Innovation/page news and trends

Venture Capitalist David Sacks Debuts Work-Oriented AI Chat Platform Glue
Artificial Intelligence // May 14, 2024

Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue. “Glue takes the best of both worlds from AI chat platforms like ChatGPT and human chat platforms like Slack,” Sacks and Co-founder Evan Owen wrote in a company blog post Tuesday (May 14), the same day the platform debuted. “The result...

OpenAI’s GPT-4o Aims for Real-Time Voice Assistant Interactions
Artificial Intelligence // May 14, 2024

OpenAI’s new GPT-4o artificial intelligence model could enhance real-time voice interactions, improving the experience for the growing number of consumers using voice assistants. PYMNTS Intelligence found that the use of voice assistants has been steadily increasing, with millions worldwide relying on the technology for various tasks, from setting reminders...

Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
Artificial Intelligence // May 14, 2024

Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. The global payments network and shopping assistant also said that its internal AI assistant, Kiki, is answering 2,000 employee questions per day and has responded to more than...

APAC Middle-Market Leaders Embrace External Financing for Growth
Loans // May 14, 2024

We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work,...

Interviews & Exclusives
APAC Middle-Market Leaders Embrace External Financing for Growth

May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work, they are finding that today’s working capital solutions are providing […]

Open-Loop Payments Help Advance Smart City Innovation

May 14, 2024
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an...

Tanger Outlets Court the Digital, Aspirational Shopper

May 14, 2024
May 2020. The COVID-19 lockdown was starting to ease, but it was in its second month. Consumers were flocking toward the dramatic digital shift that would eventually be the hallmark...

Experts Say OpenAI and Amazon Are Keepin’ It Real for AI

May 08, 2024
In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not....

Quick Reads
Venture Capitalist David Sacks Debuts Work-Oriented AI Chat Platform Glue

May 14, 2024
Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue. “Glue takes the best of both worlds from AI chat platforms like ChatGPT and human chat platforms like Slack,” Sacks and Co-founder Evan Owen wrote in a company blog post Tuesday (May 14), the same day the platform debuted. “The result is a new tool built for the way people want to collaborate […]

Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily

May 14, 2024
Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. The global payments network and shopping assistant also said that its internal AI...

McDonald’s Wants to Promote Value by Implementing $5 Meal Deal

May 10, 2024
McDonald’s is reportedly encouraging franchisees to vote to implement a $5 meal deal to bring back consumers who have left because of high prices. Franchisees — which can weigh in on major...

Accenture and Oracle Partner on Generative AI for Finance Teams

May 06, 2024
Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in the finance organization. The new solutions offered through this collaboration aim to help chief financial officers reinvent financial...