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Artificial Intelligence
Adobe Debuts ‘Production Quality’ Video AI Offerings
February 12, 2025

Adobe has rolled out its new artificial intelligence (AI) video offering as it takes on the likes of OpenAI. 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...

Banking
JPMorgan Chase Begins About 1,000 Layoffs While Continuing to Hire
February 12, 2025

JPMorgan Chase reportedly began a round of layoffs that is expected to affect fewer than 1,000 employees. 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
AI Startups: Anthropic Nears OpenAI in Fundraises but Lags Far Behind in Adoption
February 12, 2025

Anthropic, the AI startup founded by former OpenAI engineers, is in talks to raise up to $2 billion for a valuation of $60 billion. The latest round would more than triple the artificial intelligence startup’s valuation from a year ago. Leading the round is Lightspeed...

Investments
Suger Raises $15 Million to Streamline Cloud Marketplace Sales Process
February 12, 2025

Suger raised $15 million in a Series A funding round to continue its R&D investments and add artificial intelligence (AI)-powered workflows aimed at streamlining the cloud marketplace sales process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Alibaba Reportedly Revitalized by China’s AI Fever
February 12, 2025

Interest in artificial intelligence (AI) has reportedly led to a turnaround for China’s Alibaba. 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....

Payment Methods
Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
February 12, 2025

Last year appears to have been a landmark one for peer-to-peer (P2P) payment app Zelle. 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...

B2B Payments
Corpay Introduces Multi-Currency Accounts to Help Businesses Manage Cross-Border Payments
February 12, 2025

Corporate payments company Corpay’s Cross-Border business has launched a new solution that enables companies to receive and pay out foreign currencies with an account in their name. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
82% of US Workforce Believes GenAI Boosts Productivity
February 12, 2025

Generative artificial intelligence (GenAI) is changing the way we work, and a new PYMNTS Intelligence report, “GenAI: A Generational Look At AI Usage And Attitudes,” reveals the complex and sometimes contradictory attitudes workers have toward this technology. Get the Full Story Complete the form to unlock...

Artificial Intelligence
AI Summit: EU, France to Invest $320 Billion in AI to Rival US, China
February 11, 2025

This week’s AI Action Summit in Paris — the artificial intelligence (AI) community’s equivalent of Davos — saw the Europeans act decidedly un-European. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...