on AI Usage found there is a sharp divide in how small and medium-sized businesses (SMBs) tackle growth strategies. SMBs...
June 11, 2024
When the person at the counter asks, “Do you have any questions for the pharmacist?” it’s hard for the consumer to respond. After all, there are probably several anxious people...
June 16, 2024
Apple’s artificial intelligence (AI) rollout will reportedly be a long, slow one. As Bloomberg News reported Sunday (June 16), Apple Intelligence, which the tech giant announced last week, won’t become available for developers to test out until late in the summer. That means it won’t be part of the first beta releases of Apple’s new […]
June 16, 2024
OpenAI’s days as a nonprofit company could be numbered. CEO Sam Altman has told some shareholders the artificial intelligence (AI) firm is weighing a change to its governance, making it...
June 14, 2024
Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta AI. The Financial Times (FT) reported...
June 14, 2024
Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. The company offers a Guest Management Platform and...
