Banks keep their core systems because replacing them is costly and disruptive. Keeping them carries its own price. Employees work across fragmented applications, repeat manual steps and rely on expensive integrations. Fifty-two percent of financial institutions name legacy technology as an obstacle to real-time payments...
Chinese labs have led the open-weight artificial intelligence (AI) race for most of the year. This week, the U.S. stacked up its own entries, with Nvidia and Reflection releasing models built for enterprise work. DeepSeek and MiniMax responded with price cuts. Nvidia and Reflection Build...
Hotel franchising company Wyndham Hotels & Resorts offers artificial intelligence (AI) tools across the guest experience and has found that they improve franchisees’ top lines, reduce operating costs and enhance the guest experience, the company said in an investor presentation released Wednesday (Oct. 21). Wyndham’s network...
Imagine hiring a new employee who works around the clock, never takes a break and can place orders or move money on its own. Now imagine hiring that worker without checking references. That is roughly the risk companies take when they rush artificial intelligence agents...
Chinese artificial intelligence (AI) startup DeepSeek has raised $15 billion in its second private funding round and is accelerating plans for a Shanghai listing in early 2027, potentially reaching public markets before OpenAI. The financing nearly doubled its original target amid strong investor demand, The...
Artificial intelligence is making it easier for retailers to get discovered. It is doing considerably less to help them get paid. Data in the October 2026 edition of the Consumer AI Benchmark Report from PYMNTS Intelligence reveals that nearly 45% of consumers who use AI...
Anthropic has unveiled an app in which Claude works as a “proactive agent” on behalf of professionals and small business owners, including purchasing business supplies, the company said in a Wednesday (Oct. 21) announcement. In this app, Claude Duet, Claude comes to the user when...
Meta CEO Mark Zuckerberg has found a new centerpiece for the company’s artificial intelligence ambitions: Muse, a personal AI agent he is positioning as the foundation for everything from shopping and advertising to enterprise software and smart glasses. After earlier AI efforts struggled to establish...
Boeing wants airlines to catch mechanical problems before they ground a jet. The aircraft maker announced in a Tuesday (Oct. 20) press release the launch of Dataliner, an artificial intelligence-powered platform built with Microsoft that pulls an airline’s maintenance and fleet data into one view....