Innovation/page/3 news and trends

OpenAI Dissolves ‘Superalignment Team,’ Distributes AI Safety Efforts Across Organization
Artificial Intelligence // May 17, 2024

OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety of future advanced artificial intelligence systems. The decision came in the wake of the departure of the team’s leaders, Bloomberg reported Friday (May 17). Rather than maintaining the team as a separate entity, OpenAI has chosen to...

This Week in AI: Airline Pricing, Search Boosts, Company Cash Windfalls and Google Video
Artificial Intelligence // May 17, 2024

This week in artificial intelligence, airlines are diving into AI this summer to enhance booking systems and boost profits, with Israeli startup Fetcherr leading the way in dynamic pricing. Meanwhile, Google’s AI-powered search summaries aim to transform online information access, sparking publishers’ concerns over traffic...

Grab’s Path to Profitability Paved by Operating Leverage and AI
Earnings // May 16, 2024

In a dynamic operating environment, the path to profitability requires focus and discipline. It also frequently requires cutting costs and finding new efficiencies by using technology. Singaporean super app Grab reported earnings results Wednesday (May 15), announcing a record adjusted core profit and raising its annual forecast. On a call...

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...

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
OpenAI Dissolves ‘Superalignment Team,’ Distributes AI Safety Efforts Across Organization

May 17, 2024
OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety of future advanced artificial intelligence systems. The decision came in the wake of the departure of the team’s leaders, Bloomberg reported Friday (May 17). Rather than maintaining the team as a separate entity, OpenAI has chosen to integrate its members into the company’s overall research efforts. The move is […]

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...

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...