PYMNTS-MonitorEdge-May-2024

large language models

Google Introduces New-Generation Smartphones Powered by AI
Google Introduces New-Generation Smartphones Powered by AI
October 04, 2023  |  Google

Google has introduced its Pixel 8 and Pixel 8 Pro smartphones, with new features powered by artificial intelligence (AI). These devices are engineered to offer a more helpful and...

READ MORE >
Are Large Multimodal Models Gen AI’s New LLMs?
Are Large Multimodal Models Gen AI’s New LLMs?
October 04, 2023  |  artificial intelligence

Six months ago, an open letter called to pause further generative artificial intelligence (AI) development. It was signed by tech luminaries including Elon Musk and...

READ MORE >
Visa to Invest $100 Million in Generative AI for Commerce and Payments
Visa to Invest $100 Million in Generative AI for Commerce and Payments
October 02, 2023  |  artificial intelligence

Visa has launched a new $100 million generative artificial intelligence (AI) ventures initiative, aiming to invest in companies focused on developing generative AI technologies and applications...

READ MORE >
Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
October 02, 2023  |  Investments

Venture capital firm Sequoia Capital is focusing its investment strategy toward artificial intelligence (AI) applications following the success of its investment in OpenAI.  Roelof Botha, partner...

READ MORE >
US Intelligence Agencies Are Putting the AI in CIA 
US Intelligence Agencies Are Putting the AI in CIA 
September 27, 2023  |  artificial intelligence

Artificial intelligence (AI) is taking the private sector by storm.  But its rapid integration across the commercial ecosystem doesn’t mean that governments around the world...

READ MORE >
This Week in AI: Interactive Evolutions, Enterprise Wins, Biometric Payments
This Week in AI: Interactive Evolutions, Enterprise Wins, Biometric Payments
September 21, 2023  |  artificial intelligence

Generative artificial intelligence (AI) hasn’t even celebrated its first birthday yet.  But the innovative technology continues to be the gift that keeps on giving. Another...

READ MORE >
Foundational Models: Building Blocks for Generative AI Applications
Foundational Models: Building Blocks for Generative AI Applications
September 15, 2023  |  artificial intelligence

By Stefan Geirhofer and Scott McKinney Generative artificial intelligence (GenAI) refers to a category of machine learning models that, in response to a user’s input...

READ MORE >
Chip Designer Arm IPO Gets Leg Up From AI Boom
Chip Designer Arm IPO Gets Leg Up From AI Boom
September 14, 2023  |  artificial intelligence

Generative artificial intelligence (AI) is experiencing a rocket-propelled growth, and there are a few firms helping determine that ship’s trajectory. Among them is British chip...

READ MORE >
Essential AI Raising $40 Million to Build LLM Software
Essential AI Raising $40 Million to Build LLM Software
September 13, 2023  |  artificial intelligence

Artificial intelligence (AI) company Essential AI has reportedly raised $40 million in new funding. The funding round for the startup — described in a Bloomberg News report...

READ MORE >