AI and Cost-Cutting Lead to 175% Yearly Jump in Layoffs
Artificial intelligence (AI) and cost-reduction caused American employers to cut 153,074 jobs last month. That’s a 175% jump…
Weight-Loss Drug Zepbound Gets Walmart D2C Pricing
Consumers will soon be able to pick up single-dose vials of the weight loss drug Zepbound at Walmart…
Amazon, Perplexity Clash Over Third-Party AI Shopping AgentsÂ
Amazon and artificial intelligence (AI) startup Perplexity are in a dispute over the deployment of third-party AI agents…
TranscendAP Secures Funding to Grow AP Automation Software
TranscendAP said Thursday (Oct. 30) that it secured venture funding to accelerate the growth of its artificial intelligence-driven…
PayPal Says Nvidia Open Models Accelerate Time-to-Market
PayPal said Tuesday (Oct. 28) that it accelerated the time-to-market of its artificial intelligence solutions by five times…
Nvidia on Pace to Hit ‘Unimaginable’ $5 Trillion Valuation
As Bloomberg News noted in a report Wednesday (Oct. 29), shares of the company climbed as much as 3.5% to…
Booking Holdings Says Gen AI Tools Increase Conversions
Booking Holdings is seeing early results from the generative artificial intelligence (gen AI) solutions it offers across its…
Bank of America Finds AI Has Limited Impact on US Employment
Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited. That’s according to…
AI Adoption Set to Transform Entry-Level Roles in Finance
Efforts to automate entry-level tasks in finance won’t necessarily eliminate entry-level roles, Fortune reported Wednesday (Oct. 22). Instead,…
YouTube Expands AI Safety Features With Likeness Detection
YouTube has launched its likeness detection system, a new tool that lets creators identify and request removal of…
Finster Raises $15 Million for AI Platform for Financial Institutions
Finster AI has raised $15 million in combined Series A and seed funding to support the growth of…
Blackstone President Foresees ‘Profound’ AI Disruption in Business
The president of private capital group Blackstone says Wall Street is still underestimating artificial intelligence (AI). In comments…