News

Artificial Intelligence
Quantum-Powered AI Knocking on the Enterprise Business Door
August 26, 2024

Technical innovations are often overinterpreted in the short term and underestimated in the long term. 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,...

Retail
Instacart Product Chief Says Grocery’s Future Is All About the AI-Powered ‘Personal Planogram’
August 26, 2024

One hundred years ago, the grocery shopper was just trying out the new concept of chain stores like Piggly Wiggly, A&P and King Kullen. She would visit one of these chains with sawdust on the floor and handwritten price tags for items like sirloin steak...

Retail
Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
August 26, 2024

As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
OpenAI Taps Ex-Meta Exec to Lead Strategic Initiatives
August 25, 2024

OpenAI has reportedly named former Meta executive Irina Kofman to oversee the company’s strategic initiatives. 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
Nvidia’s Profits Projected to Surge Amid Ongoing AI Adoption
August 25, 2024

Nvidia is expected to show another jump in profits this week thanks to ongoing artificial intelligence (AI) adoption. 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...

Banking
Prize-Linked Neobank PrizePool Shutters App Ahead of Acquisition
August 25, 2024

 Neobank PrizePool is reportedly shutting down its consumer app amid an acquisition. 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...

Retail
Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
August 24, 2024

As Starbucks struggles with comparable sales declines, the coffeehouse giant is evidently asking, “Maybe the Pumpkin Spice Latte will fix it?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Report: Swiggy to Seek $15 Billion Valuation in IPO
August 23, 2024

Indian food delivery company Swiggy is reportedly planning to launch one of the country’s biggest initial public offerings (IPOs) of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation’
August 23, 2024

European Union (EU) regulations impacting artificial intelligence (AI) may deny the region’s businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek wrote in a joint statement released Friday (Aug. 23). Get the Full Story Complete the...