Saks Global is reportedly weighing two competing offers of bankruptcy financing packages as it prepares to file for bankruptcy. 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...
Brazilian FinTech Agibank reportedly may postpone a planned initial public offering (IPO) in the United States after Brazil’s social security system suspended one of the firm’s main businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For the past several years, the AI boom has been inseparable from a race in cloud capacity. Training large models and running inference at scale drove unprecedented capital expenditures across hyperscalers, reinforcing the idea that bigger models required bigger data centers. A growing body of...
Chinese artificial intelligence (AI) company MiniMax reportedly raised $619 million in its Hong Kong initial public offering (IPO) on Friday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Allianz plans to deploy artificial intelligence (AI) throughout its insurance business around the world with the help of Anthropic. 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...
Rain raised $250 million in a Series C funding round to scale its infrastructure for stablecoin payments and add new capabilities and products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
B2B platforms are discovering that embedded finance is becoming less a feature add-on and more a structural lever for how they grow revenue, deepen customer relationships and compete at scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
New York State Attorney General Letitia James said Thursday (Jan. 8) that she demanded information from Instacart about its use of algorithmic pricing and price-setting experiments and that she warned the company that it may be violating the state’s law. Get the Full Story Complete...
Artificial intelligence (AI) hyperscaler Nscale reportedly aims to raise $2 billion in a funding round. 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,...
