PYMNTS-MonitorEdge-May-2024

OpenAI

Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
July 25, 2023  |  artificial intelligence

Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities...

READ MORE >
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023  |  Regulation

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. This generally results in the limited use of certain technologies...

READ MORE >
Sam Altman’s Worldcoin Launches Digital Wallet and Identity Technology
Sam Altman’s Worldcoin Launches Digital Wallet and Identity Technology
July 24, 2023  |  Cryptocurrency

In an ambitious undertaking to provide universal access to cryptocurrency, Sam Altman, the CEO of OpenAI, has rolled out services Worldcoin, a revolutionary crypo project...

READ MORE >
White House: Big Tech and AI Companies Pledge Safe Development
White House: Big Tech and AI Companies Pledge Safe Development
July 21, 2023  |  artificial intelligence

The Biden Administration has announced voluntary commitments from seven companies to help move toward safe, secure and transparent development of artificial intelligence (AI) technology. The...

READ MORE >
Experts Want OpenAI to Open Up Its AI Model Architecture
Experts Want OpenAI to Open Up Its AI Model Architecture
July 20, 2023  |  artificial intelligence

The devil is in the details. And as it relates to artificial intelligence (AI), the details are in the foundational data set — and frequently...

READ MORE >
Columbia Business School Professor Says Academia’s Embrace of ChatGPT Can Do More Good Than Harm
Columbia Business School Professor Says Academia’s Embrace of ChatGPT Can Do More Good Than Harm
July 20, 2023  |  artificial intelligence

Since the explosion of generative AI onto the scene last November, ChatGPT has been making waves across various sectors and industries.  In the education space,...

READ MORE >
Meta Sharpens AI Strategy as Tech Giants Crowd Marketplace
Meta Sharpens AI Strategy as Tech Giants Crowd Marketplace
July 19, 2023  |  artificial intelligence

The generative artificial intelligence (AI) landscape is getting crowded. And some of the world’s biggest technology companies are starting to jostle for elbow room. This,...

READ MORE >
Fed Official: AI Can Promote Bias in Lending Decisions
Fed Official: AI Can Promote Bias in Lending Decisions
July 19, 2023  |  artificial intelligence

Michael Barr has become the latest regulator urging caution on the use of artificial intelligence. In a speech Tuesday (July 18), Barr — the Federal...

READ MORE >
FTC’s OpenAI Investigation Reveals Best-Practice Guidelines for Data Teams 
FTC’s OpenAI Investigation Reveals Best-Practice Guidelines for Data Teams 
July 18, 2023  |  artificial intelligence

Countless terabytes of data collected daily are continually streamlining and simplifying today’s business landscape.  We are truly living within the information economy.  And the unsung...

READ MORE >