After two years of testing, McDonald’s has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to change the fast-food ordering process by replacing human workers with voice-activated chatbots, had been a closely watched experiment in the...
Constructor has raised $25 million in a Series B funding round to support the further product development and international expansion of its artificial intelligence (AI)-powered product discovery and search platform for enterprise eCommerce companies. Get the Full Story Complete the form to unlock this article...
With older consumers — those with the most cash to burn — proving to be more loyal than their younger counterparts, brands that can win their affinity have the opportunity to create longer-term, more valuable relationships. Get the Full Story Complete the form to unlock...
Amazon and Microsoft are reportedly investing billions in India’s artificial intelligence (AI) efforts. 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...
The Synapse bankruptcy saga continues to rock the BaaS world, marked by last week’s revelation of $85 million in missing funds. The plot thickened last week when former CEO Sankaet Pathak disclosed in bankruptcy court that funds were commingled, leaving the task of determining rightful...
The race to develop advanced artificial intelligence (AI) agents — autonomous AI systems designed to perform complex tasks and interact with the digital world on behalf of users — is heating up. For example, San Francisco-based Zeta Labs raised $2.9 million in a pre-seed funding...
Apple’s artificial intelligence (AI) rollout will reportedly be a long, slow one. 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...
OpenAI’s days as a nonprofit company could be numbered. 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,...
As Father’s Day approaches, retailers are seizing on different paternal stereotypes to drive engagement and sales, from dad jokes to “dadcore” style to that tangle of unidentified, no-longer useful cables that so many dads seem to be unwilling to part with. Get the Full Story...