Bank of America has reportedly given OpenAI a $520 million line of credit ahead of its planned IPO. 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...
Mistral introduced its first artificial intelligence model built for “embodied navigation,” or enabling robots to autonomously move through complex environments, according to a Tuesday (July 7) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Artificial intelligence (AI) agents have arrived, but who is using them across commerce? The software-driven autonomous transaction solutions are adding a new layer to the payments stack, but the marketplace remains split as to whether the momentum will gather around retail or wholesale use cases....
Allianz is planning to cut hundreds of jobs as it focuses on implementing artificial intelligence, Bloomberg News reported Wednesday (July 8), citing comments from CEO Tomas Kunzmann. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
OpenAI will publicly launch its GPT-5.6 Sol, Terra and Luna models Thursday (July 9) after initially limiting their release at the request of the U.S. government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
SpaceX has introduced a new AI model created in tandem with AI coding startup Cursor. 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,...
The Model Context Protocol, or MCP, is an open standard introduced by Anthropic in late 2024 that lets artificial intelligence (AI) agents connect to business systems the way applications call application programming interfaces (APIs) using a common interface instead a custom-built connection for each tool,...
Companies building artificial intelligence infrastructure will increasingly seek financing from private credit, Jean Boivin, head of the BlackRock Investment Institute, said Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Anthropic has begun making its agentic experience, Claude Cowork, available on mobile and web in beta for members of its Max plan and expects to expand that access to other plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...