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Artificial Intelligence
SoundHound Pays Off $100 Million Debt After Lender Agreement 
June 10, 2024

SoundHound AI has reached an agreement to prepay its $100 million debt in full. 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
AI Explained: Reinforcement Learning’s Profit Potential
June 10, 2024

In the world of commerce, businesses are always on the lookout for an edge, and reinforcement learning, a rapidly growing subfield of artificial intelligence (AI), may be the secret weapon they’ve been seeking. Get the Full Story Complete the form to unlock this article and...

Retail
Michael Kors Offers Customers Mastercard’s AI-Powered ‘Muse’
June 10, 2024

Fashion retailer Michael Kors adopted Mastercard’s artificial intelligence-powered shopping assistant. 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: Google’s in-House AI Development May Be Competitive Edge
June 10, 2024

Microsoft is reportedly effectively outsourcing its best AI research and development to OpenAI, a move that could have significant implications for the AI landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Apple Brands AI as ‘Apple Intelligence’
June 09, 2024

Artificial intelligence (AI) will have a starring role at Apple’s developer conference this week. 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...

Retail
Shopping Center Vacancies Hit Lowest Level in 20 Years
June 09, 2024

Don’t write any obituaries for the American shopping center just yet. 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...

Retail
Gen Z and Millennial Sock Shoppers Go Toe to Toe
June 08, 2024

It looks like there’s a generational paradigm shift in a key hosiery category — on platforms such as TikTok, viral videos depict a lighthearted sock war between millennials and Generation Z. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Silicon Valley on Edge as New AI Regulation Bill Advances in California
June 07, 2024

A new California legislative proposal, SB 1047, is sending ripples of concern through Silicon Valley. 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,...