News

Investments
Glean Raises $260 Million to Expand Work AI Platform
September 10, 2024

Glean has raised $260 million in a Series E funding round to accelerate its artificial intelligence (AI) innovation, customer acquisition and global expansion of its Work AI platform for enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
AI Takes the Wheel in Travel Planning
September 10, 2024

Artificial intelligence is reshaping the travel industry, with Greece introducing an AI-powered travel assistant named Pythia and Google showcasing its Gemini AI system at an industry event in Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Delivery
Instacart Aims to Cement Online Grocery Presence by Converting Casual Users Into Regulars
September 10, 2024

Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.”...

Retail
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
September 09, 2024

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots’ business model, but also...

Investments
Atomico Raises $1.24 Billion to Invest in European Technology Companies
September 09, 2024

Atomico raised $1.24 billion for two funds to invest in European technology companies. 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....

B2B Payments
Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
September 09, 2024

In today’s uncertain operating environment, every dollar counts. 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...

News
AI Expands Worker Capabilities, But Human Oversight Remains Key
September 09, 2024

Generative artificial intelligence (AI) is expanding workers’ capabilities far beyond their current skill sets, but experts warn that human oversight remains crucial to ensure quality and avoid pitfalls. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Finally Raises $200 Million to Bolster Small Business Finance Suite
September 09, 2024

Finance and human resources suite finally has raised $200 million in new 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...

Artificial Intelligence
Commerce Department Proposes Mandatory Reporting Requirements for AI Firms
September 09, 2024

The Commerce Department’s Bureau of Industry and Security (BIS) aims to require the world’s leading artificial intelligence (AI) developers and cloud providers to provide detailed reporting to the federal government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...