Artificial Intelligence

Artificial Intelligence
This Week in AI: Airline Pricing, Search Boosts, Company Cash Windfalls and Google Video
May 17, 2024

This week in artificial intelligence, airlines are diving into AI this summer to enhance booking systems and boost profits, with Israeli startup Fetcherr leading the way in dynamic pricing. Meanwhile, Google’s AI-powered search summaries aim to transform online information access, sparking publishers’ concerns over traffic...

Artificial Intelligence
Venture Capitalist David Sacks Debuts Work-Oriented AI Chat Platform Glue
May 14, 2024

Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue. “Glue takes the best of both worlds from AI chat platforms like ChatGPT and human chat platforms like Slack,” Sacks and Co-founder Evan Owen wrote in a company blog post Tuesday (May 14), the same day the platform debuted. “The result...

Artificial Intelligence
OpenAI’s GPT-4o Aims for Real-Time Voice Assistant Interactions
May 14, 2024

OpenAI’s new GPT-4o artificial intelligence model could enhance real-time voice interactions, improving the experience for the growing number of consumers using voice assistants. PYMNTS Intelligence found that the use of voice assistants has been steadily increasing, with millions worldwide relying on the technology for various tasks, from setting reminders...

Artificial Intelligence
Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
May 14, 2024

Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. The global payments network and shopping assistant also said that its internal AI assistant, Kiki, is answering 2,000 employee questions per day and has responded to more than...

Artificial Intelligence
New York City Dreams of Being Silicon Valley
May 10, 2024

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. The metropolis, long known for its towering skyscrapers and fast-paced financial district, is setting its sights on becoming the next Silicon Valley, according to a report by Accenture and...

Artificial Intelligence
Sam’s Club Scans the Future With AI-Powered Checkout Technology
May 09, 2024

In the battle for the future of shopping, Sam’s Club is betting on artificial intelligence. Since January, the Walmart-owned retailer has rolled out AI-powered checkout technology at over 120 stores. Using a combination of AI, computer vision and digital tech, Sam’s Club’s system identifies what’s in a shopping cart, confirming customers...

Artificial Intelligence
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
May 08, 2024

In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not. From OpenAI’s launch of a new system to identify images created by its own DALL-E 3 text-to-image generator to Amazon’s deployment...

Artificial Intelligence
JPMorgan Chase Unveils AI-Powered Tool for Thematic Investing
May 03, 2024

J.P. Morgan Chase reportedly unveiled an artificial intelligence-powered tool designed to facilitate thematic investing. The tool, called IndexGPT, delivers thematic investment baskets created with the assistance of OpenAI’s GPT-4 model, Bloomberg reported Friday (May 3). IndexGPT creates these thematic indexes by generating a list of keywords associated with a particular theme that are...

Artificial Intelligence
This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
May 03, 2024

This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech lag, companies are heavily investing in AI, potentially disrupting sectors like finance and manufacturing. Anthropic Launches Claude...