Virginia Gov. Abigail Spanberger ordered a statewide cybersecurity strategy to address threats from artificial intelligence, adding to states’ efforts to fill preparedness gaps left by the absence of comprehensive federal AI guardrails. Executive Directive 6, issued Friday (Oct. 23), instructs Virginia’s secretary of public safety...
Meta is planning to raise $95 billion to support its artificial intelligence (AI) efforts. The tech giant announced its fundraising plans Monday (Oct. 26), saying it planned to raise $35 billion in underwritten public equity offerings, before drumming up another $60 billion with an at-the-market program. “Meta’s planned...
Anthropic filed for a proposed initial public offering Monday (Oct. 26) without setting a price range. The artificial intelligence startup filed its Form S-1 with the Securities and Exchange Commission. Announcing the IPO filing in a press release, Anthropic said: “Anthropic intends to list its...
Commerce firms can often see a payment fail. The opportunity lies in what they can do next. The PYMNTS Intelligence report “How These Industries Are Turning Payments Failures Into Recovers,” the October edition of The Orchestration Advantage Series done in collaboration with Spreedly, found that commerce...
This week The Prompt Economy focuses on healthcare. It’s here that agentic AI is affecting payments, research, care protocols and the patient experience. It’s early days, but as you will see, progress is accelerating. So is identifying the pain points in healthcare and their solutions....
Corporate America has invested heavily in artificial intelligence in the last few years. So far, these efforts haven’t yielded much in the way of results, Apollo Global Management Chief Economist Torsten Slok wrote in a note Saturday (Oct. 24). “Despite massive investments and widespread hype around...
Food startup Wonder has reportedly set its sights on going public amid wider expansion plans. As CNBC reported Sunday (Oct. 25), the company is also eyeing an “aggressive” expansion in Texas and a subscription program that allows diners to operate their own “restaurants.” Launched in...
Payments company Block has introduced an artificial intelligence model trained solely using human conversation. Dessa, as the model is known, learned to hold real-time conversations just by listening, Block said in its announcement Friday (Oct. 23). “As far as we know, Dessa is the world’s...
Instacart has reportedly contacted its rivals about purchasing its grocery delivery platform. The company is considering a sale and has discussed a possible deal with Uber, The Information reported Friday (Oct. 23), citing sources with knowledge of the matter who said the talks with Uber...