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Investments
Report: Figure Aims to Raise $1.5 Billion for Humanoid Robots
February 14, 2025

Figure is reportedly in talks with investors to raise $1.5 billion for its work in developing humanoid robots. 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...

Investments
E-Money Markets Raises Pre-Seed Funding to Build White-Labeled FX Solution
February 14, 2025

London-based startup E-Money Markets raised 700,000 pounds (about $882,000) in pre-seed funding to build a white-labeled foreign exchange solution. 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...

Artificial Intelligence
Divided Picture Emerges on Tech and Enterprise AI Spend
February 14, 2025

Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Google DeepMind CEO Demis Hassabis ‘Calm and Confident’ About AI Strategy
February 14, 2025

Google DeepMind CEO Demis Hassabis reportedly told employees Wednesday (Feb. 12) that he is not worried about DeepSeek. 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...

Cross-border Payments
Shein and Temu Aim to Move Production to Avoid US Tariffs
February 14, 2025

Amid uncertainty around U.S. tariffs, Shein and Temu are reportedly working with their suppliers to move production out of China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Walmart Lags eCommerce While Amazon Laps Mobile Shopping
February 14, 2025

As the battle for eCommerce dominance intensifies, Walmart is making strides in expanding its online presence. The retail giant has elevated its digital sales and profits, cementing eCommerce as a core element of its strategy. But despite these gains, Walmart still faces a daunting challenge:...

Fintech Investments
Upstart and Affirm Rally, BILL Plummets on Earnings as FinTech IPO Index Adds 2.4%
February 14, 2025

The past five days of stock market trading have been whipsawed by the latest inflation report, speculation over whether or not the Fed will stand pat on interest rates, and of course, the continuing inflow of earnings reports, though the pace of those quarterly disclosures...

Artificial Intelligence
60% of Consumers Use Voice Assistants
February 14, 2025

Younger generations are drawn to the rise of generative artificial intelligence (GenAI) technology. At the same time, excitement around voice assistants, once heralded as the next big thing, is cooling off. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Report: Anthropic Set to Launch Hybrid AI Model With Variable Reasoning Levels
February 13, 2025

Anthropic reportedly plans to launch within weeks a hybrid artificial intelligence (AI) model that includes reasoning capabilities. 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...