PYMNTS-MonitorEdge-May-2024

large language models

Demystifying AI: The Probability Theory Behind LLMs Like OpenAI’s ChatGPT 
Demystifying AI: The Probability Theory Behind LLMs Like OpenAI’s ChatGPT 
January 22, 2024  |  Artificial Intelligence

When a paradigm shift occurs, it is not always obvious to those affected by it.  But there is no “eye of the storm” equivalent when...

READ MORE >
Scammers’ AI Mistakes on Display in Amazon Product Descriptions
Scammers’ AI Mistakes on Display in Amazon Product Descriptions
January 14, 2024  |  artificial intelligence

For sale on Amazon: dozens of products labeled “I cannot fulfill this request.” Actually, the exact wording is, “I’m sorry but I cannot fulfill this...

READ MORE >
Firework Unveils AI-Powered Virtual Shopping Assistant
Firework Unveils AI-Powered Virtual Shopping Assistant
January 10, 2024  |  Artificial Intelligence

Firework, a video commerce and engagement platform, has unveiled an artificial intelligence (AI)-powered virtual shopping assistant for eCommerce merchants. Dubbed AVA (AI Virtual Assistant), the...

READ MORE >
Microsoft’s Azure OpenAI Service Boosts Walmart’s AI-Powered Tools
Microsoft’s Azure OpenAI Service Boosts Walmart’s AI-Powered Tools
January 09, 2024  |  artificial intelligence

Microsoft’s Azure OpenAI Service contributes to many of the new generative artificial intelligence (AI)-powered tools that Walmart has rolled out for its shoppers and associates. As the retailer builds...

READ MORE >
Tech Experts Share What to Ask When Adding AI to Business
Tech Experts Share What to Ask When Adding AI to Business
January 03, 2024  |  Artificial Intelligence

Generative artificial intelligence (AI) offers a great opportunity for firms to build better businesses. All they need to do is successfully integrate the technology across...

READ MORE >
Companies Build In-House AI Models for Specific Tasks
Companies Build In-House AI Models for Specific Tasks
December 26, 2023  |  artificial intelligence

Despite OpenAI’s popularity, businesses are reportedly turning to smaller artificial intelligence (AI) models that fit their needs. A report Tuesday (Dec. 26) by Quartz examines this...

READ MORE >
11 Authors Join Lawsuit Against OpenAI and Microsoft
11 Authors Join Lawsuit Against OpenAI and Microsoft
December 20, 2023  |  artificial intelligence

A group of 11 nonfiction authors, including Pulitzer Prize winners Taylor Branch, Stacy Schiff and Kai Bird, have joined a lawsuit against OpenAI and Microsoft....

READ MORE >
AI Models Only 79% Accurate When Asked About SEC Filings
AI Models Only 79% Accurate When Asked About SEC Filings
December 19, 2023  |  artificial intelligence

Startup Patronus AI has uncovered limitations in artificial intelligence (AI) models when analyzing Securities and Exchange Commission (SEC) filings. The findings of the study shed light on the...

READ MORE >
News Execs Wary of Google’s AI Integration Impact on Web Traffic
News Execs Wary of Google’s AI Integration Impact on Web Traffic
December 14, 2023  |  artificial intelligence

News publishers are reportedly alarmed by what Google’s AI means for their business. As the Wall Street Journal (WSJ) reported Thursday (Dec. 14), Google’s move to integrate...

READ MORE >