News

Artificial Intelligence
Thinking Machines Lab Seeks $1 Billion at $40 Billion Valuation
September 03, 2026

Thinking Machines Lab, the artificial intelligence startup led by former OpenAI Chief Technology Officer Mira Murati, is in talks to raise at least $1 billion at a valuation of at least $40 billion, The Information reported Thursday (Sept. 3). Get the Full Story Complete the...

Retail
Tariffs Are Making Retailers Rethink How Much Choice They Give Shoppers
September 03, 2026

Retailers are discovering that in a world of tariffs, supply chain uncertainty and cautious consumers, more choice can come with a surprisingly high price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Banks Rewrite Their BaaS Strategies Around Deposits and Fees
September 03, 2026

Embedded finance can bring banks deposits, fee income and assets generated through somebody else’s distribution. Earnings results showed banks don’t all want the same mix. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Anthropic Debuts Commerce Agent Blueprint With Visa and Mastercard
September 03, 2026

Anthropic, the artificial intelligence company behind Claude, launched a blueprint Wednesday (Sept. 2) that hands retailers prebuilt code for two commerce agent, the company said in its announcement. A shopping agent searches a catalog, compares products and builds a cart for the customer. A merchant...

Investments
Diameter Pay Raises $10 Million to Expand Stablecoin Payments Infrastructure
September 03, 2026

Diameter Pay has reportedly raised $10 million in a Series A funding round as the stablecoin payments infrastructure provider looks to expand its banking, payments and digital asset capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Google Brings Conversational AI Search to Gmail
September 03, 2026

Google is giving Gmail users a way to avoid manually searching their inbox, according to a Thursday (Sept. 3) company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Nscale Inks $3.5 Billion Deal With Robotics Firm Figure
September 03, 2026

Artificial intelligence cloud company Nscale has signed a major, multi-year agreement with humanoid robotics developer Figure. 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....

Banking
MoneyLion Founder Gets $25M From a16z for OpenReserve Digital Bank
September 03, 2026

FinTech company OpenReserve has gotten conditional approval for a U.S. banking charter. 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...

Banking
Revolut Gets Conditional OCC OK for US Banking Charter
September 03, 2026

U.K.-based FinTech Revolut is one step closer to launching its American banking business. 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...