PYMNTS-MonitorEdge-May-2024

OpenAI

Banks See Risk in Dependence on Big Tech’s AI Capabilities
Banks See Risk in Dependence on Big Tech’s AI Capabilities
June 07, 2024  |  Banking

The growing dependence of banks on Big Tech companies for artificial intelligence (AI) capabilities is reportedly raising concerns about new risks. This dependency of the...

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AI Agents Attract Funding, Aim to Transform Industries
AI Agents Attract Funding, Aim to Transform Industries
June 07, 2024  |  Artificial Intelligence

Artificial intelligence agents have reportedly caught the attention of tech investors, leading to a surge in funding for startups focused on building them. The interest...

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AI Giants Set to Face US Antitrust Probes
AI Giants Set to Face US Antitrust Probes
June 06, 2024  |  artificial intelligence

American regulators are reportedly readying antitrust investigations into three major players in the AI industry. The Justice Department and Federal Trade Commission (FTC) have come...

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ChatGPT Back Up After ‘Major Outage’ at AI Platform
ChatGPT Back Up After ‘Major Outage’ at AI Platform
June 05, 2024  |  artificial intelligence

OpenAI had restored its ChatGPT Wednesday (June 5) following a “major” outage the prior day. As Tom’s Guide noted in a report Wednesday, while ChatGPT will sometimes have...

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OpenAI, Google DeepMind Employees Look to Voice Concerns About AI
OpenAI, Google DeepMind Employees Look to Voice Concerns About AI
June 04, 2024  |  artificial intelligence

A group of current and former employees from OpenAI and Google DeepMind have reportedly signed a public letter calling for protection from retaliation when sharing...

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OpenAI Content Deals Leave News Writers Alarmed
OpenAI Content Deals Leave News Writers Alarmed
June 02, 2024  |  artificial intelligence

OpenAI’s recent content-licensing deals with Vox and The Atlantic have writers for those publications worried. As Ars Technica wrote Friday (May 31), the deals will...

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Anthropic Wants Every Business to Have a Custom AI Assistant
Anthropic Wants Every Business to Have a Custom AI Assistant
May 31, 2024  |  artificial intelligence

Anthropic, the startup behind the artificial intelligence (AI) assistant Claude, is launching a new “tool use” feature that could change how businesses interact with their...

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US Justice Department Intensifies Scrutiny of AI Content Deals
US Justice Department Intensifies Scrutiny of AI Content Deals
May 31, 2024  |  artificial intelligence

The U.S. Justice Department has intensified its scrutiny of content deals involving artificial intelligence (AI) companies such as OpenAI. Jonathan Kanter, the agency’s top antitrust...

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Grab Teams With OpenAI to Integrate AI in Ride-Hailing, Delivery Business
Grab Teams With OpenAI to Integrate AI in Ride-Hailing, Delivery Business
May 30, 2024  |  Artificial Intelligence

Ride-hailing and delivery company Grab partnered with artificial intelligence firm OpenAI to upgrade its app and integrate AI across its business Grab, which operates in...

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