Voice AI company ElevenLabs is now reportedly one of the world’s most valuable artificial intelligence companies. That’s according to a report Wednesday (Sept. 30) from the Financial Times (FT), which said the startup reached this milestone when a share sale doubled its price tag to $22 billion. Investors and...
BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the German carmaker’s plans to reduce costs and speed development, The Wall Street Journal (WSJ) reported Wednesday (Sept. 30) from a BMW investor...
Tungsten Automation has introduced the accounts payable automation engine for its invoice-to-pay platform. The workflow automation company’s new InvoiceAgility+ is designed to use agentic artificial intelligence (AI) to provide end-to-end invoice-to-pay automation, combining things like global compliance and supplier connectivity into one solution, per a Wednesday...
Calls to regulate artificial intelligence have grown louder this year, including from inside the industry. The White House answered Tuesday (Sept. 29) with a pact that leaves the policing to the companies building the most powerful models. President Donald Trump and executives from Anthropic, OpenAI,...
OpenAI and Anthropic are reportedly facing a regulatory investigation over their tech’s safety. The investigation by the Federal Trade Commission (FTC) focuses on the potential dangers artificial intelligence (AI) poses to consumers, a senior commission official told Reuters Wednesday (Sept. 30). According to the report, this marks the first official U.S. regulatory...
Delaware’s first-in-the-nation proposal to create companies managed by artificial intelligence agents is confronting a new complication. Mounting evidence that AI agents do not always remain within the boundaries humans set for them is adding to skeptics’ doubts about the plan. The draft legislation, expected to...
Visa says it is giving $2 million to support organizations that support small businesses. That commitment from the Visa Foundation is aimed at entrepreneurial support organizations (ESOs) serving small businesses in the U.S., the company announced Wednesday (Sept. 30), opening the program to grant applications. Those grants are geared...
The first rule of online payments is to prove that the person trying to pay is allowed to do so. Artificial intelligence is forcing banks and payments networks to add another layer. Federal Reserve Gov. Christopher Waller said Tuesday (Sept. 29) that agentic commerce changes...
Corporate treasury technology has perennially been a visibility game. Banks, treasury management systems and FinTechs promised CFOs a better view of balances, payments, liquidity and forecasts. And the provider landscape did indeed provide that view. But better dashboards are becoming table stakes just as artificial...