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
OpenAI Readies GPT-5.6 Launch as White House Lifts Restriction Request
July 08, 2026

OpenAI will publicly launch its GPT-5.6 Sol, Terra and Luna models Thursday (July 9) after initially limiting their release at the request of the U.S. government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
SpaceX Debuts Expanded Version of Grok AI Model
July 08, 2026

SpaceX has introduced a new AI model created in tandem with AI coding startup Cursor. 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
Banks Are Racing Into AI Faster Than Security Can Follow
July 07, 2026

The Model Context Protocol, or MCP, is an open standard introduced by Anthropic in late 2024 that lets artificial intelligence (AI) agents connect to business systems the way applications call application programming interfaces (APIs) using a common interface instead a custom-built connection for each tool,...

Artificial Intelligence
BlackRock Says Hyperscalers Need Private Credit to Fund AI Boom
July 07, 2026

Companies building artificial intelligence infrastructure will increasingly seek financing from private credit, Jean Boivin, head of the BlackRock Investment Institute, said Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Anthropic Launches Mobile Access for Claude Cowork
July 07, 2026

Anthropic has begun making its agentic experience, Claude Cowork, available on mobile and web in beta for members of its Max plan and expects to expand that access to other plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Microsoft Quietly Shifts Thousands of Office Prompts to In-House AI
July 07, 2026

Microsoft has begun using its own MAI artificial intelligence models rather than those of OpenAI and Anthropicto complete prompts in its spreadsheet and email applications, Excel and Outlook, Bloomberg reported Tuesday (July 7), citing unnamed sources. Get the Full Story Complete the form to unlock...

Artificial Intelligence
China Weighs Blocking Foreign Access to Top AI Models
July 07, 2026

China is reportedly considering a ban on overseas access to its most advanced artificial intelligence (AI) models. 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
Consumers Won’t Buy Robots. They’ll Rent Them
July 07, 2026

Consumers have not bought robots the way they buy phones or appliances. The price is too high, the use cases too narrow and the technology too early to justify a household capital expenditure that could run tens of thousands of dollars. Retail prices start around...

Artificial Intelligence
Bipartisan AI Bill Is Getting Preempted by Bipartisan Resistance
July 07, 2026

Efforts to enact comprehensive federal artificial intelligence (AI) regulations keep getting preempted. In the most recent example, a bipartisan discussion draft of the Great American Artificial Intelligence Act is encountering opposition from both Democrats and Republicans, underscoring how disagreement over federal preemption of state AI...