Sequoia Capital is reportedly preparing to contribute to a multibillion-dollar funding round for Anthropic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
President Donald Trump is set to unveil an emergency plan Friday (Jan. 16) that would make data center owners, not households, cover the cost of new power plants as electricity demand surges. Get the Full Story Complete the form to unlock this article and enjoy...
According to the World Economic Forum’s Cyber Risk in 2026 outlook, artificial intelligence (AI) is expected to be the most consequential factor shaping cybersecurity strategies this year, cited by 94% of surveyed executives as a force multiplier for both defense and offense. Get the Full...
The historical link between capability and operating expense in artificial intelligence (AI) is beginning to fracture. Previously, as AI models get smarter, the cost to run them scaled at a near-prohibitive clip, where every simple customer query triggers the full computational weight of a massive...
OpenAI is reportedly lining up suppliers to support a major product expansion over the next few years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Alibaba has added agentic and payments capabilities to its consumer-facing artificial intelligence (AI) app Qwen App. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
OpenAI will integrate 750 megawatts of ultra-low latency compute from chipmaker Cerebras to accelerate the response time of its artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Consumer spending and the investments in artificial intelligence (AI) and electrical infrastructure have kept the United States economy strong, and they are expected to continue to do so, Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, said Wednesday (Jan. 14). Get the Full...
Procurement functions are rapidly shifting from manual, paper-based workflows to artificial intelligence-driven systems that speed execution and surface deeper commercial insights. According to research quoted by Oracle, AI can reduce the time to complete common procurement tasks like processing contracts or purchase orders by up...
