Artificial Intelligence/page/3 news and trends

3 Ways B2B Innovation Is Embedding Holiday Magic Into Supply Chains
B2B Payments // November 19, 2024

During the chaotic holiday season, delays can derail operations. Streamlined logistics, on the other hand, can make peak periods immensely profitable. And as the holiday season peeks its head around the corner, businesses are bracing themselves for the surge in spending — potentially $240.8 billion in the...

Class8 Raises $22 Million for AI-Powered Logistics Solutions for Fleets
News // November 19, 2024

Class8, formerly known as FleetOps, has raised $22 million in a Series A funding round to promote its original equipment manufacturer (OEM)-integrated, artificial intelligence (AI)-powered logistics solutions. The company’s platform processes over 1 billion daily data points from 227,000 trucks and uses that data to help trucking...

Temenos Offers On-Site GenAI From Nvidia for Banks
artificial intelligence // November 19, 2024

Banking software provider Temenos says it has begun offering its “on-premises” generative artificial intelligence (AI) to banks. The tool, built with Nvidia’s AI platform, is designed to help lenders glean real-time insights from their data while maintaining control of their information, Temenos said in a...

US Patent Office Bans In-House GenAI Use
artificial intelligence // November 19, 2024

The U.S. Patent and Trademark Office has reportedly banned staff from using generative artificial intelligence (GenAI). The ban has been in place since last April, with the patent office citing security concerns along with the tendency of some tools to display “bias, unpredictability and malicious...

Interviews & Exclusives
Robots and AI Are Rebuilding the Supply Chain From Ground Up

November 19, 2024
Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through these yards — where trucks are loaded, unloaded, and dispatched — with inefficiencies that impact the entire logistics network. Historically, this labor-intensive work has relied […]

AI Makes Impact in Supplier Enablement and Predictive Analytics

November 19, 2024
Embedding AP payment solutions eliminates the friction points that have plagued B2B payments, Finexio Chief Strategy Officer Chris Wyatt writes in a new PYMNTS eBook, “The New Value Equation: 11...

Why the Customer Experience Should Drive Fraud Prevention Strategies

November 18, 2024
A solid fraud prevention strategy includes reducing false positives and ensuring an improved customer experience, Featurespace founder Dave Excell writes in a new PYMNTS eBook, “The New Value Equation: 11...

78% of CFOs Plan to Increase GenAI Investments Despite Limited ROI

November 15, 2024
Generative artificial intelligence (GenAI) has become an important tool for CFOs, who view the technology as critical to their organization’s strategic and operational planning. According to a PYMNTS Intelligence report,...

Quick Reads
Class8 Raises $22 Million for AI-Powered Logistics Solutions for Fleets

November 19, 2024
Class8, formerly known as FleetOps, has raised $22 million in a Series A funding round to promote its original equipment manufacturer (OEM)-integrated, artificial intelligence (AI)-powered logistics solutions. The company’s platform processes over 1 billion daily data points from 227,000 trucks and uses that data to help trucking businesses optimize their fleet operations, Class8 said in a Tuesday […]

Temenos Offers On-Site GenAI From Nvidia for Banks

November 19, 2024
Banking software provider Temenos says it has begun offering its “on-premises” generative artificial intelligence (AI) to banks. The tool, built with Nvidia’s AI platform, is designed to help lenders glean...

US Patent Office Bans In-House GenAI Use

November 19, 2024
The U.S. Patent and Trademark Office has reportedly banned staff from using generative artificial intelligence (GenAI). The ban has been in place since last April, with the patent office citing...

Microsoft and C3 AI Expand Partnership to Promote Enterprise AI

November 19, 2024
Microsoft and enterprise artificial intelligence (AI) application software company C3 AI have expanded their strategic partnership to accelerate the adoption of enterprise AI on the cloud computing platform Microsoft Azure....