Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
Artificial Intelligence
New York Bill Would Raise AI Safety Regulations
October 30, 2026

One year after passing the landmark RAISE Act, a pair of New York lawmakers want the state to double down. State Sen. Andrew Gounardes of Brooklyn and Assemblymember Jordan Wright of Harlem introduced a bill on Thursday (Oct. 29) to build on the earlier AI...

Artificial Intelligence
Easol Secures $30 Million to Scale AI Tools for Experience Businesses
October 30, 2026

Easol raised $30 million in a Series A extension funding round to continue scaling its experience commerce platform designed for festivals, wellness retreats, sports, adventure and location-based entertainment venues, the company said in a Wednesday (Oct. 28) press release. Easol’s extension funding round includes $20...

Artificial Intelligence
Alphabet Loses $500 Billion in Market Value as AI Threatens Google Search
October 29, 2026

Google parent company Alphabet saw its stock price drop 13%, and its market value lose $500 billion Thursday (Oct. 29), marking the stock’s worst day ever, the Wall Street Journal reported Thursday. The drop followed Alphabet’s release of its quarterly results on Wednesday (Oct. 28), which stoked investors’ fears about...

Artificial Intelligence
Google Tops AI Smarts Ranking as OpenAI Slashes Prices
October 29, 2026

Google may have finally caught up with its archrivals. Its new Gemini 4 Carbon model ranks first on the Artificial Analysis Intelligence Index, an independent scorecard that had OpenAI and Anthropic ahead for most of the year. OpenAI answered on price, halving the cost of...

Artificial Intelligence
Mistral Touts Cyber Capabilities of Its ‘Chonk’ AI Model
October 29, 2026

Mistral released an updated version of its Large 4 artificial intelligence model, saying in a Thursday (Oct. 29) announcement that it comes with improved coding and cybersecurity capabilities. The model builds on a version released in public preview earlier this month, the French startup said...

Artificial Intelligence
Cohere Raises $5 Billion for Alternative AI Vision
October 29, 2026

Canadian artificial intelligence company Cohere said in a Thursday (Oct. 29) company blog post that it rejects what it called “frontier fatalism.” That’s its term for the belief that AI will be monopolized by a handful of United States and Chinese tech giants. To offer...

Artificial Intelligence
Amazon Adds 100-Plus Capabilities to Alexa for Shopping
October 29, 2026

Amazon has introduced several new capabilities for its Alexa for Shopping artificial intelligence assistant. “Our vision for Alexa for Shopping is to make every part of shopping as convenient as possible,” Rajiv Mehta, Amazon’s vice president of conversational shopping, said in an announcement Thursday (Oct. 29). “Alexa for Shopping...

Artificial Intelligence
Unilever Cuts Order Processing to 90 Seconds With AI Agents
October 29, 2026

About 2 million of Unilever’s roughly 20 million annual orders still arrive as emails, PDFs, spreadsheets and photos of paper forms, and each one used to take a person 15 to 20 minutes to key in. A system of five AI agents called NOVA now...

Artificial Intelligence
Google’s AI Exposure Exceeds the $1 Trillion It Reported
October 29, 2026

Google parent Alphabet has said demand for cloud services is rapidly increasing, citing growth in unfulfilled contracts. However, a Bloomberg News report Thursday (Oct. 29) points to a quarterly filing from the tech giant saying that upwards of a third of that quarterly growth stems from a joint venture that...