Voice artificial intelligence (AI) startup Wispr Flow is now a $2 billion company after raising $280 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...
The cost of querying an artificial intelligence (AI) model performing at GPT-3.5’s level fell from $20 per million tokens in November 2022 to $0.07 per million tokens by October 2024, an over-280-fold reduction in about two years, according to Stanford’s AI Index 2025 Report. Tokens...
Uber hopes to expand its U.S. delivery business by teaming with drone company Zipline. 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...
The United States is preparing to tell countries that they will be excluded from a U.S.-led artificial intelligence coalition if they join a Chinese-led one, Reuters reported Friday (Aug. 14), citing an unnamed U.S. official and a draft of a letter to members of the...
Artificial intelligence (AI) inference company Groq has raised $350 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....
Grocery retailer Albertsons Companies found that the customers who begin using its artificial intelligence-powered online shopping experience make larger purchases almost immediately, Jill Pavlovich, senior vice president of digital shopping experiences at Albertsons, told The Wall Street Journal in a report published Monday (Aug. 17)....
Stripe has reportedly finalized its bid to acquire OpenRouter, an artificial intelligence (AI) startup. 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...
AI video generation platform Higgsfield is now a $5.4 billion company. 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,...
For decades, the legal department was one of the last enterprise functions to adopt new technology at scale. The work was too nuanced, the stakes too high, and the profession too cautious. Generative AI changed the pace of experimentation. Agentic AI is changing the pace...