PYMNTS.com April 5, 2023

Innovations transform the economy and change the realities of daily life.

The sign of a healthy, competitive market is one where the doors are open to innovation and development, not shut to progress.

That’s why recent calls to slow down or even freeze the development of generative artificial intelligence (AI) models are so surprising.

While no longer the open-source nonprofit its name suggests, OpenAI offers access to its bleeding-edge generative AI products through its API, including both closed-source ChatGPT and the open-source Whisper model. It gives a rising generation of developers across industries access to innovative AI capabilities.

Emily Glassberg Sands, Stripe’s head of information and data science, told PYMNTS CEO Karen Webster that at Stripe alone, there are...

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