Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

(source: en.wikipedia.org)

AI Takes Turn as Archaeology Assistant to Uncover Ancient Commerce, Trade Routes
AI Takes Turn as Archaeology Assistant to Uncover Ancient Commerce, Trade Routes
May 18, 2024  |  Artificial Intelligence

What if Indiana Jones had been able to use artificial intelligence? With AI, Indy could have quickly analyzed ancient texts, deciphered hieroglyphics and cross-referenced historical data,...

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OpenAI Dissolves ‘Superalignment Team,’ Distributes AI Safety Efforts Across Organization
OpenAI Dissolves ‘Superalignment Team,’ Distributes AI Safety Efforts Across Organization
May 17, 2024  |  Artificial Intelligence

OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety of future advanced artificial intelligence systems. The decision came in the wake of the...

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

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...

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Grab’s Path to Profitability Paved by Operating Leverage and AI
Grab’s Path to Profitability Paved by Operating Leverage and AI
May 16, 2024  |  Earnings

In a dynamic operating environment, the path to profitability requires focus and discipline. It also frequently requires cutting costs and finding new efficiencies by using technology. Singaporean...

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

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,”...

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

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...

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

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...

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APAC Middle-Market Leaders Embrace External Financing for Growth
APAC Middle-Market Leaders Embrace External Financing for Growth
May 14, 2024  |  Loans

We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms...

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Open-Loop Payments Help Advance Smart City Innovation
Open-Loop Payments Help Advance Smart City Innovation
May 14, 2024  |  Connected Economy

The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research...

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