When a truck breaks down on the highway, the repair bill is the smallest part of the problem. The delivery is late, the driver is stranded, the tow costs more than the fix and the customer is calling. Get the Full Story Complete the form...
Healthcare artificial intelligence (AI) company Commure announced Tuesday (May 19) that it has raised $70 million in new financing, achieving a post-money valuation of $7 billion. The Mountain View, California-based company said in a press release that the funding round was led by General Catalyst,...
Andrej Karpathy joined Anthropic, marking one of the highest-profile talent moves yet in the escalating competition among frontier artificial intelligence labs for elite research talent. Karpathy, a founding member of OpenAI and head of AI at Tesla, said he would join Anthropic’s pretraining team focused...
Financial technology company FIS has launched its Enterprise Risk Suite on Amazon Web Services (AWS). 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,...
Radar, an inventory management startup backed by American Eagle Outfitters CEO Jay Schottenstein, has reached a valuation of more than $1 billion following its latest funding round, CNBC reported on Tuesday (May 19). Get the Full Story Complete the form to unlock this article and...
Perpetuals.com Ltd. has launched an artificial intelligence (AI)-powered trading platform that allows users to submit trading strategies without risking their own money. This marks a new attempt to combine crowdsourced investing with algorithmic execution, Bloomberg reported Tuesday (May 19). Get the Full Story Complete the...
In 2021, IKEA had a customer service problem that it couldn’t automate away. 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....
Investment management-focused AI startup Moment has raised $78 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 this...
Every company says AI is a priority. Budgets are going up. Executive buy-in is strong. So why does scaling feel so hard for so many organizations? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
