Tag: ai model pricing per token

Credit: Pixabay/CC0 Public Domain In the world of high finance, companies are hedging their bets on artificial intelligence (AI). Indeed, AI has already been used in algorithmic trading and fraud detection. As the technology grows more powerful and autonomous, so there is an urgent need to put in place checks and balances to ensure ethical and valid use of these tools. Research published in the International Journal of Business Information Systems now offe

A new lawsuit filed on Monday in Sacramento, California, proposed as a class action, accuses BP, 7-Eleven, Walmart, Albertsons, and other gas station chains operating in California—along with a software platform—of using AI to “coordinate high prices and wring more money from the pockets of consumers,” according to Reuters, who reviewed the suit. Reuters says the software in question is Kalibrate, one of the defendants, and a company whose website says it

The Ateneo de Manila University's Student Enterprise Center houses a variety of student-led food stalls, an ideal test bed for AI-assisted tools aimed at empowering small businesses. Credit: Ccai Llamas / The Guidon The Ateneo de Manila University's Business Insights Laboratory for Development (BUILD) is looking at ways for artificial intelligence (AI) to augment and enhance—rather than replace—human labor in small businesses, which make up the bulk of the

It’s been previously reported that Apple will be skipping expected variants of its M6 chip and speeding up production of the M7. But the writing on the wall suggests very, very expensive M7 Ultra-powered desktop Macs coming in 2028—and the reason may (not) shock you. Anonymous sources are apparently continuing to inform Bloomberg’s scoop-getter Mark Gurman about Apple disrupting its traditional chip rollout process. M6-powered Apple products don’t even exi

Credit: Tim Gouw from Pexels Artificial intelligence (AI) is transforming how companies set prices—but experts warn algorithm-driven personalized pricing risks alienating consumers and inviting regulatory backlash. Picture this: you're searching Google Flights for a round trip from Sydney to New York. You spot a decent price on one website, and then, just out of curiosity, you click on a business class fare to compare the prices. When you return later with

Beijing, China – April 15, 2025 – In a strategic move that underscores its technological prowess and global ambitions, potentially paving the way for a future IPO, Chinese AI company Zhipu.AI has announced the comprehensive open-sourcing of its next-generation General Language Models (GLM). This release includes the advanced GLM-4 series and the groundbreaking GLM-Z1 inference models, boasting unprecedented inference speeds and the launch of a dedicated in

Republicans and Democrats don’t agree on much. But a U.S. Senate hearing on Tuesday seemed to be a rare point of bipartisan agreement. Surveillance pricing, the practice of companies using personal data to adjust the prices of goods, is really bad. But the question remains: Will Congress actually do anything to regulate it? The hearing was held by the Senate Judiciary Committee and titled, “Your Data, Their Profit: the Consumer Cost of AI Surveillance Pric

Renewable energy-driven (photo)electrochemical system. Credit: Nature Reviews Clean Technology (2025). DOI: 10.1038/s44359-025-00089-3 A review reimagines solar-driven water electrolysis not as a mere hydrogen production technology but instead as a relatively versatile platform for sustainable chemical manufacturing, according to Professor Fatwa F. Abdi from the School of Energy and Environment at City University of Hong Kong (CityUHK). This review article

Illustration by Tag Hartman-Simkins / Futurism. Source: Michael M. Santiago / Getty Images Just one month into his new job, New York City mayor Mamdani is cracking down on more than just predatory landlords. Apparently, useless AI chatbots are also on his administration’s agenda. In a press conference held last week, Mamdani made it a point to single out New York City’s large language model as a target for destruction. According to local publication The Ci

Credit: Unsplash/CC0 Public Domain You check prices online for a flight to Melbourne today. It's $300. You leave your browser open. Two hours later, it's $320. Half a day later, $280. Welcome to the world of algorithmic pricing, where technology tries to figure out what price you're willing to pay. Artificial intelligence (AI) is quietly remaking how companies set prices. Not only do prices shift with demand (dynamic pricing), but firms are increasingly ta

Illustration by Tag Hartman-Simkins / Futurism. Source: Lionel Hahn / Getty Images Amid its pivot to AI, the Washington Post is abandoning the traditional fix-priced subscription model. According to new reporting from Washingtonian, the once-venerable newspaper will now be setting readers’ subscription rates based on an AI-driven algorithm that interprets their personal data, mirroring controversial schemes used by services like Uber, Ticketmaster, and air

@ (Picture=Google) Google has launched 'Gemini 4 Hydrogen', which is specialized in fast processing speed and AI agent tasks. The completion speed is 2.5 times faster than previous lightweight models, and it recorded better performance than the top model 'Gemini 4 Argon' in external comprehensive performance evaluations. Google announced the release of Hydrogen through its official blog on the 12th (local time), and began providing it through Google AI Stu

Everything about Artificial Intelligence see more McDonald’s was sued in the United States for using artificial intelligence to help set prices in its stores and franchises. The McDonald’s pricing system analyzes data from millions of transactions conducted daily. – Image: Live heavenly/Shutterstock What the lawsuit says Thomas accuses McDonald’s of using algorithms to coordinate prices with independent franchisees. The lawsuit claims that the system uses

The invisible risk inside company systemsShapira said most corporate security systems were designed for an older world where everything stayed behind firewalls and network borders. Shadow AI breaks that model because it works from the inside, hidden in the company’s own tools.Many modern AI tools connect straight into everyday SaaS platforms like Salesforce, Slack, or Google Workspace. While that is not a risk in itself, AI often does this through permissi

Risks associated with external AI useEvery time performance or user-level data leaves your infrastructure for inference, you introduce risk. Not theoretical – operational. In recent security audits, we’ve seen cases where external AI vendors log request-level signals under the pretext of optimisation. That includes proprietary bid strategies, contextual targeting signals, and in some cases, metadata with identifiable traces. The isn’t just a privacy concer

Since the launch of “Jev,” an AI model that solves tasks through an approach different from large language models (LLMs), a succession of models that guide the decisions of AI agents—similarly called “decision-making models”—have appeared. Google has now introduced “Gemini Decision 1,” a decision-making model. Gemini Decisions API: Fast multimodal decisions https://blog.google/innovation-and-ai/technology/developers-tools/gemini-decisions-api/ The Gemini D

Illustration by Tag Hartman-Simkins / Futurism. Source: Shutterstock While Wall Street was fast asleep, a Chinese-made large language model quietly leapfrogged 16 other models to become number one on the AI charts. The model is called Kimi-K3, developed by Beijing-based firm Moonshot AI. On Thursday, the AI benchmark platform Arena.ai announced that Kimi had gone from number 17 in the “Frontend Code Arena” — a measure of an LLM’s ability to perform multi-s

Shutterstock / New Africa Months after China’s Intermediate People’s Court ruled against a company using AI to liquidate an employee’s position, the country’s highest judicial body has come out with another whopper: a massive crackdown on AI deepfakes. In a new ruling on Monday, China’s Supreme People’s Court — the top judicial organ in the country — issued new guidance on how judges in lower courts should handle civil issues arising from abuse of AI tools

Delta spent July dealing with backlash over what the airline company claims is widespread public confusion over its AI pricing system. Now, Delta has finally come forward to break down precisely how the AI pricing works to dispute what it claims are “incorrect” characterizations by consumer watchdogs, lawmakers, and media outlets. In a letter to lawmakers who accused Delta of using AI to spy on customers’ personal data in order to “jack up” prices, Delta i