Elon Musk’s xAI Close to Raising $6 Billion
Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors.
The funding round would value xAI at $18 billion, Bloomberg reported Friday (April 26)....
Banks Need ‘Change Management Checklist’ in Battle Against Fraud
Artificial intelligence (AI) holds the promise to transform all manner of industries — helping banks, in particular, improve their anti-money laundering (AML) efforts.
But as Chris Caruana, VP of St...
Customer Data, Technology Unlock Profitability Amid Uncertainty
Companies can leverage customer data and use technology to prosper in uncertain times, i2c Global Head of Operations John Bresnahan writes in the new PYMNTS eBook, “The Implications of Uncertainty.�...
Capital One CEO Calls Discover Deal ‘Singular Opportunity’
Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout of Discover Financial Services.
Purcha...
The Future of AI? RAG Combines Language and Search
As experts hint at the nearing technical limits of large language models (LLMs), the spotlight turns to retrieval-augmented generation (RAG) — a promising advancement that could redefine artificial ...
Robo-Forklifts Rev Up Walmart’s Warehouses
In Walmart’s sprawling distribution centers, a quiet change is underway.
The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, ...