News

Investments
Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
December 02, 2024

Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. 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...

Artificial Intelligence
AI Explained: The Fine Art of AI Optimization
December 02, 2024

Major technology companies are racing to shrink their artificial intelligence (AI) systems as mounting computing costs push them to rethink how they build and deploy their most advanced programs. This efficiency drive marks a significant shift in the industry, where the focus is moving from...

Artificial Intelligence
AWS CEO: Companies Zero In on Most Valuable AI Applications
December 02, 2024

Two years into the generative artificial intelligence (AI) boom, CEOs and chief information officers are looking to focus on the use cases that deliver the best return on investment, Amazon Web Services (AWS) CEO Matt Garman told The Wall Street Journal (WSJ). Get the Full...

Investments
Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech
December 02, 2024

AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. 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....

Artificial Intelligence
OpenAI Reportedly Weighing Ad Revenue Model in Addition to AI Products
December 02, 2024

Will OpenAI combine advertising with its artificial intelligence (AI) offerings? 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...

Retail
Whole Foods Courts New Customers With Smaller-Footprint ‘Daily Shop’
December 02, 2024

When it comes to attracting new customers, Whole Foods Market is apparently thinking small. 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...

News
Black Friday Spending Approaches $11 Billion Fueled by eCommerce
December 02, 2024

Black Friday shoppers spent a record $10.8 billion this year, primarily via online purchases. 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
B2B Payments Enter a New Era of Innovation and Transformation
December 02, 2024

Now that the B2B Payments: Outlook 2030 event has been recorded, published and analyzed, it’s time to review its content and revisit some of its high points. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
AI Gives Account Analysis a 21st Century Makeover
December 02, 2024

There’s a change underway in treasury management at financial institutions. 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...