News

Loyalty & Rewards
Chime Rolls Out Cash Back Rewards for Premium Membership Tier
September 09, 2025

Chime has begun rolling out a new Chime Card that includes 1.5% cash back rewards on rotating categories for Chime+ members. 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...

Investments
Small Door Raises $55M to Keep Pets Out of the Doghouse at the Vet
September 09, 2025

Watch more: Small Door Raises $55 Million to Keep Pets Out of the Doghouse at the Vet 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...

Artificial Intelligence
OpenAI Says AI Hallucinations Are Systemic, Not a Bug
September 09, 2025

Large language models don’t just make mistakes. They sometimes invent answers with striking confidence. A new paper from OpenAI researchers Adam Tauman Kalai, Ofir Nachum, and colleagues argues that these “hallucinations” are not mysterious glitches but predictable byproducts of the way today’s artificial intelligence (AI)...

IPO
Klarna May Raise IPO Price Amid High Demand for Shares
September 08, 2025

Klarna is reportedly guiding its initial public offering (IPO) pricing at the top end or above the marketing range amid strong demand for shares from investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
StubHub Sets $851 Million Target With Relaunched IPO
September 08, 2025

Ticket reseller StubHub says it aims to raise up to $851 million when it goes public. 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...

Investments
Cognition Raises $400 Million to Bolster AI Agent Efforts
September 08, 2025

Artificial intelligence (AI) software code generation firm Cognition is now a $10 billion company. 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...

Artificial Intelligence
Qualcomm and Google Cloud to Help Automakers Deploy AI Agents
September 08, 2025

Qualcomm Technologies and Google Cloud have partnered to provide automakers with tools they can use to add artificial intelligence (AI) agents to their vehicles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Databricks Raises $1 Billion to Create Agentic Infrastructure
September 08, 2025

Data analytics firm Databricks is closing a $1 billion Series K funding round that values it at over $100 billion, up from $62 billion at the beginning of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
OpenAI Aims to Take AI-Made Film to Cannes
September 08, 2025

OpenAI is reportedly getting into the movie business. 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, you agree...