News

Artificial Intelligence
Puma Unveils AI-Designed Sneaker, Sparking Debate on the Future of Fashion Creativity
December 09, 2024

Artificial intelligence (AI) is rapidly reshaping how major fashion brands conceive and design products, highlighted by Puma’s release of a new AI-developed sneaker this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built decades ago. As in 1980, not 2010. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
RBC Debuts International, Multicurrency Trading Service for Investors
December 09, 2024

The Royal Bank of Canada (RBC) launched an online, multicurrency international trading offering. 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
IBM Says Optics Breakthrough Can Enhance AI Training
December 09, 2024

IBM said new optics technology research could improve how data centers train AI models. 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
OpenAI Launches Sora Turbo for Video Generation
December 09, 2024

OpenAI has officially released Sora Turbo, its artificial intelligence (AI)-powered text-to-video generation software, marking a new milestone in the landscape of AI content creation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
WaveForms Raises $40 Million for Voice AI Offering
December 09, 2024

A veteran of OpenAI’s voice assistant project reportedly launched a similar effort of his own. 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,...

Artificial Intelligence
Reddit Launches Test of AI-Powered Search Tool
December 09, 2024

Reddit has launched a test of an artificial intelligence (AI)-powered conversational interface designed to answer questions by providing information and recommendations based on conversations and communities across its social media platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
AI Explained: How Attention Mechanisms Took Over AI
December 09, 2024

In artificial intelligence, one breakthrough has quietly taken the spotlight: attention mechanisms. 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...

Cross-border Payments
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. 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,...