State Farm customers and agents are reportedly unhappy with the insurer’s AI facelift. 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...
Federal securities regulators are exploring ways to encourage more companies to go public. 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....
Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers to a regulator if something goes wrong. General-purpose artificial intelligence (AI) models carry none of those obligations. They are not...
Bank of America has reportedly given OpenAI a $520 million line of credit ahead of its planned IPO. 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...
Mistral introduced its first artificial intelligence model built for “embodied navigation,” or enabling robots to autonomously move through complex environments, according to a Tuesday (July 7) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cryptocurrency-focused venture capital firm Paradigm raised $1.2 billion in a new fund to invest in spaces like artificial intelligence and robotics, Bloomberg News reported Wednesday (July 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Artificial intelligence (AI) agents have arrived, but who is using them across commerce? The software-driven autonomous transaction solutions are adding a new layer to the payments stack, but the marketplace remains split as to whether the momentum will gather around retail or wholesale use cases....
Allianz is planning to cut hundreds of jobs as it focuses on implementing artificial intelligence, Bloomberg News reported Wednesday (July 8), citing comments from CEO Tomas Kunzmann. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Retailers have treated self-checkout as an operational decision shaped by labor costs, consumer preferences and technology. Rhode Island may be setting a precedent and changing those calculations by making parts of the checkout experience a matter of state law. Get the Full Story Complete the...
