OpenAI reportedly expects its revenue to reach $125 billion in 2029 and $174 billion in 2030 as it adds new products. The company expects its artificial intelligence (AI) agents and other new products to generate more sales than its ChatGTP chatbot by that time, The...
Today’s finance chiefs aren’t looking for artificial intelligence (AI) that dazzles. They want AI that delivers. And many are putting their money on that, with the latest PYMNTS Intelligence data from the April 2025 edition of the CAIO Report, a collaboration with Coupa, revealing that...
TD Bank Group will open a new office in New York City for its artificial intelligence (AI) research and development center, Layer 6, later this year. With this new office, Layer 6, which currently operates from its head office in Toronto, will grow to more...
In the not-too-distant future, saying goodbye to a loved one may no longer mean a final farewell. Several companies are offering services today to create artificial intelligence (AI) digital twins of deceased loved ones. Think of Superman conversing with the 3D twin of his Kryptonian...
After spending much of his time and energy this year as head of the Department of Government Efficiency (DOGE), could Elon Musk be pivoting to refocus on his businesses? Sources familiar with an xAI investor call last week told CNBC Monday (April 21) that Musk...
When most people refer to AI, they are talking about ChatGPT, Midjourney or other generative AI tools they personally use. This is consumer AI. Enterprise AI is different. It is the use of artificial intelligence (AI) at scale within companies to boost productivity, enhance decision-making,...
Just as companies are ramping up their artificial intelligence (AI) deployments in areas ranging from customer service to manufacturing, the U.S. government is seeking to break up two of the biggest AI players, which could have repercussions for AI development and investment for years to...
GenAI is rapidly shifting from back-office experimentation to the strategic core of finance departments at major U.S. corporations, according to a PYMNTS report, “CFOs Envision Growing Role For GenAI In Finance.” PYMNTS surveyed 60 chief financial officers (CFOs) from United States firms with at least...
Will artificial intelligence (AI) eventually replace humans in the workplace? The founder of Mechanize seems to think so. The startup — whose launch was covered by a Saturday (April 19) TechCrunch report — debuted last week with that mission, drawing some controversy in the process. “Mechanize...
