artificial intelligence

artificial intelligence
Report: Alibaba to Release Upgraded Qwen 3 AI Model in Late April
April 01, 2025

Alibaba Group Holding reportedly plans to release an upgraded version of its flagship AI model, Qwen 3, later this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

artificial intelligence
AI Startups: Google DeepMind CEO’s Startup Raises $600 Million
April 01, 2025

The drug development artificial intelligence (AI) startup founded by Google DeepMind co-founder and CEO Demis Hassabis has raised $600 million in its first external funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

artificial intelligence
SoftBank Reportedly Aims to Borrow $16 Billion for AI ‘Stargate’
April 01, 2025

SoftBank is reportedly seeking up to $16.5 in financing for the so-called “Stargate” AI project. 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
Information Firms Lead in GenAI ROI, With 65% Reporting Positive Results
April 01, 2025

While the buzz around generative artificial intelligence (GenAI) continues to captivate boardrooms, a new analysis reveals a divergence in its financial impact across industries. In short: some sectors reap substantial returns while others lag despite significant adoption. The latest report from PYMNTS, “Generative AI’s ROI...

artificial intelligence
Covision Media Raises $5.4 Million for 3D Scanners Used in eCommerce
March 31, 2025

Covision Media raised €5 million (about $5.4 million) in a funding round to continue developing its technology for 3D scanning and artificial intelligence (AI)-powered 3D content creation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

artificial intelligence
Report: Half of OpenAI’s Pending $40 Billion Funding Round Depends on Restructuring
March 31, 2025

Twenty billion dollars in funding is reportedly riding on OpenAI’s efforts to restructure into an independent for-profit company. 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...

artificial intelligence
AI’s Dual Nature: Reasoning Models Emerge as Key Differentiator for Business
March 31, 2025

People who have used ChatGPT know what generative AI is: They type or speak a prompt, and the chatbot generates an answer, whether it is text, an image, a video, a piece of code, music or 3D content. Get the Full Story Complete the form...

artificial intelligence
Amazon Unveils AI Agent That Can Shop and Place Orders
March 31, 2025

Amazon launched an AI agent on Monday (March 31) that can use a web browser to do things like shop for products and services on behalf of users. It can even place the order for you. Get the Full Story Complete the form to unlock...

artificial intelligence
Perplexity CEO: Company Is Not Seeing Financial Strain
March 31, 2025

The CEO of artificial intelligence (AI) firm Perplexity says there’s no truth to speculation that his company is struggling. 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...