QuickBooks maker Intuit has announced plans to acquire Series A revenue management company Sequence. The deal, announced Thursday (Oct. 15), is designed to add new revenue management capabilities to Intuit’s financial intelligence system and boost its mid-market offerings. The company says it is not disclosing terms of the acquisition....
Retail’s next great efficiency breakthrough may come with an invoice addressed to someone else. As Walmart pushes robotics deeper into its distribution network, and Amazon brings artificial intelligence into consumers’ everyday conversations with new product launches across its Bee wearable line, the two retail giants are...
In 2025, OpenAI earned nearly $3 of revenue for every dollar Anthropic did. Nine months later, Anthropic booked more in a single quarter than it did in all of last year, and it told investors it did so at a profit. That is the case...
Cross River Bank now offers Ripple’s U.S. dollar-backed stablecoin, Ripple USD (RLUSD), through its Core Operating System, Cross River said in a Thursday (Oct. 15) press release. This integration establishes RLUSD as an additional payment rail on Cross River’s platform, in the same environment as...
Eight states have sued OpenAI in their respective state courts, alleging the tech giant failed to implement sufficient safeguards to protect vulnerable users, including children and the elderly. The coordinated lawsuits mark an escalation in the battle by state authorities to impose guardrails on artificial...
Corporate cash has become one of banking’s most consequential bargaining chips. The third-quarter earnings season is offering chief financial officers a glimpse of what financial institutions are willing to provide to keep it. Third-quarter results from JPMorganChase, Citigroup and Bank of America suggested that the...
Last year, Amazon entered the wearables space by acquiring artificial intelligence-powered bracelet maker Bee. Now, the tech giant says it is taking its Bee line beyond just wearable items, with a pair of new products announced Thursday (Oct. 15). Rather than being worn, the Bee Eclipse is a device...
AI startup Cohere says it plans to acquire AISLE, a company developing autonomous systems to find and repair vulnerabilities in critical software. The deal is happening at a time when security “is becoming the defining challenge of enterprise AI,” Cohere said in announcing the proposed acquisition Thursday (Oct. 15). “As...
A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct. 15) outlining proper practices for adopting artificial intelligence (AI). “As adoption expands in scale and sophistication, AI may also amplify...