While some early adopters of Generative AI (GenAI) for procurement are seeing benefits, many organizations are experiencing ...

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Companies want to rapidly digitize procurement by exploiting emerging technologies like AI. However, traditional IT investment and adoption processes are often too slow and rigid. To overcome the ...

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The KLP private pension fund excluded the U.S.’s Oshkosh and Germany’s Thyssenkrupp from its portfolio, citing their sales of weapons to the Israeli military.

Anthropic didn't violate U.S. copyright law when the AI company used millions of legally purchased books to train its chatbot, judge rules.

Getty Images dropped its primary claims of copyright infringement against Stability AI on Wednesday at London’s High Court, narrowing one of the most closely watched legal fights over how AI ...

The judge also ruled fair use law allowed Anthropic to take purchased physical books and scan them into a digital “research library” that can be used to train its models.

Direct procurement Direct procurement refers to purchasing materials, components, or goods that are directly used in a company's end products or core services.

Direct procurement Direct procurement refers to purchasing materials, components, or goods that are directly used in a company's end products or core services.

In service industries, a catering company's food ingredients represent direct procurement since they are critical to the service delivered.

Direct procurement Direct procurement refers to purchasing materials, components, or goods that are directly used in a company's end products or core services.