Generative artificial intelligence (AI) platform Typeface has been valued at $1 billion after raising $165 million. The funding includes $100 million from a Series B round with contributors including Salesforce Ventures and Google Ventures, part of an ongoing wave of Big Tech investment in AI,...
Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, is gearing up to establish its inaugural permanent stores in the coming year, as part of its expansion into both domestic and international retail markets. Its flagship store in Los Angeles...
When determining what’s worth buying and what isn’t, who wields the greatest influence over these fashion decisions? It’s the consumer. But the bridge between the consumer and the brand or retailer is, in fact, the influencer/creator. As per insights from LTK (previously known as Like...
We all shop online. That’s probably a safe bet to make these days, right? And while online shopping certainly has its pros, it also has its cons, and at times can never really compare to the real life, in-person experience. Solutions like augmented reality (AR) look...
A shaky economic landscape is no match for parents determined to discover back-to-school shopping bargains. That’s according to research released this week by commercial real estate/investment management firm JLL, showing that parents are projected to increase their spending on back-to-school items by 15.7% over last...
A federal lawsuit claims OpenAI trained its ChatGPT tool using millions of people’s stolen data. The suit, filed Wednesday (June 28) in U.S. District Court in San Francisco by the Clarkson law firm, accuses the multi-billion dollar artificial intelligence (AI) company of carrying out a...
The internet, as businesses commonly knew and used it, ended in 2022. The rise of generative artificial intelligence (AI) has reshaped the information ecosystem that firms previously operated within, creating a wealth of new opportunities — but also opening up the door to more threats...
In verticals as far-flung as logistics, construction and retail, payments are embedded into the mix more deeply than ever before. Hersh Mansukhani, vice president of platforms and embedded payments, Fiserv, told Karen Webster that payments have, essentially, become a product. They’re a part of the...
This next installment of PYMNTS’ miniseries on consumer behavior that became more widespread as a result of the pandemic focuses on healthcare monitoring technology. Wearables and other healthcare monitoring tech were just catching on when COVID-19 hit, and the crisis in many ways set the...
