Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
Artificial Intelligence
OpenAI Cuts Prices on Select Models to Make High-Volume Work Economical
July 30, 2026

OpenAI has cut the price of GPT-5.6 Luna by 80%, cut the price of GPT-5.6 Terra by 20% and provided faster performance of GPT-5.6 Sol in the API while leaving its price unchanged, effective Thursday (July 30). Get the Full Story Complete the form to...

Artificial Intelligence
Amex GBT Lets Claude Book Corporate Travel
July 30, 2026

American Express Global Business Travel (Amex GBT) has launched an agentic integration in Anthropic’s artificial intelligence assistant, Claude, that enables both travelers and enterprise AI agents to book and manage policy-compliant air and hotel transactions within the tool. Get the Full Story Complete the form...

Artificial Intelligence
Simile Raises $200 Million for AI Digital Twin Service
July 30, 2026

Simile raised $200 million for its artificial intelligence product that can simulate and predict human behavior, according to a Thursday (July 30) company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Silicon Valley’s AI Giants Go Shopping Off Their Turf
July 30, 2026

A coding company just bought a texting agent. An image generator bought a horoscope app. If you had “Midjourney acquires astrology startup” on your artificial intelligence bingo card this year, congratulations; nobody did. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
State AGs Expand AI Enforcement Using Traditional Consumer Protection Laws
July 30, 2026

State attorneys general are relying on long-standing consumer protection, licensing, privacy and advertising laws in lieu of new artificial intelligence-specific statutes to police AI products marketed as substitutes for traditionally regulated professions. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Kaon Uses AI to Build a Different Video Story for Every Viewer
July 30, 2026

Most consumer apps run on the same logic. An algorithm scans what already exists and serves the user the closest match. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Martha Stewart-Founded Hint Launches AI-Powered Homeownership App
July 29, 2026

An artificial intelligence (AI)-powered homeownership platform co-founded by Martha Stewart launched in the United States Wednesday (July 29). 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...

Artificial Intelligence
Chow Tai Fook Arms 24,000 Workers With AI
July 29, 2026

Jewelry retailer Chow Tai Fook has deployed more than 400 artificial intelligence agents to support more than 24,000 employees, and none of them talk to customers directly. Sales associates use the system, called AI Fook, to pull product details, check inventory and generate recommendations in...

Artificial Intelligence
Sam Altman Voices Support for Federal AI Guardrails During DC Visit
July 29, 2026

OpenAI CEO Sam Altman met with U.S. lawmakers Wednesday (July 29) and told reporters later that he supports federal artificial intelligence legislation, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...