Artificial Intelligence

Artificial Intelligence
OpenAI’s Business Products Gain 1 Million Paying Users in First Year
September 05, 2024

A year after launching the first of its three business products, OpenAI has more than 1 million paying business users. The total includes users of ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu, the company said in a statement emailed to PYMNTS Thursday (Sept. 5). These...

Artificial Intelligence
AI Startups SSI, You.com Secure Funding; HP Reports Strong AI Sales
September 05, 2024

The artificial intelligence sector remains a focal point for investors and tech companies, as evidenced by three announcements this week. A startup focused on AI safety founded by a former OpenAI executive secured $1 billion in funding, while an AI productivity platform raised $50 million....

Artificial Intelligence
Anthropic Introduces Enterprise-Focused Plan for AI Assistant Claude
September 04, 2024

Anthropic introduced a Claude Enterprise plan that helps organizations collaborate with its artificial intelligence assistant, Claude, using internal knowledge. The new plan includes an expanded 500K context window, more usage capacity, a native GitHub integration and enterprise-grade security features, according to a Wednesday (Sept. 4)...

Artificial Intelligence
Nvidia-Backed Sakana AI to Build ‘World-Class AI Lab’ in Japan
September 04, 2024

Tokyo-based artificial intelligence firm Sakana AI raised over $100 million in a Series A funding round and formed a collaboration with Nvidia. The funding round was led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia, Sakana AI said in a...

Artificial Intelligence
Google Debuts AI-Powered Game Engine; Fetch.ai Aims for Gaming Integration
September 04, 2024

Artificial intelligence is making inroads across the gaming industry, with developments spanning classic game recreation, iGaming assistance and Web3 integration. These AI applications are altering game development processes, enhancing player experiences and opening new avenues for technological synergy in gaming. Google Creates AI-Powered Doom Game...

Artificial Intelligence
AI Glasses From Snap and Meta May Reshape How We Shop
September 03, 2024

Snap and Meta may be poised to introduce advanced artificial intelligence-enabled glasses, potentially transforming eCommerce and brick-and-mortar retail experiences. The Information reported that Meta Platforms is on the brink of unveiling next-generation AI-powered glasses, adding credence to the industry rumors. This move and Snap’s anticipated...

Artificial Intelligence
Elon Musk’s xAI Launches Colossus Training Cluster
September 03, 2024

Elon Musk’s artificial intelligence startup xAI launched its Colossus 100k H100 training cluster over the weekend. “Colossus is the most powerful AI training system in the world,” Musk said in a post on social platform X. “Moreover, it will double in size to 200k (50k...

Artificial Intelligence
53% of Consumers Say They’re Wary of GenAI
September 03, 2024

As generative artificial intelligence begins to make its way into more parts of consumers’ daily lives, many are skeptical of the technology. By the Numbers The PYMNTS Intelligence study “Generation Zillennial: Voice Assistants and GenAI” drew from a survey of more than 2,700 United States...

Artificial Intelligence
Ex-Google CEO Schmidt Joins Magic’s $320 Million Raise to Develop AI Coding
August 30, 2024

Magic raised $320 million from a group of investors that includes former Google CEO Eric Schmidt to build an artificial intelligence coworker for AI research and code generation, the company said in a Thursday (Aug. 29) blog post. The investment brings the total amount the...