artificial intelligence

artificial intelligence
AI Regulations: EU Withdraws AI Liability Proposal; US Seeks Comments on AI Action Plan
February 20, 2025

The EU is withdrawing proposed regulations for handling victim’s claims of harm caused by AI — but it faces internal opposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

artificial intelligence
In the GenAI Era, Why Are Customer Service Chatbots Dumb?
February 20, 2025

When ChatGPT first burst onto the scene, it sparked a wave of enthusiasm about how generative artificial intelligence (GenAI) could revolutionize online customer service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

artificial intelligence
DeepSeek Considers Raising Outside Funding Amid Demand for AI Chatbot
February 19, 2025

Chinese artificial intelligence (AI) startup DeepSeek is reportedly considering raising outside funding for the first time, weeks after its AI chatbot app made headlines around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

artificial intelligence
Humane, Whose AI Pin Flopped, to Sell Assets to HP
February 19, 2025

Humane, creator of the Ai Pin that received a wave of negative user reviews, is shutting down and selling its assets to HP for $116 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Musk’s Grok 3 Takes Aim at Perplexity, OpenAI
February 19, 2025

The artificial intelligence (AI) race continues to heat up with Elon Musk’s AI startup, xAI, unveiling the latest version of its AI model, Grok 3. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

artificial intelligence
The Existential Question Behind the Musk-OpenAI Drama
February 18, 2025

It’s not just another celebrity drama. Or tech bros behaving badly. Not just a case of simmering resentments or personalities clashing. No, the dust-up between Elon Musk and OpenAI chairman Sam Altman is much more than that. It is, after all, based on an existential...

artificial intelligence
Former OpenAI CTO Mira Murati Announces Launch of Thinking Machines Lab
February 18, 2025

Former OpenAI Chief Technology Officer Mira Murati said Tuesday (Feb. 18) that she and a team of scientists, engineers and builders started a company called Thinking Machines Lab. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

artificial intelligence
Luminance Raises $75 Million for ‘Panel of Judges’ Legal AI Offering
February 18, 2025

Artificial intelligence (AI) firm Luminance has raised $75 million to scale its legal-industry-focused technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

artificial intelligence
AI Startups: PayPal Ventures, Citi Invest in Corporate Treasury AI Startup
February 18, 2025

PayPal Ventures and Citi Ventures are investing in Finmo, a startup that uses AI and other technologies to develop what it describes as a next-generation treasury operating system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...