artificial intelligence

artificial intelligence
OpenAI Reportedly Taking On X and Meta With Social Network Plans
April 15, 2025

OpenAI is reportedly developing a social media platform along the lines of X. That’s according to a report Tuesday (April 15) by the Verge, citing sources who said the project involves an internal prototype focused on ChatGPT’s image generation with a social feed. According to that report, OpenAI...

artificial intelligence
OpenAI Debuts Cheaper GPT-4.1 Models to Attract Enterprise Clients
April 15, 2025

OpenAI has launched its newest artificial intelligence (AI) model lineup that is less expensive than older models and also outperforms them, as competition for enterprise customers heats up. The new models — GPT-4.1, GPT-4.1 mini and GPT-4.1 nano — also boast one-million-token context windows, up...

artificial intelligence
OpenAI Developing AI Agent to Replace Software Engineers, CFO Says
April 14, 2025

OpenAI CFO Sarah Friar said the startup is building an artificial intelligence (AI) agent that can do all the work of software engineers, not just augment their skills, during a wide-ranging interview at a recent Goldman Sachs conference. “This is not just augmenting the current...

artificial intelligence
Lloyds Bank and Coinbase: Inside Their Generative AI Playbooks
April 14, 2025

Lloyds Banking Group, one of the U.K.’s largest financial services firms, is planning to launch a consumer-facing AI agent as early as August. That’s according to Lloyds Chief Data and Analytics Officer Ranil Boteju, who said during a recent Google Cloud roundtable discussion on AI...

artificial intelligence
Sam Altman: OpenAI Has Reached Roughly 800 Million Users
April 13, 2025

OpenAI’s CEO says the generative artificial intelligence (AI) startup has reached approximately 800 million people. “Something like 10% of the world uses our systems, now a lot,” said Sam Altman, whose comments at a Friday (April 11) TED 2025 event were reported by Seeking Alpha. ...

artificial intelligence
OpenAI Co-Founder’s Firm Value Jumps Sixfold After $6 Billion Funding Round
April 13, 2025

Artificial intelligence (AI) startup Safe Superintelligence (SSI) has reportedly raised $6 billion in new funding. The round, as reported Friday (April 11) by the Financial Times (FT), values the company at $32 billion, a more than sixfold increase from the last time the firm raised...

artificial intelligence
Salesforce Bets Big on Enterprise AI to Drive Growth
April 10, 2025

Customer relationship management (CRM) giant Salesforce is seeing “massive” growth in its data cloud platform, fueled by interest in generative and agentic artificial intelligence (AI) from enterprises, according to one of the company’s senior executives. In an exclusive interview with PYMNTS, Gabrielle Tao, senior vice...

artificial intelligence
Anthropic Debuts $200-per-Month Subscription to Claude AI Model
April 09, 2025

Anthropic has debuted a higher-priced subscription version of its Claude artificial intelligence (AI) chatbot. The startup’s Max plan, announced Wednesday (April 9), is designed for users who work extensively with Claude and require expanded access for their most important tasks. This plan also gives users priority access to...

artificial intelligence
Meta’s Llama 4 Models Are Bad for Rivals but Good for Enterprises, Experts Say
April 09, 2025

Meta’s latest open-source AI models are a shot across the bow to the more expensive closed models from OpenAI, Google, Anthropic and others. But it’s good news for businesses because they could potentially lower the cost of deploying artificial intelligence (AI), according to experts. The...