Generative AI is revolutionizing the automotive industry, pushing the boundaries of vehicle design, manufacturing and customer experience. The technology, which harnesses advanced algorithms to create novel solutions and streamline processes, is reshaping how carmakers approach R&D and interact with consumers. A PYMNTS Intelligence report, “How...
Artificial intelligence (AI) software company C3.AI reported better-than-expected quarterly results and highlighted surging demand for enterprise AI applications as businesses and government agencies rush to adopt the transformative technology. The Redwood City, California, company said revenue grew 21% year over year to $87.2 million in...
TurboTax maker Intuit has released “major” updates to its generative artificial intelligence (AI) operating system, GenOS. The system now includes GenOS AI Workbench, a “dedicated development environment for end-to-end application development,” along with enhancements to GenStudio, GenRuntime, and GenUX components, the company said Wednesday (Sept....
OpenAI reportedly plans to bring together global investors to spend tens of billions of dollars on artificial intelligence (AI) infrastructure in the United States. The planned projects include data centers, turbines and generators, and semiconductor manufacturing, Bloomberg reported Wednesday (Sept. 4), citing unnamed sources. The scope...
Technology giants are racing to develop sophisticated, multilingual artificial intelligence (AI) chatbots for cross-border eCommerce and could reshape how businesses engage with international customers. Google’s recent expansion of its Gemini AI in India exemplifies the industry’s focus on multilingual capabilities. It’s one of many companies...
In an era where data is often called the new oil, artificial intelligence (AI) is the tool extracting valuable insights from vast digital reserves. AI-powered data mining, a technology at the intersection of machine learning and big data analytics, is reshaping industries and driving decision-making...
Lloyds Bank has launched a collaboration with artificial intelligence (AI) platform Cleareye.ai. The partnership, announced Tuesday (Sept. 3) and said to be the first of its kind in the U.K., will use AI to streamline processing and compliance checking for trade finance documentation. The effort...
Would you trust AI to act as your wingman/wingwoman out in the dating world? Online dating apps like Tinder, Grindr and Bumble certainly hope so, according to a report Friday (Aug. 30) by the Financial Times (FT), which said these companies are building/testing artificial intelligence...
Artificial intelligence (AI) companies have reached the far borders of the “data frontier.” That’s according to a report Saturday (Aug. 31) by the Financial Times (FT), which noted that this issue is making things worse as AI firms face a wave of copyright lawsuits and...
