News

Investments
Month-Old AI Startup Mistral Raises $113 Million
June 14, 2023

French startup Mistral AI has reportedly raised a record $113 million in seed funding. 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...

Payment Methods
Stripe’s Gaybrick on Rethinking the Internet’s Economic Value and Managing Money in the Cloud  
June 14, 2023

Merchants and online platforms have a user interface problem. 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,...

News
Why We Should Be Optimistic About the Future of AI
June 14, 2023

Does the hyper rapid rise of artificial intelligence (AI) signal the end of the world? 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....

Retail
Hill Hearing Spotlights Retail Theft’s Wide-Ranging Impact on Merchants, Communities 
June 13, 2023

Call it the silent killer — of merchants’ bottom lines. 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...

Fintech Investments
Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
June 13, 2023

Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Google and OpenAI Disagree on Government Oversight of AI
June 13, 2023

Major players in the burgeoning generative AI sector, Google and OpenAI, have markedly different views about regulatory oversight of the world-changing technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
June 13, 2023

Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC reported Tuesday (June 13). Get the Full Story Complete the form to unlock this article...

Banking
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...