PYMNTS.com July 16, 2024

Reports of OpenAI’s leap toward human-level artificial intelligence (AI) have set the business world abuzz with visions of AI-powered commerce that could rewrite global trade rules — if the tech lives up to the hype.

Artificial general intelligence (AGI) represents a hypothetical leap beyond current AI, aiming to match or exceed human cognitive abilities across diverse tasks. In commerce, experts say AGI could revolutionize decision-making, offering deep insights into market trends and consumer behavior. It promises to streamline operations, from supply chain management to product development, with unprecedented efficiency.

According to Reuters, OpenAI is developing a new approach to its AI models under the project code-named “Strawberry,” which aims to enhance the models’ advanced reasoning capabilities. While the precise...

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Topics: AI (Artificial Intelligence), Technology
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