News

Artificial Intelligence
Alphabet Plans to Raise $80 Billion for AI Infrastructure
June 01, 2026

Alphabet plans to raise $80 billion in equity capital to expand its artificial intelligence infrastructure and compute and meet “unprecedented customer demand.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
SoftBank CEO Masayoshi Son Predicts AI Will Dwarf Dot-Com Boom
June 01, 2026

If the artificial intelligence sector experiences a market correction, it will soon bounce back, SoftBank CEO Masayoshi Son said Monday (June 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Can AI Prevent the Next Subway Delay?
June 01, 2026

New York City transit agencies are expanding artificial intelligence (AI) pilots aimed at detecting subway infrastructure problems before they cause delays, targeting a maintenance challenge that has persisted across one of the world’s most heavily used rail networks. Get the Full Story Complete the form...

Banking
Banks Look Beyond Lending as Margins Shrink
June 01, 2026

Banks have spent two years rebuilding their balance sheets. The FDIC’s latest numbers confirm it worked. 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...

Investments
Saris Raises $28 Million to Bring Agentic AI to Banking
June 01, 2026

Saris has raised $28.8 million for its agentic workflow platform for 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....

Artificial Intelligence
Walmart Curbs Employee AI Use as Demand Spikes
June 01, 2026

Walmart has reportedly limited employees’ artificial intelligence usage amid rising demand. 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...

IPO
Anthropic Sets Stage For Trillion-Dollar Stock Market Listing
June 01, 2026

Anthropic said it has confidentially filed for an initial public offering (IPO). 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...

Artificial Intelligence
Nvidia and Microsoft Bet the PC Can Beat the Cloud
June 01, 2026

For years, enterprise artificial intelligence has lived in the cloud. 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...

Artificial Intelligence
Anthropic Negotiates EU Access to Mythos
June 01, 2026

Anthropic and the European Union’s cybersecurity agency, ENISA, are in talks to allow ENISA to gain access to Anthropic’s artificial intelligence-powered cybersecurity tool, Mythos, the Financial Times reported Monday (June 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited...