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
State Farm Bets on AI to Take Back Number One
June 17, 2026

State Farm is rebuilding its agent model around artificial intelligence after losing a title it held since World War II. 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
SpaceX Bets $60 Billion on AI It Couldn’t Build
June 17, 2026

SpaceX completed the biggest initial public offering (IPO) in history this month on a pitch built around rockets and satellites. Days later, it spent $60 billion on an artificial intelligence coding startup. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Connecticut Requires AI Companies to Disclose Subscription Limits
June 17, 2026

Connecticut has passed a law requiring artificial intelligence (AI) subscription providers to disclose usage caps, feature restrictions, and any discretion to reduce service quality before a customer pays. It takes effect Oct. 1. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
OpenAI Ran Through $3.7 Billion in Q1 2026
June 17, 2026

OpenAI burned $3.7 billion during the first three months of 2026, The Information reported Tuesday (June 16). 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...

Artificial Intelligence
WorkWhile Targets the $20 Billion Labor Economy Scheduling Gap
June 17, 2026

Explore more conversations like this on the PYMNTS Podcast page 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 form,...

Artificial Intelligence
Commerce Department Threatened Anthropic With Criminal Charges Over AI Models
June 16, 2026

In the letter that led Anthropic to suspend access to its Fable 5 and Mythos 5 artificial intelligence models on Friday (June 12), Commerce Secretary Howard Lutnick ordered the company not to give foreign nationals anywhere in the world access to the models without a...

Artificial Intelligence
Wonder’s Robot Cooks Circles Around Every Human on the Line
June 16, 2026

One machine can make 500 burrito bowls, salads and poke bowls an hour. A human worker makes roughly 30 to 45. That gap is the business case Marc Lore is building Wonder around. Fortune reported that Lore unveiled the system recently. A turntable spins each...

Artificial Intelligence
OpenAI Readies Deployment of ChatGPT for 3 Million Pentagon Personnel
June 16, 2026

OpenAI’s ChatGPT is set to be available through the Pentagon’s generative artificial intelligence (AI) platform, GenAI.mil, in early July, Nextgov/FCW reported Tuesday (June 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Nvidia Wants Telecom to Run the Robotic Future
June 16, 2026

Robots navigating factory floors, drones inspecting power lines, and autonomous vehicles reading traffic all share the same constraint: They need to act in milliseconds. Sending data to a distant computing facility and waiting for a response takes too long. For machines operating in the physical...