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...
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...
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...
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,...
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...
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...
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....
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...
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...