New York Gov. Kathy Hochul has launched a sweeping effort to reduce regulatory burdens across state government, pairing a broad review of existing rules with the use of artificial intelligence (AI) to identify opportunities for streamlining. The initiative, which the administration describes as the largest...
Retailers have always known what customers bought. They have rarely known what customers almost bought. 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,...
South Korean memory chipmaker SK hynix raised $26.5 billion in its U.S. market debut Friday (July 10), completing the largest-ever U.S. listing by a foreign company, the Financial Times reported Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Trump administration’s recent restrictions on access to the most advanced U.S. artificial intelligence models are accelerating enterprise interest in open-source alternatives, including rapidly improving models developed in China. The trend underscores how government controls on frontier AI could reshape competition in the global AI...
Cursor, which has offered coding-focused tools since its founding in 2022, is developing a general-purpose AI agent that would compete with Anthropic’s Cowork and OpenAI’s ChatGPT Work, The Information reported Thursday (July 9), citing unnamed sources. Get the Full Story Complete the form to unlock...
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Enterprise artificial intelligence promises nearly as many different business outcomes as there are businesses themselves. It comes as little surprise, then, that the AI race inside enterprise technology is already starting to split along sector lines. Get the Full Story Complete the form to unlock...
Fidji Simo is stepping down from her role as CEO of Applications at OpenAI and transitioning to being a part-time adviser due to a chronic medical condition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Voice AI model builder Gradium has announced that an extension of its seed financing brought its funding to $100 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....
