artificial intelligence

artificial intelligence
Nvidia-Backed AI Cloud Startup Lambda Closes $275 Million Credit Facility
August 19, 2025

Artificial intelligence (AI) cloud startup Lambda said Tuesday (Aug. 19) that it has closed a $275 million senior secured credit facility, led and arranged by JPMorgan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

artificial intelligence
DeepSeek Releases New Version of Model Behind Its AI Chatbot
August 19, 2025

Chinese artificial intelligence startup DeepSeek has released a new version of the open-source AI model behind its controversial chatbot. 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...

artificial intelligence
Startup Brings Mathematical Precision to Amazon’s Gen AI
August 19, 2025

Generative artificial intelligence (AI) can astound with human-like conversation and research superpowers, but it can also be disastrously wrong. That unreliability is a major barrier to adoption as AI begins to control physical machines, payments and other high-stakes domains. Get the Full Story Complete the...

artificial intelligence
OpenAI Intros Low-Cost ChatGPT Plan in India
August 19, 2025

OpenAI has introduced a subscription ChatGPT plan for users in India priced at under $5. 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,...

artificial intelligence
Citi’s Rob Rowe Rejects Comparison of AI to Dot-Com Bubble
August 18, 2025

The adoption of artificial intelligence (AI) may go slower than some expect, as was the case with the internet around 2000, but in the meantime AI players are making money, Citi Managing Director Rob Rowe said Monday (Aug. 18). Get the Full Story Complete the...

artificial intelligence
AI Model Training vs Inference: Companies Face Surprise AI Usage Bills
August 18, 2025

When companies talk about adopting artificial intelligence (AI), most of the attention goes to the large language model such as OpenAI’s GPT-5 or Google’s Gemini 2.5. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

artificial intelligence
OpenAI Chief Sam Altman Cautions Against AI Bubble
August 18, 2025

OpenAI’s chief executive said the artificial intelligence (AI) market is in a bubble. 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....

artificial intelligence
Character.AI CEO Envisions Future With ‘AI Friends’
August 17, 2025

Would you count an AI among your list of friends?  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. By completing this...

artificial intelligence
ChatGPT Mobile App Revenue Increases Sixfold Since 2024
August 15, 2025

The ChatGPT mobile app is reportedly earning more than six times as much revenue as it did last year. 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...