Goldman Sachs is talking with potential investors about participating in Nvidia’s $500 billion artificial intelligence financing initiative that was announced Monday (Aug. 10), Reuters reported Friday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The fastest-growing job in enterprise AI is the forward-deployed engineer, the specialist companies hire to make the software actually work inside their walls. Decagon, a customer service artificial intelligence startup that crossed $100 million in annualized revenue three years after launching, thinks that job should...
Sports commerce has always clustered around the calendar, spiking for a tournament, a championship run or a merchandise drop. Between those peaks, the commercial relationship between a team and its fans goes dormant. Get the Full Story Complete the form to unlock this article and...
There’s a new nightmare scenario in enterprise cloud computing, and it’s not an AI-driven cyberattack. It’s a vendor simply going out of business and disappearing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumers are paying nearly 25% less for artificial intelligence models from leading U.S. labs than they were in mid-July, following price cuts announced by OpenAI and Anthropic, the Financial Times reported Friday (Aug. 14), citing data from Silicon Data. Get the Full Story Complete the...
OpenAI is now on pace to bring in annualized revenue of more than $40 billion, roughly double its run rate from the end of 2025. The jump gives the ChatGPT maker fresh momentum as it prepares to go public. For the banking, payments and FinTech...
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CFOs have stopped treating generative artificial intelligence returns as one date circled on the calendar. By December, 39.1% expected very positive returns within one to two years, even as 26.1% expected the payoff to take six years or longer. Get the Full Story Complete the...
Citi’s U.S. Consumer Cards business plans to expand its customer engagement and commerce media capabilities by acquiring Kard Financial, a commerce media and rewards platform for banks and FinTechs, Citi said in a Thursday (Aug. 13) press release. Get the Full Story Complete the form to unlock...