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Microsoft is reportedly considering legal action over Amazon and OpenAI’s new cloud deal.
As the Financial Times (FT) reported Wednesday (March 18), the issue hinges on whether Amazon Web Services (AWS) can offer OpenAI’s new Frontier commercial product without breaking an agreement requiring all access to OpenAI’s models to be run through Microsoft’s Azure cloud platform.
That...
Watch more: What’s Next in Payments With One Inc’s Kevin Ostrander
The never-ending battle against payments fraud is entering a more complicated phase as artificial intelligence (AI) allows criminals to replicate human activity with unsettling accuracy.
Voices can be synthesized, identities can be fabricated from fragments of real data and automated programs increasingly behave like...
Watch more: What’s Next in Payments With Velera’s Elizabeth Wadsworth
Artificial intelligence is changing the nature of financial fraud by giving criminals the ability to imitate voices, construct synthetic identities and reproduce the digital behavior of legitimate account holders.
For financial institutions, and especially for credit unions, that development is forcing a reassessment...
Watch more: What’s Next in Payments With Paysafe’s Richard Swales
Aided by technology, fraudsters attempt to mimic legitimate users in ways that traditional authentication tools were never designed to detect.
As generative technologies evolve, payments providers are confronting a reality in which confirming that a customer is genuine requires more than reviewing documents or matching...
Healthcare costs are hitting the youngest adults hardest, turning even routine care into a budget decision for Americans who, on paper, should need the least medical attention.
That was the central takeaway from “Healthcare on Hold: Why 1 in 4 Gen Z Consumers Skip the Doctor,” the November Generational Pulse Report from PYMNTS Intelligence based on a survey of 2,368 consumers in the...
Meta Quest virtual reality (VR) headsets will no longer be able to access the Horizon Worlds app, and Horizon Worlds will no longer be available in VR, after June 15.
Meta announced these changes in a Tuesday (March 17) blog post, saying this is part of a change of focus for VR and Horizon that the company announced in February.
“We are separating the two platforms so each can grow...
Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company’s cloud computing unit Amazon Web Services (AWS) to a level double that he previously expected, Reuters reported Tuesday.
Speaking at an internal all-hands meeting, Jassy said that for years he expected that AWS could be an annual revenue, run rate business of $...
Nvidia announced NemoClaw at its annual GTC conference, an enterprise-ready version of the viral artificial intelligence agent platform OpenClaw that adds security, privacy controls and policy enforcement, giving companies a way to deploy self-operating AI assistants without exposing sensitive business data.
OpenClaw, created by developer Peter Steinberger, is an open-source software...
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) provided greater clarity about their respective rules around crypto assets.
The SEC issued an interpretation that clarifies how federal securities laws apply to certain crypto assets and transactions involving crypto assets, it said in a Tuesday (March 17) press release. The regulator added...
OpenAI may launch an initial public offering (IPO) by the end of the year, and the company is focusing on enterprise applications as it does so, CNBC reported Tuesday (March 17).
Fidji Simo, OpenAI’s CEO of applications, said last week at a company meeting that the OpenAI is “orienting aggressively” toward high-productivity use cases and that it will convert its customers into high-...