The UK government is consulting on regulations for AI training using copyrighted material. This aims to clarify copyright law for both creators and tech companies, addressing concerns about control and payment for copyrighted work used in AI.
Source: https://www.pymnts.com/topic/ai
AIUK | Duplicated with: | Rating: 77 | 2024-12-17 01:50:38 PM |
The middle and back offices have evolved from cost centers to dynamic hubs for business growth and innovation, becoming value-added partners for companies.
Source: https://www.pymnts.com/topic/ai
FintechOpenAI | Rating: 64 | 2024-12-17 09:10:58 AM |
Source: https://www.pymnts.com/topic/ai
2024-12-16 11:00:35 PM |
US venture capital investment in AI companies is rapidly increasing. In 2024, 42% of venture capital went to AI, up from 36% in 2023 and 22% in 2022. Twenty AI companies have each raised over $2 billion.
Source: https://www.pymnts.com/topic/ai
AINone | Rating: 76 | 2024-12-16 09:40:32 PM |
AI researchers, including former OpenAI chief scientist Ilya Sutskever, warn about limits in training AI systems using internet data, suggesting a potential shift in data-driven business models. Sutskever calls for innovative approaches like AI-generated data and enhanced reasoning capabilities to advance AI. He also predicts future AI systems will have human-like reasoning, making their behavior less predictable.
Source: https://www.pymnts.com/topic/ai
AIOpenAI | Rating: -38 | 2024-12-16 07:50:50 PM |
The interconnected world relies on trust, but digital payments innovation can amplify systemic vulnerabilities that erode trust, posing threats such as credit risk, payment risk, and fraud.
Source: https://www.pymnts.com/topic/ai
FintechNone | Rating: 62 | 2024-12-16 09:11:00 AM |
75% of firms still use paper checks for commercial transactions, resulting in $24 billion in check-related fraud losses last year.
Source: https://www.pymnts.com/topic/ai
FintechSnowflake | Rating: 59 | 2024-12-16 09:11:00 AM |
Only 5% of larger SMBs have digitized their payment processes, despite recognizing its value, leaving a greenfield opportunity for FinTech companies to improve financial operations.
Source: https://www.pymnts.com/topic/ai
FintechFinTech | Rating: 68 | 2024-12-16 09:10:33 AM |
New research from Goldman Sachs shows that only 6.1% of American companies use artificial intelligence (AI) to produce their products or services, with finance and insurance companies showing the highest rate of adoption.
Source: https://www.pymnts.com/topic/ai
AIGoldman Sachs | Rating: 71 | 2024-12-16 12:50:32 AM |
Elon Musk is offering free access to the updated Grok-2 AI chatbot on his social media platform X, which is three times faster and offers improved accuracy and multilingual capabilities.
Source: https://www.pymnts.com/topic/ai
AIX | Rating: 64 | 2024-12-15 10:50:35 PM |
