News

Artificial Intelligence
Sequoia Bets on AI Apps, Nvidia Chips in High Demand, Oracle Cloud Grows
September 12, 2024

Sequoia Capital, Nvidia and Oracle are all in on artificial intelligence this week. From VC investments in AI applications to skyrocketing demand for AI chips and cloud services, industry leaders are repositioning themselves for an AI-powered future that promises to reshape how we work and...

Retail
Holiday eCommerce Sales Projected to Rise Despite Inflation
September 12, 2024

A new report suggests Americans will slow their holiday spending this year compared to 2023. 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
AI’s Language Leaps May Speak to Business Frontier’s Shift
September 12, 2024

New research is shedding light on how artificial intelligence language models handle multiple languages, a capability with potential implications for global commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Neobank Bunq Aims to Expand Headcount by 72%
September 12, 2024

Dutch neobank Bunq is reportedly launching a hiring spree as it aims to expand. 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
New AI Applications Aim to Unlock Equity to Break Real Estate Gridlock
September 12, 2024

The U.S. housing market has been in a state of gridlock for the past few years. 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...

Banking
57% of Americans Trust Financial Institutions to Protect Their Data
September 12, 2024

Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance financial services. Recent U.S. regulatory developments may pave the way for increased adoption, particularly for real-time payments. Get the Full...

Artificial Intelligence
Connectly Raises $20 Million to Build Conversational Commerce Tools
September 11, 2024

Conversational commerce startup Connectly has raised $20 million in funding. 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
Report: OpenAI Seeking $150 Billion Valuation in Funding Round
September 11, 2024

OpenAI reportedly aims to raise $6.5 billion from investors at a valuation of $150 billion. 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...

Banking
Report: EQT Looks to Sell Majority Stake in Banking Circle
September 11, 2024

Private equity firm EQT is reportedly looking to sell its majority stake in payments processor Banking Circle. 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,...