Mmastodon BusinessBanking first seen 4 h ago, last 16 min ago, peak #4
American Express bets on in-house AI as rivals adopt frontier models
Original: With payment companies embracing frontier model makers' agentic artificial intelligence to enhance pitches to business c
Payment companies are increasingly adopting agentic artificial intelligence from frontier model makers to sharpen their pitches to business clients. American Express, however, is taking a different route, leaning on internal development to build its AI capabilities and compete with rivals that are buying in outside technology. The report highlights a strategic split in the payments industry over whether to partner with AI labs or build proprietary systems in-house.
Why now: Payments firms are actively choosing between buying frontier AI tools and building their own, and Amex's in-house stance stands out.
American Expressfrontier AI model makerspayments industry
Rank over time, top of the chart is #1. 8 snapshots from 4 h ago to 16 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/656382