It was probably one of those moments where you remember where you were when you heard it. Block announced Thursday (Feb. 26) that it will cut roughly 4,000 jobs, or close to 40% of its workforce, as part of a broad restructuring that CEO Jack...
Artificial intelligence pioneer Andrew Ng said the industry is decades away from developing artificial general intelligence (AGI). 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...
OpenAI on Friday (Feb. 27) confirmed it has raised $110 billion in new funding from Amazon, Nvidia and SoftBank, in one of the largest private capital raises in technology history, as the company moves to secure the compute and infrastructure needed to scale advanced AI...
Artificial intelligence (AI) in the service of agentic commerce searches for products, compares prices, negotiates terms and, in some cases with agents, executes transactions on behalf of individuals and businesses. Payment approvals, merchant onboarding and recurring bill pay are increasingly embedded in automated decision loops....
The corporate front desk and the internal help desk are becoming faster, smarter and always on. New data from RingCentral and ServiceNow shows AI systems handling inbound calls and resolving IT tickets at scale. Get the Full Story Complete the form to unlock this article...
Artificial intelligence (AI) in education is often framed through the lens of risk. But new data from Anthropic suggests a more nuanced reality: students and educators are not simply using AI tools; they are developing measurable skills in how to collaborate with them. Get the...
Amazon’s proposed $50 billion investment in OpenAI reportedly has some conditions attached. 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...
Perplexity AI introduced Computer, a new product designed to complete complex assignments with limited human supervision, and it sets up a clear contrast with a fast-growing open-source rival known as OpenClaw. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Criminals are using artificial intelligence in combination with websites, social media and other tools to carry out scams and other malicious operations, OpenAI said Wednesday (Feb. 25) in its latest threat report. Get the Full Story Complete the form to unlock this article and enjoy...
