News

Artificial Intelligence
How AI Agents Usher in Smarter Automation for Enterprises
January 27, 2025

Much of today’s business operations are already automated. Think of processing payroll, software updates and data backup and recovery, among many others. These fall under Robotic Process Automation, or RPA. It is software that automates repetitive tasks based on predefined if-this-then-that rules. RPA is like...

Artificial Intelligence
1X Acquires Kind Humanoid to Accelerate Development of Humanoid Robots
January 27, 2025

Humanoid robotics firm 1X has acquired robotics startup Kind Humanoid, saying the move unites two teams who aim to advance humanoid technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Retailers Embrace the Power of Hyper-Personalization
January 27, 2025

In today’s retail environment, hyper-personalized customer experiences are essential for driving digital engagement and customer loyalty. With concerns over fraud and the need to stay competitive, retailers are focusing on tailored interactions to improve customer satisfaction and retention. Get the Full Story Complete the form...

Artificial Intelligence
DeepSeek Open-Source Model Could Shake Up Enterprise AI
January 27, 2025

Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it could be overpaying for this emerging technology. Google, Microsoft and Amazon shares are also down....

Banking
Fifth Third Bank Brings Back Early Tax Refund Service for Customers
January 27, 2025

Fifth Third Bank is giving taxpayers a financial head start, offering its customers the ability to access their tax refunds up to five days earlier than standard IRS processing times at no extra cost. Get the Full Story Complete the form to unlock this article...

Investments
Reid Hoffman-Backed Manas AI Raises $24.6 Million for Cancer Drug Development
January 27, 2025

LinkedIn founder Reid Hoffman and oncologist Siddhartha Mukherjee raised $24.6 million in a seed round to launch an artificial intelligence startup focused on drug development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Starbucks Outlaws Lounging Without Buying as Sales Slip
January 27, 2025

The days of hanging out at Starbucks without purchasing anything are apparently over. 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...

Artificial Intelligence
Why Is Silicon Valley Spending a Fortune on AI Data Centers?
January 27, 2025

This week, President Donald Trump and a small group of tech executives — OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison — announced Stargate, a four-year, $500 billion project to build data centers and other artificial intelligence (AI) infrastructure in...

Artificial Intelligence
Chinese AI Firm DeepSeek Deep-Sixes US Tech Stocks
January 27, 2025

Tech stocks plunged Monday (Jan. 27) following a new AI model from China’s 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 our daily newsletter, PYMNTS Today....