PYMNTS-MonitorEdge-May-2024

OpenAI

Bain and OpenAI Ally to Facilitate ‘Huge Wave of Innovation’
Bain and OpenAI Ally to Facilitate ‘Huge Wave of Innovation’
February 21, 2023  |  artificial intelligence

Bain & Company and ChatGPT creator OpenAI have formed a global services alliance. The alliance will bring together Bain & Company’s digital implementation capabilities and...

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Why the Whole World Is Bullish on Generative AI
Why the Whole World Is Bullish on Generative AI
February 09, 2023  |  artificial intelligence

The world is entering a new age of generative AI, and there’s no going back. This, as even a flubbed demonstration of the next-generation artificial...

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It’s Google’s Bard vs Microsoft and ChatGPT for the Future of AI
It’s Google’s Bard vs Microsoft and ChatGPT for the Future of AI
February 07, 2023  |  artificial intelligence

Battle lines are being drawn in the new artificial intelligence-powered search struggle between Microsoft and Google, and how that spills over into commerce will make...

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Google’s New Focus on AI Includes $300M Anthropic Investment
Google’s New Focus on AI Includes $300M Anthropic Investment
February 05, 2023  |  artificial intelligence

Google is investing around $300 million in artificial intelligence (AI) firm Anthropic. The tech giant announced a partnership with Anthropic in a news release Friday...

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Microsoft’s $10B AI Bet May Not Boost Bing
Microsoft’s $10B AI Bet May Not Boost Bing
January 25, 2023  |  artificial intelligence

A $10 billion investment is a lot of money to spend playing a game of catch-up. As reported, Microsoft is investing billions in OpenAI, in...

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ChatGPT Gets Mixed Customer Service Reviews From Retailers and Brands
ChatGPT Gets Mixed Customer Service Reviews From Retailers and Brands
January 24, 2023  |  artificial intelligence

Businesses say they are hopeful — but also very cautious — about artificial intelligence-powered chatbot ChatGPT. Companies see the promise in the technology’s ability to...

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Microsoft Will Invest $10B in ChatGPT Firm OpenAI
Microsoft Will Invest $10B in ChatGPT Firm OpenAI
January 23, 2023  |  artificial intelligence

Microsoft is investing billions in OpenAI amid increased Big Tech interest in artificial intelligence (AI). “We’re happy to announce that OpenAI and Microsoft are extending...

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Creative Fabrica, Dutch Subscription Marketplace for Designers, Secures $61M Funding
Creative Fabrica, Dutch Subscription Marketplace for Designers, Secures $61M Funding
January 10, 2023  |  Subscription Commerce

The Amsterdam-based startup Creative Fabrica has raised $61 million in a fresh funding round. An online marketplace for fonts, graphics, digital designs and other content...

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ChatGPT Creator OpenAI Valued at $29B
ChatGPT Creator OpenAI Valued at $29B
January 05, 2023  |  artificial intelligence

ChatGPT creator OpenAI is reportedly considering a tender offer that would value it at $29 billion. The company is in talks with venture capital (VC)...

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