News

News
Bilt Expands Hospitality Offering to Include Travel Advisers
August 09, 2026

Bilt is expanding its hospitality operating system to include a platform for travel advisers. 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...

Artificial Intelligence
OpenAI Picks Up AI Presentation Creator NextSlide
August 09, 2026

OpenAI has acquired NextSlide, a startup that uses artificial intelligence to help workers develop presentations. 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,...

Artificial Intelligence
Singapore Pledges to Use AI to Protect Workers’ Jobs
August 09, 2026

Singapore is benefiting from the rapid growth of artificial intelligence. Its prime minister wants to make sure its people are as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Cursor Brand Name May Not Survive SpaceX Acquisition
August 09, 2026

SpaceX’s acquisition of AI coding startup Cursor could be completed in the coming days. 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...

Artificial Intelligence
OpenAI Halts New Model Rollout Due to Security Worries
August 09, 2026

OpenAI is pausing internal activity related to a new artificial intelligence model due to security concerns. 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...

Investments
Harvey Targets $15.5 Billion Valuation as Revenue Surges Past $350 Million
August 07, 2026

Legal artificial intelligence (AI) startup Harvey is in talks to raise $500 million at a $15.5 billion valuation, including the investment, The Information reported Friday (Aug. 7), citing an unnamed source. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
AI Is Bringing Retailers Their Best Customers but Not Closing the Sale
August 07, 2026

Retailers this quarter are reporting where artificial intelligence has actually changed how consumers shop, and where it has not. 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...

Retail
QVC Group Emerges From Bankruptcy With $600 Million Asset-Backed Facility
August 07, 2026

QVC Group, the live social shopping company whose brands include QVC and HSN, emerged from bankruptcy with its debt reduced by more than $5 billion, access to a new $600 million asset-based lending facility, and new leadership, the company said in a Thursday (Aug. 6)...

Artificial Intelligence
EU, California Converge on AI Transparency Rules, Shifting Focus to Enterprise Governance
August 07, 2026

A striking convergence is emerging between two of the world’s most influential artificial intelligence (AI) regulatory regimes. Although developed independently and under different legal frameworks, the European Union’s AI Act and California’s AI Transparency Act are arriving at a similar conclusion: organizations must move beyond...