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
AI Models and Tools: OpenAI’s Debuts ‘Cost-Efficient’ Model as Mistral Upgrades
February 06, 2025

OpenAI has released what it calls its “most cost-efficient” reasoning artificial intelligence (AI) model, the o3-mini. The model is part of OpenAI’s o1 series, which can reason through tasks but takes longer to respond than non-reasoning models. Compared to OpenAI’s GPT (LLM) series, reasoning models...

Artificial Intelligence
DeepSeek Restricts Access as AI Model Balloons in Popularity
February 06, 2025

DeepSeek’s artificial intelligence model is reportedly too popular for its own good. 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...

Artificial Intelligence
DeepSeek Faces Ban on US Government Devices
February 06, 2025

U.S. lawmakers are set to introduce legislation outlawing DeepSeek’s AI chatbot on government devices. 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...

Artificial Intelligence
AI Startup News: SoftBank, Google and a New Startup Fund
February 05, 2025

SoftBank reportedly is leading a $500 million investment round in Skild AI, a startup developing general intelligence for robots that can be adapted to perform different tasks. Typically, robots are trained to do limited tasks. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Why This Payments CEO Decided to Become Chief AI Officer Instead
February 05, 2025

For most executives, the CEO title represents the pinnacle of corporate leadership. But for one payments and spend management industry leader, the future of business demands a different title: Chief Artificial Intelligence (AI) Officer. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Musk vs OpenAI Suit Could Be Headed for Trial
February 04, 2025

A federal judge has ruled that Elon Musk’s suit against OpenAI might proceed to trial. 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
UK Warns of AI Startups Leaving Due to Capital Shortfalls, Regulatory Complexity
February 04, 2025

Promising artificial intelligence (AI) startups created in the U.K. are at risk of leaving for other countries like the U.S. due to lack of adequate capital, regulatory complexity and differences in culture, according to a British government committee report. Get the Full Story Complete the...

Artificial Intelligence
Open-Source vs Proprietary AI: Which Should Businesses Choose?
February 04, 2025

When deploying generative artificial intelligence (AI), one of the most fundamental decisions businesses face is whether to choose open-source or proprietary AI models — or aim for a hybrid of the two. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
EU Readies New AI Restrictions Despite Trump Pushback
February 04, 2025

European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. 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....