The spread of AI-based systems offers big opportunities for financial services firms, but asset managers face higher stakes because they manage sensitive information.
Read More Financial industry grappling with AI’s gifts and perils, executives say
Tag: OpenAI
Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Adobe surges as AI optimism fuels annual revenue forecast
Adobe shares soared 16% on Friday, putting the Photoshop-maker on track for its best day in more than four years.
Read More Adobe surges as AI optimism fuels annual revenue forecast
US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
The Justice Department and the FTC have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the AI industry.
Read More US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
Nvidia set to overtake Apple as world’s second-most valuable company
Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades.
Read More Nvidia set to overtake Apple as world’s second-most valuable company
PwC to become OpenAI’s largest enterprise customer amid genAI boom
PwC will roll out ChatGPT Enterprise, a version of the Microsoft-backed AI startup’s chatbot aimed at large companies.
Read More PwC to become OpenAI’s largest enterprise customer amid genAI boom