Wealthy consumers are using mobile wallets to pay

mobile wallet - person making payment

Among high-earning shoppers, 55 percent use digital payments to complete their transactions After a slow start, consumers are increasingly using mobile wallets to pay for purchases both online and in-store. That said, some demographics are using the technology more than others Regardless of whether they are shopping in-person in brick-and-mortar stores, or are shopping online, consumers are turning to mobile wallets more often to complete their transactions. That said, these digital apps and platforms such as Google Wallet, Apple Pay, and PayPal aren’t limited exclusively to transaction completion while shopping. …

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Apple is working on artificial intelligence to enhance Siri

Artificial intelligence - Apple - Siri

Though the iPhone maker has been tight lipped about its AI, everyone expects it As is typically the case when it comes to projects it hasn’t officially announced, Apple hasn’t said much about its progress with artificial intelligence, though few have any doubt that it is up to its eyeballs in AI research. Just because Apple isn’t talking, doesn’t mean AI isn’t happening Apple hasn’t simply absented itself from the artificial intelligence race that its competitors have been scrambling to keep up with.  The iPhone maker nearly never talks about…

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Threads app now has more daily users than X

Threads App More DAU than X

Zuckerberg’s microblogging application is now more popular than former Twitter Meta’s newest social media platform, the Threads app, has recently overtaken X (formerly known as Twitter) in terms of its daily active users in the United States. The achievement was initially noted in December 2023 It was the Apptopia data intelligence firm that first observed that the Threads app had more daily active users (DAUs) than the X social media platform. “Threads DAUs in the US passed X in December 2023 and it has not looked back,” said Apptopia vice…

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Microsoft launches its tiniest artificial intelligence model to date

Artificial intelligence model - Microsoft launch

Phi-3 is the smallest so far and learned from “bedtime stories” from other large language models Microsoft has released the latest version of its tiny artificial intelligence model, the Phi-3 Mini, which is the smallest it has launched to date. This is the first of three small models it intends to launch The Phi-3 Mini is only 3.8 billion parameters. Its training was based on data notably smaller than those for GPT-4 and other large language models (LLMs). The new Phi-3 Mini artificial intelligence model can be found on Hugging…

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Apple bans 3 AI apps able to create deepfake images of people without clothes

AI apps - Deepfake AI Banned - Apple

The iPhone maker has removed generative artificial intelligence with capabilities for undressing Apple has removed 3 AI apps in a move that may include more as a result of a trend among certain developers that have been promoting their products as able to create deepfake pictures that show people undressed. Developers have been using social media to promote those products Developers selling these AI apps have been promoting them on social media ads, particularly on Instagram.  They make references to being able to “delete” clothing and other similar features. When…

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