Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
The move means AI agents can not only recommend products but complete the purchase on the user’s behalf at potentially any merchant that accepts Visa.
artificial intelligence
Another selloff for AI stocks knocks Wall Street back to where it was 5 weeks ago
Wall Street has been shaky since last week, when AI stocks went from roaring to records to suddenly turning lower.
ChatGPT-maker OpenAI files to go public
A successful public offering would immediately make OpenAI one of the 15 most valuable companies in the world and give the company access to billions of dollars.
Apple unveils an upgraded Siri voice assistant with new AI features
Siri AI, which was introduced at the start of Apple’s annual World Wide Developers Conference, has been highly anticipated by users and developers.
Apple expected to unveil new AI features at last developers conference with CEO Tim Cook
Expectations are that Siri will be reimagined as an AI chatbot and will be more conversational, have memory to pick up previous conversations, and will be able to complete multiple tasks with single requests.
AI saves time, but most companies waste the gain, study shows
Nearly half the respondents said they spend more time managing and directing artificial intelligence than doing the work itself.
Longtime colleagues launch Indianapolis-based tech startup
The co-founders of Indianapolis-based software firm Saaslio, which was acquired in 2022, are at it again with a new startup, Lemhi, which aims to help IT companies tap into new revenue sources.
Anthropic races toward Wall Street debut with confidential SEC filing
Anthropic is moving toward an IPO, the latest chapter in its meteoric rise from a little-known research laboratory to one of the leading AI companies, with a value of $965 billion.
Nvidia bets on AI personal computers with new ‘superchip’ powering Windows laptops
Nvidia is already the world’s most valuable company, ahead of Apple, Google’s parent Alphabet and Microsoft. Its new superchips for PCs will challenge chipmaking rivals including Intel and AMD.
Young and unemployed? Remote work, not AI, may be the problem, study finds.
The study concludes that businesses are reluctant to hire new college grads into remote work because it is harder to train and mentor them if they work outside of the office.
IBJ Podcast: After firm’s $50M sale, co-founder was done with startups. Then AI pulled him back in.
Santiago Jaramillo discusses why he decided to get back in the game, the reasons why many firms have trouble adopting AI and why the technology shouldn’t be set loose without human guardrails.
Pope calls for robust regulation of AI in manifesto that ponders the future of humanity
Experts in the tech industry, academia and Catholic morality said the document will likely become a benchmark in the debate over AI, a point of reference for policymakers, researchers and ordinary folk alike.
Cummins must pay $23.3M in damages in trade-secret lawsuit, jury says
A California-based tech firm that develops artificial-intelligence-powered applications accused the Indiana-based manufacturer of stealing its trade secrets.
Trump postpones signing of executive order on AI out of concern for AI industry
The president said he was postponing the signing because he didn’t like what he saw in the order’s text.
Federal court rejects Elon Musk’s claims against OpenAI, saying he filed lawsuit too late
The trial shed light on the bitter falling-out between the two Silicon Valley titans and the beginnings of OpenAI, now a company valued at $852 billion.
Q&A with entrepreneur Harrison Painter on AI, marketing and feeling claustrophobic
He sat down with IBJ to talk about his entrepreneurial journey, how he got interested in artificial intelligence and what he’s up to with his latest startup, LaunchReady.ai.
Lawyers for Elon Musk and OpenAI make final case in trial that could shape AI’s future
The trial’s outcome could sway the balance of power in AI — breakthrough technology that increasingly has raised fears about its potential impacts on the economy, society and even humanity’s survival.
Users say AI financial tools complement but don’t replace human advisers
Some people use artificial intelligence to help them manage their financial lives, including monitoring their existing investments, constructing a stock portfolio, helping craft budgets and analyzing monthly spending habits.
Tech is turning increasingly to religion in quest to create ethical AI
As concerns mount over artificial intelligence and its rapid integration into society, tech companies are increasingly asking faith leaders for guidance on how to shape the technology.
Worries about AI’s risks to humanity loom over trial pitting Musk against OpenAI’s leaders
Witness testimony has touched on concerns about workforce disruptions and the prospect raised by Musk that superhuman AI might one day kill us all.