News

Artificial Intelligence
Perplexity AI Gains Traction by Understanding Business Needs
June 03, 2025

Perplexity AI, once a scrappy startup in the shadow of OpenAI and Google, is gaining traction in the generative artificial intelligence (GenAI) race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Auto Sales Return to Normal After Two-Month ‘Tariff Surge’
June 03, 2025

Auto sales reportedly returned to a normal level in May after spiking for two months when consumers sought to make purchases before new tariffs set in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Remittance Tax Critics Warn of Unintended Consequences
June 03, 2025

The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have a significant impact on the remittance industry — and perhaps some unintended consequences. Get the Full Story Complete the form...

Artificial Intelligence
OpenAI Aims to Develop and Distribute ‘Super-Assistant’
June 03, 2025

OpenAI reportedly plans to turn ChatGPT into a “super-assistant” that is personalized to each user and available to them via the chatbot’s website, the company’s native apps, phone, email and third-party resources like Apple’s Siri. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
How Lidl Used GenAI to Fuel a Viral Grocery Marketing Campaign
June 03, 2025

Grocery giant Lidl France, in collaboration with creative agency Marcel Worldwide, turned to generative artificial intelligence (GenAI) to power a viral marketing campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
AI Pioneer Yoshua Bengio Launches Nonprofit to Develop Safe AI
June 03, 2025

An artificial intelligence (AI) pioneer who has been vocal about the risks of AI has launched a nonprofit focused on developing safe AI systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Intuit Updates GenOS for Agentic AI Experiences for Its 100 Million Users
June 03, 2025

Intuit Inc., the financial technology company behind products like TurboTax, QuickBooks and Mailchimp, has announced enhancements to its proprietary Generative Artificial Intelligence (AI) Operating System (GenOS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
AI Startups: Music Labels Push for Licensing Deals With Suno, Udio
June 03, 2025

Major record labels are reportedly in talks with AI music startups Suno and Udio to set up licensing agreements for songs used to train their generative artificial intelligence (AI) models — and how artists are compensated for subsequent remixes. Get the Full Story Complete the...

Investments
FinTech OatFi Raises $24 Million for B2B Embedded Financing Platform
June 03, 2025

OatFi said it has raised $24 million in a Series A round to build a B2B credit network. 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...