Large language models (LLMs) can bring great benefits to the payments industry, revolutionizing customer experiences and operations. However, challenges like predictability and explainability must be addressed before full implementation. OpenAI's LLM is an advanced model developed with deep learning algorithms, which has huge potential for the industry's stakeholders.
Vectara's AI-powered search platform introduces new features to enhance generative AI for business data, including summarizing functions and improved grounded generation to improve search accuracy. Recently closed seed funding of $28.5m.
AI chatbots like ChatGPT, Bing, and Bard can be helpful, but their large language model causes hallucinations. MIT's multiple chatbots approach could make them more accurate, preventing harm from false claims.
Experts call for pause in AI due to risks. Businesses must ask how to use AI effectively. Geoffrey Hinton warns of AI dangers, but Microsoft embraces LLM tech.
Spotify's foray into AI-powered technology is coming to the world of podcasting with Bill Simmons, founder of The Ringer, contributing to the initiative. Reportedly, Spotify is developing a new AI technology that will enable podcasts to play advertisements read by a host, without the host ever recording the ads. AI-read ads could open up opportunities for podcasters to target different languages and geographies, if the hosts give their permission. With Spotify's investments in machine learning and content personalization, AI host ads may be just around the corner.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?