PYMNTS-MonitorEdge-May-2024

large language models

OpenAI Delivers Subscription Model Upgrade for GPT-4o
OpenAI Delivers Subscription Model Upgrade for GPT-4o
May 13, 2024  |  artificial intelligence

OpenAI, the artificial intelligence (AI) company behind the widely popular ChatGPT, announced Monday (May 13) the launch of GPT-4o — with “o” meaning “omni” — a new language...

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Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
May 13, 2024  |  artificial intelligence

The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). The new Falcon 2 includes a model with image-to-text...

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How Deep Learning Lets AI Tackle Complex Tasks
How Deep Learning Lets AI Tackle Complex Tasks
May 13, 2024  |  artificial intelligence

Scientists and engineers are teaching machines to think like humans, using a cutting-edge approach to artificial intelligence (AI) called deep learning. Deep learning is inspired...

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Balsam Brands Uses Real-Time Data to Make Its Holiday List
Balsam Brands Uses Real-Time Data to Make Its Holiday List
May 08, 2024  |  Retail

With the first quarter recently in the books and Q2 well underway, most companies have their collective eye on an uncertain economy and an inconsistent...

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Report: Microsoft Develops Internet-Free AI Model for Spy Agencies
Report: Microsoft Develops Internet-Free AI Model for Spy Agencies
May 07, 2024  |  artificial intelligence

Microsoft has reportedly built a generative AI model designed for U.S. intelligence agencies. The development marks a milestone in the artificial intelligence (AI) sector, in that officials...

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AI Explained: Large Language Models May Transform Industries 
AI Explained: Large Language Models May Transform Industries 
May 06, 2024  |  artificial intelligence

Large language models, or LLMs, have emerged as pivotal forces in artificial intelligence.  These models, constructed on extensive datasets of human-generated text, empower machines to comprehend,...

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Online Marketplaces Deploy AI to Provide Personal Shopper Experience
Online Marketplaces Deploy AI to Provide Personal Shopper Experience
May 03, 2024  |  Retail

Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology...

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OpenAI Privacy Case Shows Misinformation Is Hard to Cure
OpenAI Privacy Case Shows Misinformation Is Hard to Cure
April 30, 2024  |  artificial intelligence

In the fast-paced world of artificial intelligence, where chatbots like OpenAI’s ChatGPT are all the rage, a new EU privacy complaint is shining a spotlight...

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Is GPT-5 on the Horizon? Experts Ponder OpenAI’s Next Chatbot Possibilities
Is GPT-5 on the Horizon? Experts Ponder OpenAI’s Next Chatbot Possibilities
April 29, 2024  |  artificial intelligence

OpenAI may be close to unveiling ChatGPT-5, its latest iteration of large language models, and the artificial intelligence (AI) world is buzzing with possibilities. The...

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