(source: business.gov.au)
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Before PepsiCo spends money physically expanding a plant, it builds a digital twin of that plant first. Using Siemens’ Digital Twin Composer and running on Nvidia’s Omniverse platform, PepsiCo recreates every machine, conveyor, pallet route and operator path inside a facility. Artificial intelligence (AI) agents...
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Robot factories have been a next-generation manufacturing narrative since before color TV. It’s a simple vision of the future: machines replace workers and manufacturing sites become “dark factories,” operating without lights because no human workers would be present. But that future never arrived, and it...
Two developments this week, one in artificial intelligence (AI) and the other in financial services, underscore a reality confronting businesses across industries. Their technological capability is advancing faster than the economic models needed to support large-scale adoption. AI startup Anthropic paused a planned move to token- and...
On the same day Philippe Aghion was named a Nobel laureate for economics Monday (Oct. 13), it’s worth revisiting a playbook he and two co-authors published in PYMNTS’ sister outlet, the CPI Antitrust Chronicle, back in May, a case for “competition-friendly” industrial policy. Aghion’s message,...
March 7, 1947 – September 13, 2025 The payments and retail industries didn’t transform on their own. They had catalysts. The people bold enough to see the future before others could. Don Kingsborough was one of them. His career was a series of innovation milestones. As President...
Watch more: FIS: Customer Retention Emerges as Key Growth Strategy Amid Uncertainty Rising capital costs, tighter regulatory scrutiny and fragmented global trade are battering the business environment. It’s against this backdrop that financial technology companies are under pressure to do something counterintuitive: grow without spending....
Welcome to the second half of 2025. Quite a ride so far, and as it continues, we wanted to take stock of the chief executives that offer perspective on the trends, challenges and opportunities shaping global finance. In the first half of 2025, PYMNTS has...