Rent the Runway appointed its chief commercial officer and Nordstrom veteran, Paige Thomas, as CEO, president and member of the board of directors, the company said in a Friday (Sept. 11) press release. Get the Full Story Complete the form to unlock this article and...
Five years ago, GPU maker Nvidia participated in just one venture funding round worth $100 million or more. 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...
Electric vehicle manufacturer Rivian automated one of the more tedious jobs in corporate finance: tracking how much to set aside for custom manufacturing tools it has ordered but not yet received a bill for. Get the Full Story Complete the form to unlock this article...
MoonPay has acquired Rhythm, an on-chain trading signals platform, to promote the adoption of online trading, MoonPay said in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The AFL-CIO Tech Institute, a think tank established in 2021 by the AFL-CIO labor union, is calling on policymakers to ban the use of electronic shelf labels (ESLs) in grocery stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
OpenAI launched ChatGPT for Financial Services Thursday (Sept. 10), according to an announcement on its website. The product is a tailored version of ChatGPT Work, built with Morgan Stanley and Evercore as design partners. It runs on GPT-6 Astra, OpenAI’s newest model, and combines it...
The next frontier of know your business (KYB) may have surprisingly little to do with knowing whether a business exists. Instead, the governance and operational advantage is shifting to how a business has changed since Firm A last engaged with Firm B, or C or...
OpenAI CEO Sam Altman told employees in a company-wide meeting that the firm is considering slowing down its development of cutting-edge artificial intelligence, Bloomberg reported Friday (Sept. 11), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ask a veteran factory technician how to fix a machine that’s acting up, and the answer might sound less like an engineering manual and more like folklore: if it smells like this, hit it three times on the left side and it comes back to...