Its usability for nontechnical users makes GenAI truly transformative. It enhances efficiency without replacing humans, especially in regulated sectors like banking.

According to OpenAI, ChatGPT has reached 500 million weekly active users, showcasing its widespread use and significance in the AI landscape.

OpenAI has taken an important step to advance its global ambitions by signing a strategic agreement with the UK government to deploy its AI models and background expertise to overhaul government ...

OpenAI CEO Sam Altman says the world may be on the precipice of a “fraud crisis” because of how artificial intelligence could ...

OpenAI CEO Sam Altman warns of a looming fraud crisis in the financial industry due to AI's ability to mimic voices.

OpenAI Chief Executive Sam Altman said he is concerned that financial firms aren’t adequately dealing with a rise in ...

OpenAI CEO Sam Altman says he is nervous about an imminent fraud crisis, warning that bad actors using AI to gain access to ...

Sam Altman, CEO of OpenAI, wants banks and other financial institutions learn to outwit AI when it comes to protecting customers' money.