PYMNTS-MonitorEdge-May-2024

ChatGPT

OpenAI Launches Fine-Tuning Feature for GPT-4o
OpenAI Launches Fine-Tuning Feature for GPT-4o
August 20, 2024  |  Artificial Intelligence

OpenAI launched fine-tuning for GPT-4o, saying this capability allows developers to increase performance and accuracy for their applications. The feature launched Tuesday (April 20) and...

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Multimodal AI Impacts Retail From Voice Assistants to Checkout-Free Shopping
Multimodal AI Impacts Retail From Voice Assistants to Checkout-Free Shopping
August 14, 2024  |  artificial intelligence

Amazon and OpenAI are betting big on multimodal artificial intelligence (AI), a technology that could redefine how consumers shop and interact with businesses. Multimodal AI,...

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Companies Assess Compliance as EU’s AI Act Takes Effect
Companies Assess Compliance as EU’s AI Act Takes Effect
August 01, 2024  |  Artificial Intelligence

The European Union’s AI Act came into force Thursday (Aug. 1), establishing the world’s first comprehensive regulatory framework for artificial intelligence and setting new compliance...

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OpenAI Debuts Advanced Voice AI for Subscribers
OpenAI Debuts Advanced Voice AI for Subscribers
July 30, 2024  |  artificial intelligence

Artificial intelligence (AI) company OpenAI has begun rolling out an advanced voice feature for its ChatGPT platform. The feature, which utilizes the company’s GPT-4o model,...

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GenAI Giants Unleash New Models With More Business Capabilities
GenAI Giants Unleash New Models With More Business Capabilities
July 29, 2024  |  artificial intelligence

In a move that’s sending ripples through the tech and business worlds, Meta Platforms has unveiled its most advanced AI models yet, challenging industry leaders...

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OpenAI Goes After Search With New GPT Features
OpenAI Goes After Search With New GPT Features
July 25, 2024  |  artificial intelligence

OpenAI is testing a prototype of new artificial intelligence (AI) search features that may later be integrated into its chatbot, ChatGPT. Dubbed SearchGPT, the prototype is being...

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

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...

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OpenAI Debuts Cheaper AI Model GPT-4o Mini
OpenAI Debuts Cheaper AI Model GPT-4o Mini
July 18, 2024  |  artificial intelligence

OpenAI has introduced a smaller, more affordable iteration of its artificial intelligence (AI) model ChatGPT. GPT-4o mini, announced Thursday (July 18), is available now for...

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AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024  |  Artificial Intelligence

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return...

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