🚀 Visa announced a new $100 million initiative to invest in generative AI related to commerce and payments. Basic moments:
- The investment will be led by Visa Ventures, which has been supporting innovation in payments and commerce since 2007.
- Generative AI can create different types of content, including text, images, audio and synthetic data.
- Visa was one of the first companies to use AI in payments in 1993, using AI-based technologies to manage risk and combat fraud.
- The company is also actively investing in cryptocurrency technologies in payments.
- The investment will be led by Visa Ventures, which has been supporting innovation in payments and commerce since 2007.
- Generative AI can create different types of content, including text, images, audio and synthetic data.
- Visa was one of the first companies to use AI in payments in 1993, using AI-based technologies to manage risk and combat fraud.
- The company is also actively investing in cryptocurrency technologies in payments.