The artificial intelligence industry is causing a shortage of memory chips needed by the smartphone industry even as AI features become part of the latest mobile devices, Bloomberg News reported Monday (March 2). Get the Full Story Complete the form to unlock this article and...
Artificial intelligence (AI) agents are moving beyond simple automation to ease the human bottleneck across finance and enterprise workflows. Led by Sphinx Labs’ $7.1 million seed round and Basis’ new $1.15 billion valuation, startups are deploying autonomous systems that operate like digital employees. Get the...
Mastercard and Santander completed Europe’s first live end-to-end payment using an artificial intelligence agent, according to a Monday (March 2) news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
AT&T boosted the efficiency of its internal Ask AT&T personal assistant by reworking the orchestration layer and shifting more of the work from large language models (LLMs) to small language models (SLMs), VentureBeat reported Thursday (Feb. 26). Get the Full Story Complete the form to...
Project Prometheus, an artificial intelligence lab co-founded by Amazon founder Jeff Bezos and former Google executive Vikram Bajaj, is raising “tens of billions of dollars” to buy businesses disrupted by AI and then use the technology to improve their margins, the Financial Times reported Thursday...
Watch more: What’s Next in Payments With FIS’ Mladen Vladic 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...
Several banks are testing the use of agentic artificial intelligence to boost the efficiency of their systems for monitoring trading and spotting potential misconduct, Bloomberg News reported Wednesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A White House economist said a report that warned of potential risks to the economy posed by artificial intelligence (AI) “violates some of the basic accounting in economics,” Bloomberg reported Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy...
Enterprise software contracts were built for tools. Agentic artificial intelligence (AI) is forcing lawyers and procurement teams to rethink them for AI systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
