News

Artificial Intelligence
OpenAI Considers Raising More Capital to Meet AI Demand
May 15, 2026

OpenAI may raise more capital, Chief Financial Officer Sarah Friar said Friday (May 15), about six weeks after the company closed a funding round in which it raised $122 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Hana Bank Buys $672.5 Million Stake in Upbit Owner
May 15, 2026

South Korean bank Hana Bank plans to buy a $672.5 million stake in Dunamu, the operator of the Upbit cryptocurrency exchange, The Wall Street Journal reported Thursday (May 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Anthropic’s Valuation Nears $1 Trillion as Investors Race to Back AI Revenue Surge
May 15, 2026

Anthropic is closing in on a $1 trillion valuation, and the speed of the deal tells you everything about where investor confidence in the artificial intelligence sector now sits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Walmart Tells Flipkart to Shelve IPO Plans, Focus on Profitability
May 15, 2026

Walmart tapped the brakes on Flipkart’s long-anticipated public market debut. 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...

Artificial Intelligence
Banks Discover AI’s Best Trick Is Boring
May 15, 2026

Artificial intelligence got its start by hitting customer-facing home runs. For financial services, the technology appeared poised at first to stay there. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Chase Opens 18 Branches in May Amid Multibillion-Dollar Expansion
May 14, 2026

By the end of May, Chase will have opened 18 new branches this month and 52 new branches this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fintech Investments
Saudi FinTech Stitch Raises $25 Million to Replace Fragmented Bank Cores
May 14, 2026

Saudi Arabia-based Stitch raised $25 million in a Series A funding round to grow its operating system for modern financial institutions. 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
Fiserv and OpenAI Bring Frontier AI to Banks
May 14, 2026

Fiserv has announced an agentic artificial intelligence (AI) operating system designed for banking and a collaboration with OpenAI to put frontier AI to work for financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Martha Stewart Wants AI to Run Your Home
May 14, 2026

Martha Stewart has spent decades telling Americans how to take care of their homes. Now she wants artificial intelligence to do it for them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...