artificial intelligence

artificial intelligence
Travel Industry Shifts Gears With New AI Tools 
July 23, 2024

Travel companies are introducing a range of artificial intelligence (AI)-powered tools, signaling a change in how business trips are booked and managed. Altour, United Airlines, AMGiNE and Serko have all unveiled new AI technologies aimed at enhancing travel experiences, from personalized booking interfaces to real-time...

artificial intelligence
Mistral and Nvidia Bring AI to Local Machines
July 22, 2024

Mistral AI and Nvidia have introduced Mistral NeMo, an artificial intelligence (AI) model designed to bring advanced AI capabilities to standard desktop computers, widening access for large and small businesses. Mistral NeMo’s key feature is its ability to process up to 128,000 words simultaneously, handling...

artificial intelligence
Amazon Calls for Development of Global Rules for Responsible AI
July 22, 2024

A year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments to manage the risks posed by artificial intelligence (AI), Amazon said there is a need for global alignment on responsible AI measures. “It’s now very clear we can have rules...

artificial intelligence
AI Explained: Reinforcement Learning and How It Shapes Commerce
July 22, 2024

At a bustling Amazon warehouse, robots weave through aisles, selecting items for shipment with increasing speed and accuracy. These aren’t pre-programmed machines but artificial intelligence (AI)-driven systems constantly learning and adapting through reinforcement learning. This technology is quietly changing commerce, promising to reshape how businesses...

artificial intelligence
AI Lets People Chat With ‘Clones’ of Departed Loved Ones
July 21, 2024

An artificial intelligence (AI) that lets you communicate with a digital version of a deceased loved one. It sounds like the stuff of science fiction. (In fact, it’s the basis for an episode of “Black Mirror.”) But as NPR reported Sunday (July 21), there’s a...

artificial intelligence
Meta’s AI Retreat May Signal EU Regulatory Minefield
July 19, 2024

Facebook parent Meta’s decision to withhold its latest multimodal artificial intelligence (AI) model from the European Union highlights the growing chasm between Silicon Valley innovation and European regulation. Citing an “unpredictable” regulatory environment, per a report from The Verge, Meta joins Apple in pulling back...

artificial intelligence
This Week in AI: From Mini GPTs to Construction Cash Flow
July 19, 2024

As OpenAI unveils its compact GPT-4o mini and pursues human-level reasoning with “Project Strawberry,” AI’s reach expands across industries, sparking innovation and concern. From potentially homogenizing creativity to transforming finance and construction, AI’s rapid advance has regulators and businesses scrambling to harness its power while...

artificial intelligence
Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
July 19, 2024

Despite big budgets and bold plans, a new survey conducted by PYMNTS Intelligence reveals most large companies are struggling to implement AI in meaningful ways, lagging behind in the race to leverage artificial intelligence for transformative business impact. The findings detailed in “The Impact Of...

artificial intelligence
AI Sparks a Creative Revolution in Business, With an Unexpected Twist
July 19, 2024

In the race to harness artificial intelligence (AI), businesses are discovering an unexpected wrinkle: AI that sparks individual brilliance may be flattening the creative landscape. As companies from tech startups to Madison Avenue ad agencies embrace these digital muses, they’re grappling with a paradox that...