AI & Robotics

Payment fraud soared to record levels in early 2023, and in response, e-commerce, retailing, and mass merchants rely more on AI-based fraud prevention systems to outsmart attackers.  Visa’s Biannual Threats Report published today found that nearly 460 ransomware attacks worldwide happened in March 2023 alone, a staggering 91% increase over February, and 62% higher compared to the same period in…

Instacart may have an IPO coming this month — reports say the company is considering pricing its listing Sept. 19, with trading starting the following day — but it getting some AI-heavy product announcements out of the way first. Today, the company announced several major updates to its Instacart Storefront platform, which powers ecommerce storefronts for more than 550 retail brands…

With the rise of ChatGPT and other tools, enterprises have become bullish on the potential of generative AI. They have started looping in LLMs into their workflows and products, growing not only the business of vendors providing these novel systems but also the demand for talent capable of leveraging them to the fullest. However, according to a new Workmonitor Pulse survey from staffing company…

Zoom, the videoconferencing and messaging platform, is getting into the built-in generative AI assistant game, according to a blog post on Tuesday. It said it will rebrand its Zoom IQ as the Zoom AI Companion and users already subscribed to the paid services will have access to the new features right away. Mapping to the challenges found in a normal workday, Zoom says its “AI Companion” can…