The historical link between capability and operating expense in artificial intelligence (AI) is beginning to fracture. Previously, as AI models get smarter, the cost to run them scaled at a near-prohibitive clip, where every simple customer query triggers the full computational weight of a massive...
BlackRock has raised $12.5 billion in its artificial intelligence partnership with Microsoft, Bloomberg reported Thursday (Jan. 15), citing commentary from the company’s fourth-quarter 2025 earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
OpenAI is reportedly lining up suppliers to support a major product expansion over the next few years. 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...
Alibaba has added agentic and payments capabilities to its consumer-facing artificial intelligence (AI) app Qwen App. 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...
Visa, Mastercard and Revolut lost a fight over a proposed transaction fee cap in the United Kingdom. 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...
The retail landscape is officially closer to 2050 than it is 2000. That is redefining the traditional roles of Amazon and Walmart as both seek to compete, win, and push the boundaries of innovation across retail and commerce. Get the Full Story Complete the form...
A group of central and commercial banks are reportedly stepping up testing of the Agora cross-border payments project. 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...
One of the U.S. payments industry’s unfulfilled promises is that bank-to-bank transfers would one day loosen the grip of cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
OpenAI will integrate 750 megawatts of ultra-low latency compute from chipmaker Cerebras to accelerate the response time of its artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...