Venture capital has never been more one-sided. In 2025, investors funneled nearly $193 billion into AI startups, the first time since the dot-com bubble that more than half of global VC dollars went to a single sector, according to PitchBook via Bloomberg. The surge is...
Amazon founder Jeff Bezos reportedly said Friday (Oct. 3) that the artificial intelligence boom is an “industrial bubble” rather than a “financial bubble,” meaning that even if the sector’s share prices collapse, the technology’s benefits will remain. Get the Full Story Complete the form to...
DualEntry emerged from stealth Friday (Oct. 3) and said it raised $90 million in a Series A funding round and a total of $100 million over the last 15 months for its artificial intelligence-native enterprise resource planning (ERP) software. Get the Full Story Complete the...
Bank of America Securities projects that ChatGPT will handle approximately 20 billion shopping-related messages in 2025, underscoring how deeply artificial intelligence (AI) is integrating into the commerce journey. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Coupa has added four new artificial intelligence agents to its spend management platform. 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 Today....
Global investment in artificial intelligence (AI) could exceed $2.8 trillion by 2029, according to Citigroup estimates reported by PYMNTS. Most of that money flows through a small group of companies that own the models, the cloud infrastructure, and the data pipelines. That concentration has fueled...
Generative AI is consuming money and attention at a pace no technology has matched before. Global infrastructure spending reached $235 billion in 2024, with forecasts of $2.8 trillion by 2029. More than 700 million people use ChatGPT each week, making it the fastest adoption curve in history....
Germany-based DeepL, which provides an artificial intelligence-powered translation platform, is reportedly considering an initial public offering in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Microsoft Chairman and CEO Satya Nadella is handing off some duties related to the company’s commercial business so that he and the firm’s engineering leaders can be “laser focused” on technical work related to artificial intelligence. Get the Full Story Complete the form to unlock...
