AI startup Anthropic is reportedly on pace to generate $1 billion in revenue this year. That figure would represent 1,000% year-over-year growth, CNBC reported Tuesday (Sept. 24), citing an internal document from the Amazon-backed artificial intelligence (AI) company. The report also noted that between 60%...
Volkswagen of America partnered with Google Cloud to integrate a generative artificial intelligence (AI)-powered virtual assistant into its myVW mobile app for vehicle owners. The myVW Virtual Assistant is now available to owners of model year 2024 Atlas and Atlas Cross Sport vehicles and will...
Google’s artificial intelligence (AI) model Gemini is being put to work by companies in a variety of ways, delivering answers, recommendations and new capabilities to both customers and employees. More than 2 million developers are building with Google’s generative AI solutions, the company said in...
OpenAI’s reported bid to raise $6.5 billion at a $150 billion valuation could signal a new era in artificial intelligence (AI) commercialization, potentially reshaping entire industries and sparking a fierce battle for market dominance. The new valuation, which doesn’t include the money being raised, marks...
Have artificial intelligence (AI) copilots been unseated by AI agents? The world’s software giants seem to be making that case, the Financial Times (FT) reported Sunday (Sept. 22). According to that report Microsoft, Salesforce and Workday have all within the last week placed agents at...
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are turning to AI projects as a way to diversify their economies, CNBC reported Sunday (Sept. 22). In...
The next time you call your favorite restaurant, it may be AI that answers. That’s according to a report Sunday (Sept. 22) by Ars Technica on the popularity of artificial intelligence (AI)-powered hosts used by eateries. As the report noted, there are many companies specializing...
Perplexity is reportedly planning a new advertising model for its artificial intelligence (AI)-powered search engine. As such, the company — in a bid to take on Google in the digital ad market — is in talks with brands such as Nike and Marriott, the Financial...
Amazon’s launch of an AI-powered selling assistant could significantly impact eCommerce operations, analysts say. Project Amelia, as the tool is codenamed, offers sellers personalized business insights and support through generative artificial intelligence (AI) technology. Experts suggest this could streamline operations for online merchants, potentially leveling...
