Anthropic is in talks to acquire Decart AI, a startup that makes chips work more efficiently to reduce the cost of training and operating artificial intelligence, for $6 billion, Bloomberg reported Thursday (Aug. 13), citing unnamed sources. Get the Full Story Complete the form to...
American Express is expanding the availability of virtual cards for businesses, as more companies use digital payments to manage expenses and reduce fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Trade finance is stuck in a paradox. The world has plenty of goods to trade, but financing them safely keeps getting harder. That gap is now FinTechs’ opening to challenge banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The White House is reportedly preparing to bring powerful open-weight AI models into its voluntary pre-release cybersecurity testing framework, a move that could narrow a gap that had started to matter for banks, payment firms and merchants choosing among artificial intelligence vendors. Get the Full Story Complete...
FinTech startup Navi is preparing to launch its initial public offering in India and will seek a valuation of as much as $2 billion, Bloomberg reported Thursday (Aug. 13), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...
Merchants and partners using the Maverick Payments platform can now access Findustry AI’s Chargeback Agent to automate the dispute workflow, the companies said in a Thursday (Aug. 13) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and...
Anthropic could bring the artificial intelligence boom to its biggest public-market test yet. Investors expect the Claude developer to pursue a valuation of at least $2 trillion in an October initial public offering, a level that would make it the largest stock-market debut in history....
Apple’s push to repair Siri could open an important new revenue channel for publishers and establish a different model for how artificial intelligence companies pay for news. Instead of buying broad access to a publisher’s archives, Apple is considering compensating media companies when Siri actually...
As consumers become more comfortable with generative artificial intelligence, they begin using it in places where trust carries greater weight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....