Apple and Nvidia are reportedly in talks, separately, to invest in OpenAI. The Wall Street Journal reported Apple’s consideration of an investment in the artificial intelligence (AI) company, while Bloomberg reported Nvidia’s interest. Both reports cited unnamed sources. Reached by PYMNTS, Nvidia declined to comment...
Two of the most high-profile artificial intelligence firms inked a deal with the United States government. OpenAI and Anthropic agreed to collaborate with the U.S. Artificial Intelligence Safety Institute on AI safety research, testing and evaluation, according to a Thursday (Aug. 29) press release. The...
Nvidia’s latest earnings report released Wednesday (Aug. 28) revealed a paradox: record-breaking revenue fueled by artificial intelligence chip demand, yet a deceleration in growth that left investors jittery. The company’s performance, particularly in its data center segment, which includes AI-focused products, remained strong in the...
California lawmakers passed an artificial intelligence safety bill despite industry opposition. The bill needs one more process vote before it heads to Gov. Gavin Newsome, who has until the end of September to either sign the legislation into law or veto it, Reuters reported Wednesday...
Technology has long had a profound impact on farming practices. With the advent of artificial intelligence, the growing intersection of AgTech, finance and robotics is helping ensure that the future of agriculture stays fertile. “AI and machine learning are not new technologies,” Ceres AI CEO...
OpenAI reportedly aims to release its next-level artificial intelligence product in the fall. The product, called “Strawberry,” will be able to solve problems and tasks that are beyond the capabilities of current AI models, Seeking Alpha reported Tuesday (Aug. 27), citing a paywalled article by...
Unions in the United Kingdom want the country’s banks to be ready to retain workers displaced by artificial intelligence. At the U.K.’s Trades Union Congress next month, labor organizations will call on lenders, insurance and accounting firms to be prepared to assist millions of workers...
Perplexity AI, a billion-dollar artificial intelligence search startup, is reportedly preparing to monetize its platform through ads in the fourth quarter. The move comes as AI-powered search engines increasingly influence eCommerce, potentially reshaping how consumers discover products and businesses allocate their marketing budgets in the...
While generative artificial intelligence is not yet making money in some fields, it has reportedly quickly proven its value in powering coding assistants. One AI coding assistant, the Microsoft-owned GitHub Copilot, has drawn nearly 2 million paying subscribers since its launch in 2022 and contributed...
