PYMNTS-MonitorEdge-May-2024

large language models

Report: Character.AI Plans New Funding Round to Build Revenue Cushion
Report: Character.AI Plans New Funding Round to Build Revenue Cushion
July 16, 2023  |  artificial intelligence

Artificial intelligence (AI) startup Character.AI is pursuing another funding round. That’s according to a report Saturday (July 15) by The Information, which cited a source with direct...

READ MORE >
Meta Set to Join Google and Microsoft in Commercial AI Race
Meta Set to Join Google and Microsoft in Commercial AI Race
July 13, 2023  |  Meta

Meta is reportedly readying a commercial version of its artificial intelligence (AI) tool. As the Financial Times (FT) noted in a report Thursday (July 13),...

READ MORE >
Enterprise AI’s Biggest Benefits Take Firms Down a Two-Way Street
Enterprise AI’s Biggest Benefits Take Firms Down a Two-Way Street
July 11, 2023  |  artificial intelligence

Artificial intelligence (AI) is changing the world, or at least the way the information economy operates. And the way the information economy operates is increasingly...

READ MORE >
ChatGPT’s Numbers Dip After Peaking in June
ChatGPT’s Numbers Dip After Peaking in June
July 09, 2023  |  artificial intelligence

OpenAI’s ChatGPT has begun to lose users, though it’s not quite clear why. A Friday (July 7) report by the Washington Post, citing numbers from data...

READ MORE >
The Cost of Doing AI Business
The Cost of Doing AI Business
July 08, 2023  |  Artificial Intelligence

While the potential of generative artificial intelligence (AI) may seem limitless, the computing power it requires could present limitations. One estimate places the cost of...

READ MORE >
Moving Past the Shiny Newness of Generative AI
Moving Past the Shiny Newness of Generative AI
July 07, 2023  |  Artificial Intelligence

Generative AI is increasingly popular, but business leaders looking to stay in front of the wave will need to pay attention to avoiding being run...

READ MORE >
Generative AI’s Future Will Be as the Ultimate Human Sidekick, Says Foundation Capital’s Iyengar
Generative AI’s Future Will Be as the Ultimate Human Sidekick, Says Foundation Capital’s Iyengar
July 06, 2023  |  Artificial Intelligence

A Google survey found that approximately 40% of executives said adopting generative artificial intelligence (AI) is an urgent need. However, many of these same executives...

READ MORE >
Amazon Taps Cloud Dominance for Edge in AI Arms Race
Amazon Taps Cloud Dominance for Edge in AI Arms Race
June 30, 2023  |  Artificial Intelligence

Technology drives growth, and the pace of change is accelerating. That’s why, despite no clear regulatory framework, the world’s biggest tech firms aren’t about to...

READ MORE >
Report: Publishers Considering Coalition to Combat AI Use of Content
Report: Publishers Considering Coalition to Combat AI Use of Content
June 28, 2023  |  artificial intelligence

News and magazine publishers are reportedly looking to protect their business from artificial intelligence (AI) companies. Several publishers are considering banding together to address the...

READ MORE >