Irish-founded payments platform Stripe has announced a new collaboration with artificial intelligence (AI) chip maker NVIDIA.
Stripe said it will advance AI at the company and help improve fraud detection for its customers.
"NVIDIA is one of the companies we most admire: they set the standard for innovation, long-term time horizons, and speed. We're excited to deepen our long-standing partnership," said Patrick Collison, Stripe cofounder and CEO.
"As the folks at NVIDIA know well, the current pace of change means there’s enormous untapped potential to improve global access to cutting-edge AI technology," Mr Collison said.
Jensen Huang, founder and CEO of NVIDIA, said that enterprises around the world are racing to incorporate the value of AI into their everyday business operations.
"Stripe was an early pioneer of NVIDIA’s AI platform and now is an industry leader enabling businesses worldwide to use AI to develop new engines for growth," Mr Huang said.
For much of its history, Stripe has relied on NVIDIA’s accelerated computing platform to train its machine learning models.
Stripe Radar uses NVIDIA’s AI platform to help improve the speed and accuracy of fraud detection.
Earlier this year, Stripe unveiled Radar Assistant, an AI-powered feature that allows businesses to use natural language prompts to describe new fraud rules they’d like to set.
