Nvidia CEO Jensen Huang on Monday (Dec. 6) unveiled next-generation chips, new large language models, a mini artificial intelligence (AI) supercomputer, and a partnership with Toyota as the world’s second-most valuable company continues to aggressively expand its business. “It’s been an extraordinary journey, extraordinary year,”...
The share of chief operating officers (COOs) who report that their companies have implemented artificial intelligence (AI)-powered automated cybersecurity management systems has increased threefold since earlier this year. The increase brought the share of such COOs to 55% in August, up from about 17% in...
Cybersecurity took center stage in 2024 as some of the most sophisticated and damaging attacks in history underscored the vulnerabilities of an increasingly digital operating landscape. From ransomware attacks crippling critical infrastructure to data breaches compromising millions of user records, the year’s events highlighted the...
MIT researchers have created a way to turn baffling AI decisions into plain English, using an innovative system that acts like a translator between machines and humans. EXPLINGO pairs artificial intelligence (AI) language models with a built-in fact-checker to turn complex machine-learning explanations into clear...
January 02, 2025
The share of chief operating officers (COOs) who report that their companies have implemented artificial intelligence (AI)-powered automated cybersecurity management systems has increased threefold since earlier this year. The increase brought the share of such COOs to 55% in August, up from about 17% in May, according to the December edition of the PYMNTS Intelligence […]
December 03, 2024
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need...
November 19, 2024
Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through...
November 14, 2024
The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability to adapt. Which raises the...
November 21, 2024
Artificial intelligence (AI) development platform Lightning AI has obtained a $50 million equity investment. The company, maker of the PyTorch Lightning open AI framework, announced the investment — from Cisco Investments, J.P. Morgan, K5 Global and Nvidia — in a news release Thursday (Nov. 21), saying it brings its total funding to $103 million. “Historically, enterprises […]
November 06, 2024
The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the...
October 23, 2024
Conversational artificial intelligence (AI) — the use of machine learning to facilitate natural language conversations between humans and machines — continues to make inroads in the financial services sector. In a...
October 17, 2024
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by banks, insurers and other financial...
