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Investments
Bidbus Raises $15 Million for Online Car-Selling Marketplace
July 07, 2026

Online auto sales marketplace Bidbus has raised $15 million in new funding. 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...

Artificial Intelligence
China Weighs Blocking Foreign Access to Top AI Models
July 07, 2026

China is reportedly considering a ban on overseas access to its most advanced 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 additional logins required. yesSubscribe to our...

Artificial Intelligence
Consumers Won’t Buy Robots. They’ll Rent Them
July 07, 2026

Consumers have not bought robots the way they buy phones or appliances. The price is too high, the use cases too narrow and the technology too early to justify a household capital expenditure that could run tens of thousands of dollars. Retail prices start around...

Artificial Intelligence
Bipartisan AI Bill Is Getting Preempted by Bipartisan Resistance
July 07, 2026

Efforts to enact comprehensive federal artificial intelligence (AI) regulations keep getting preempted. In the most recent example, a bipartisan discussion draft of the Great American Artificial Intelligence Act is encountering opposition from both Democrats and Republicans, underscoring how disagreement over federal preemption of state AI...

Payments Innovation
Three Strategies to Reduce Payments Friction Before Revenue Suffers
July 07, 2026

Payments friction has acquired a price tag. 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 form, you agree...

Artificial Intelligence
NScale Lands $900 Million Credit Facility for Global AI Infrastructure Push
July 07, 2026

Nscale, a full-stack artificial intelligence cloud platform, has closed a $900 million revolving credit facility to accelerate its AI data center build-out and capital deployment across the United States, Europe and the Asia-Pacific region. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Norm Raises $120 Million to Expand Legal-Focused AI Offering
July 07, 2026

Norm Ai, an artificial intelligence startup focused on the legal industry, raised $120 million. 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...

Cross-border Payments
Payment Disruptions Hit Saudi-UAE Financial Corridor
July 07, 2026

Bank transfers and electronic payments from Saudi Arabia to the United Arab Emirates are in some cases being blocked, while those going through other corridors are operating as usual, Bloomberg reported Tuesday (July 7), citing unnamed sources. Get the Full Story Complete the form to...

Artificial Intelligence
Alibaba Blocks Staff From Using Anthropic AI Amid Security Concerns
July 07, 2026

China’s eCommerce company Alibaba has reportedly barred employees from using Anthropic’s AI tools at work. 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,...