News

Artificial Intelligence
Anthropic Accuses Alibaba of Running 29 Million Fake Queries to Clone Claude
June 26, 2026

Training a frontier artificial intelligence (AI) model costs billions of dollars and years of research. Reproducing much of its behavior can cost a fraction of that, if you have access to enough of its outputs. That gap is what makes model distillation, a technique that...

Artificial Intelligence
OpenAI Restricts Access to Latest AI Models at US Government Request
June 26, 2026

OpenAI said Friday (June 26) that it is limiting the release of its new GPT-5.6 series artificial intelligence (AI) models to a small group of trusted partners at the request of the U.S. government. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
AI-Generated Fake Receipts Now Make Up 71% of Expense Fraud
June 26, 2026

Four in 10 U.S. employees have used artificial intelligence to generate a fake expense receipt, according to a survey released Tuesday (June 23) by expense management platform Emburse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Quantifind Secures $200 Million to Scale AI-Native Risk Intelligence Platform
June 26, 2026

Quantifind has secured a $200 million growth investment to accelerate the international expansion of its artificial intelligence (AI)-native risk intelligence platform for financial crime prevention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Big Tech Is Rewriting Procurement. The Rest of B2B Is Next
June 26, 2026

Corporate procurement has long been measured by one simple question: Did you negotiate the lowest price? 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...

Payments Innovation
Firms Discover AI’s Limit Is Infrastructure
June 26, 2026

Watch more: What’s Next in Payments With Maverick Payments’ Ben Griefer 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...

Retail
Walmart Wants to Turn the Living Room Into a Storefront
June 26, 2026

Amazon and Walmart are spending this week is summer sale mode. Amazon’s four-day Prime Day runs June 23 through June 26, while Walmart Deals started a day earlier and ends two days later. U.S. online spending across retailers reached $8.3 billion on Prime Day’s first day, up 5.3% from...

IPO
OpenAI Weighs Delay of IPO as Tech Stock Volatility Rattles Advisers
June 25, 2026

OpenAI is considering delaying its initial public offering until 2027 due to recent volatility in tech stocks, Bloomberg reported Thursday (June 25), citing a paywalled article by The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Google Tells News Publishers to Share Content for AI Training or Lose Fees
June 25, 2026

Google is asking news publishers who join a pilot program in which “AI-powered article overviews” are shared in Google News and the Gemini AI chatbot to also give the tech giant broad rights on how it uses their content, The Information reported Thursday (June 25),...