Walmart and Target are the top funders of a campaign that aims to roll back a California law that critics say has led to a surge in retail theft. This law, Proposition 47, enacted in 2014, aimed to reduce penalties for lower-level drug and property crimes but has...
The increasing attacks on educational institutions, especially in the U.S., has prompted a pressing need for robust security measures to safeguard school campuses. In response to this sobering reality, institutions are increasingly turning to advanced technologies and automation to enhance the resilience of their “connected...
Advances in technology have a track record of productively transforming society. Many technological innovations, from the sewing machine to the automobile and the elevator, have flourished under industry standard-setting and governmental oversight designed with ethical guidelines, transparency and responsible deployment in mind. Frequently, however, these...
TechBio firm Owkin selected Amazon Web Services as its primary cloud provider. The firm will use AWS’ storage options, data security measures and computing capabilities to develop generative artificial intelligence applications and accelerate drug discovery, clinical trials and AI diagnostics, the companies said in a...
OpenAIÂ reportedly surpassed $2 billion in annualized revenue in December. The ChatGPT creator believes it can more than double this figure in 2025, thanks to strong interest from business customers who want to use its generative artificial intelligence (AI) tools in the workplace, the Financial Times...
Disney is beta testing a new advertising tool for its streaming services that matches commercials with appropriate scenes in movies or shows. Dubbed “magic words,” this tool uses artificial intelligence and machine learning to analyze and tag scenes within Disney’s library of movies and television...
Artificial intelligence compute products are in short supply and facing hot demand. Generative AI, which has moved at a rapid clip from corporate research laboratories and academic nonprofits to the forefront of the commercial landscape, has subsequently seen demand for AI application acceleration rise. “The...
The FinTech IPO Index gains 0.6%, with only a bit of earnings in the mix — and with a spate of partnership announcements dominating the headlines. Katapult Leads the Way Katapult said in a preliminary announcement that its preliminary results showed that for the fourth...
Time is money, and consumers are constantly seeking ways to make their lives more efficient. One area where this is particularly evident is in the way people shop for personal and household supplies. In “The Replenish Economy: A Household Supply Deep Dive,” PYMNTS Intelligence draws...