As Congress returned from its summer recess last week, lawmakers proposed a series of artificial intelligence-related measures, including a ban on development of superintelligent AI systems and human review of health insurance decisions. Get the Full Story Complete the form to unlock this article and...
Anthropic’s revenue jumped to more than $11.5 billion in its second quarter, up from $787 million a year earlier, CNBC reported. That pace of growth is pushing the company to weigh a harder question than most startups face: keep renting its financial infrastructure or start...
Runway AI, a company building world models as well as platforms built on top of those models, has doubled its annual recurring revenue (ARR) since April, reaching $200 million, Co-Founder and Co-CEO Anastasis Germanidis said in a Tuesday (Sept. 8) post on LinkedIn. Get the...
Healthcare technology developer Forus raised $150 million in new funding, according to a Tuesday (Sept. 8) press release. 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...
Fifth Third Bancorp completed the technical and brand conversion of the Comerica franchise over the Labor Day weekend, the bank said in a Tuesday (Sept. 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Stablecoins have already proven they can move money across blockchain rails in seconds. The harder problem sits on either side of that transaction: what happens to the money before it moves, and where it goes once it lands. Get the Full Story Complete the form...
A merger between EverBank and WaFd pairs digital reach with a large branch network at a time when banks are finding value in customers who move readily between both. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
France-based artificial intelligence startup Mistral raised a record 3 billion euros (about $3.5 billion) in funding, according to a Tuesday (Sept. 8) company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Pinterest is best known as a place where people go to find ideas, from home décor to weeknight dinners. Behind that simple experience sits one of the most complex artificial intelligence systems in social media. Get the Full Story Complete the form to unlock this...