News

Artificial Intelligence
Albertsons AI Assistants Drive Immediate 26% Basket Growth Among Early Adopters
August 17, 2026

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)....

Artificial Intelligence
Stripe Finalizes $7 Billion Deal for AI Firm OpenRouter
August 17, 2026

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...

Investments
Higgsfield Raises $400 Million for AI Video Platform
August 17, 2026

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,...

Artificial Intelligence
Legal Departments Move From Testing AI to Governing It
August 17, 2026

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...

Retail
Retail Earnings Will Show What Stretched Consumers Protect
August 17, 2026

America’s biggest retailers are about to turn a weak government sales report into a six-company test of consumer endurance. 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...

Artificial Intelligence
Anthropic CEO Says He’s Not an AI Pessimist
August 16, 2026

Anthropic CEO Dario Amodei is disputing arguments he’s overly pessimistic about artificial intelligence’s impact. 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...

Artificial Intelligence
Goldman Sachs Says AI Spending Not Boosting Corporate Earnings
August 16, 2026

A jump in corporate artificial intelligence spending has not translated into a corresponding boost in earnings. 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...

Artificial Intelligence
Alibaba Overtakes Google and Meta With 3 Billion AI Model Downloads
August 16, 2026

Open-weight models from China’s Alibaba have reportedly become the world’s top artificial intelligence offerings. 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...

Artificial Intelligence
Anthropic Touts 14-Fold Jump in Revenue for Would-Be Investors
August 16, 2026

Anthropic has reportedly shared a substantial jump in quarterly revenue with would-be investors. 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....