News

Artificial Intelligence
The $25 Billion Fleet Breakdown Problem Finally Has a Fix
June 04, 2026

A typical commercial truck generates more than 25,000 data points daily from onboard sensors. Until recently, most of that data sat unused. Fleet managers learned about problems when trucks stopped moving, not before. That’s the gap a wave of artificial intelligence (AI) investment is now...

Artificial Intelligence
Anthropic President Says Training Costs Drive AI Companies Toward Public Market
June 04, 2026

The cost of training AI models is driving companies like Anthropic to go public, Anthropic Co-Founder and President Daniela Amodei said Thursday (June 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
EU Procurement Standards Show Vendor Lock-In Is Growing B2B Liability
June 04, 2026

Government tech procurement has mostly come down to price, performance and who could land the contract fastest. The EU just signaled that era is ending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Supabase Raises $500 Million as AI Agents Spark Database Explosion
June 04, 2026

Supabase raised $500 million in a Series F funding round to scale its open source Postgres development platform and grow its share of agentic infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Citi Used AI to Shrink a 60-Minute Document Review to 15 Minutes
June 04, 2026

Banks have spent years launching artificial intelligence (AI) chatbots and virtual assistants. Citigroup’s latest deployment is less visible and more valuable: an AI document-processing system that compresses account opening review time from over an hour to 15 minutes. Get the Full Story Complete the form...

Loyalty & Rewards
Fanatics Brings Rewards Program to Its Prediction Market
June 04, 2026

Last year, Fanatics introduced its first prediction market and its first loyalty program. 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....

Retail
Gopuff Adds AI Shopping Assistant That Predicts Next Grocery Order
June 04, 2026

Gopuff has added an artificial intelligence (AI)-powered “personal shopping genius” called Go to its instant commerce app. 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...

Retail
Amazon and Walmart Compete to Shape What Shoppers Buy Next
June 04, 2026

Bigger is better, and faster is best. 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 agree...

Artificial Intelligence
Meta Eyes $200-Per-Month Price Tag for Hatch AI Agent
June 04, 2026

Meta is weighing an up to $200-per-month subscription for its consumer artificial intelligence agent, The Information reported Wednesday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....