PYMNTS-MonitorEdge-May-2024

OpenAI

Small Businesses Face Uphill Battle in AI Race, Says AI Index Head
Small Businesses Face Uphill Battle in AI Race, Says AI Index Head
April 17, 2024  |  artificial intelligence

Small and medium-sized businesses will struggle to keep pace with tech giants like OpenAI in developing their own artificial intelligence (AI) models, according to a...

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Intel and Partners Want to Solve Enterprise AI’s Interoperability Problem
Intel and Partners Want to Solve Enterprise AI’s Interoperability Problem
April 17, 2024  |  artificial intelligence

Few innovations throughout history have progressed as fast as generative artificial intelligence (AI) has. And with the news Tuesday (April 16) that Intel, working with...

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Former OpenAI Board Member Says AI Needs Reporting Mechanism, Auditors
Former OpenAI Board Member Says AI Needs Reporting Mechanism, Auditors
April 16, 2024  |  artificial intelligence

There should be a reporting mechanism in place for incidents when artificial intelligence (AI) goes wrong, just as there is for airplane crashes, a former OpenAI board...

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DeepMind Head: Google AI Spending Could Exceed $100 Billion
DeepMind Head: Google AI Spending Could Exceed $100 Billion
April 16, 2024  |  artificial intelligence

Google’s top AI executive says the company’s spending on the technology will surpass $100 billion. While speaking Monday (April 15) at a TED Conference in...

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Stanford Report: Human Oversight Boosts AI Gains
Stanford Report: Human Oversight Boosts AI Gains
April 15, 2024  |  artificial intelligence

What a difference 10 years makes. Just a decade ago, artificial intelligence couldn’t understand language or images; now it can. AI is also revolutionizing workforce...

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OpenAI Names Former AWS President Tadao Nagasaki to Head Japan Operations
OpenAI Names Former AWS President Tadao Nagasaki to Head Japan Operations
April 15, 2024  |  Personnel

OpenAI has tapped the former president of Amazon Web Services’ Japan operations to lead its push into that country. Tadao Nagasaki’s appointment, announced Monday (April 15), comes as the artificial intelligence...

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Regulators Not ‘Dazzled’ by AI Companies’ Attempts to Avoid Scrutiny
Regulators Not ‘Dazzled’ by AI Companies’ Attempts to Avoid Scrutiny
April 14, 2024  |  artificial intelligence

Antitrust regulators are reportedly not convinced by artificial intelligence (AI) firms’ suggested hands-off policy. Speaking at an antitrust conference in Washington last week, Federal Trade...

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OpenAI Hosts Hundreds of Corporate Executives to Demonstrate ChatGPT Enterprise
OpenAI Hosts Hundreds of Corporate Executives to Demonstrate ChatGPT Enterprise
April 12, 2024  |  Artificial Intelligence

OpenAI is reportedly stepping up its efforts to sell its artificial intelligence services to corporates worldwide. The company’s CEO, Sam Altman, hosted meetings this month in San...

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This Week in AI: Supersmart AI, Custom Chips, Data Drought and Mental Health Chatbots
This Week in AI: Supersmart AI, Custom Chips, Data Drought and Mental Health Chatbots
April 12, 2024  |  artificial intelligence

This week in artificial intelligence (AI) news, experts weigh in on Elon Musk’s prediction that AI will soon outsmart humans, companies are building custom AI...

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