Dots raised $8.9 million in a Series A funding round to continue expanding the capabilities of its global payouts platform for marketplaces and service-based businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Burger King has equipped managers and employees with an artificial intelligence-powered tool called BK Assistant. 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,...
It was probably one of those moments where you remember where you were when you heard it. Block announced Thursday (Feb. 26) that it will cut roughly 4,000 jobs, or close to 40% of its workforce, as part of a broad restructuring that CEO Jack...
Artificial intelligence pioneer Andrew Ng said the industry is decades away from developing artificial general intelligence (AGI). 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...
Trade finance has a dirty secret. While containers can be tracked in real time across the world’s oceans, the documentation required to release those goods often moves at the speed of courier envelopes and manual approvals. Get the Full Story Complete the form to unlock...
OpenAI on Friday (Feb. 27) confirmed it has raised $110 billion in new funding from Amazon, Nvidia and SoftBank, in one of the largest private capital raises in technology history, as the company moves to secure the compute and infrastructure needed to scale advanced AI...
Project Prometheus, an artificial intelligence lab co-founded by Amazon founder Jeff Bezos and former Google executive Vikram Bajaj, is raising “tens of billions of dollars” to buy businesses disrupted by AI and then use the technology to improve their margins, the Financial Times reported Thursday...
Artificial intelligence (AI) in the service of agentic commerce searches for products, compares prices, negotiates terms and, in some cases with agents, executes transactions on behalf of individuals and businesses. Payment approvals, merchant onboarding and recurring bill pay are increasingly embedded in automated decision loops....
The corporate front desk and the internal help desk are becoming faster, smarter and always on. New data from RingCentral and ServiceNow shows AI systems handling inbound calls and resolving IT tickets at scale. Get the Full Story Complete the form to unlock this article...
