Artificial Intelligence

Artificial Intelligence
New Episode: GenAI Helps Small Business Play Big on a Global Stage
June 28, 2024

What’s the most precious resource for a small business? Arguably, there are three: capital, customers and time. Artificial intelligence is emerging as a technology that can act as a triple threat, addressing all three of these resources and making a small business look bigger in...

Artificial Intelligence
OpenAI Unveils Content Deal With Time Magazine
June 27, 2024

OpenAI and Time announced a multi-year content partnership. The tie-up will give OpenAI access to Time’s current and past content from its 101-year-old archive, allowing the tech firm to cite the publication as a source of information in response to user queries on ChatGPT, according...

Artificial Intelligence
AI for KYB Onboarding Helps B2B Partnerships Scale Securely
June 24, 2024

The key ingredient to success is often collaboration among businesses. With news that Verituity raised $18.8 million to support the growth of its verified payout platform, knowing and validating who they are doing business with is top of mind for B2B firms. B2B onboarding and...

Artificial Intelligence
AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
June 13, 2024

The artificial intelligence boom is reshaping the technology landscape as industry giants Broadcom, Oracle and Samsung make moves to capitalize on the demand for AI chips and cloud computing resources. From soaring stock prices to ambitious sales targets and chip technologies, these companies are positioning...

Artificial Intelligence
AI Innovations Transform B2B Risk Management, Compliance Into Growth Engines
June 13, 2024

As the business landscape grows more digitally connected, real-time compliance is growing more important. Citi announced Wednesday (June 12) that Emirates NBD became the first bank to use its 24/7 USD Clearing service to make cross-border payments in U.S. dollars available to their corporate and...

Artificial Intelligence
AI Founders Race to Sell Out to Larger Players
June 13, 2024

An increasing number of artificial intelligence founders want to sell their firms. That’s according to Clément Delangue, co-founder and CEO of AI startup Hugging Face, which agreed to acquire a smaller company called Argilla for $10 million, Bloomberg reported Thursday (June 13). Hugging Face already...

Artificial Intelligence
OpenAI Bolsters Lobbying Arm Amid Regulatory Pressure
June 13, 2024

OpenAI is reportedly expanding its lobbying department as the artificial intelligence industry faces more regulatory oversight. The multibillion-dollar AI startup aims to have 50 members on its global affairs team by year’s end, up from three at the start of 2023 and 35 currently, the...

Artificial Intelligence
Trustly Unveils AI-Powered Recurring Payments Solution in Europe
June 13, 2024

Trustly unveiled an artificial intelligence-powered recurring payments solution that is designed to streamline subscription payments. By automating these payments, the new Trustly Recurring Payments aims to minimize churn and reduce fraud and payment failures, the company said in a Thursday (June 13) press release emailed...

Artificial Intelligence
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6 billion. The funding injection positions Mistral AI as a serious contender to Silicon Valley’s AI powerhouses, signaling a shift in...