Weave Robotics opened preorders this month for Isaac 1, a home robot designed to sort laundry, make beds and tidy rooms. Customers can buy it outright for $7,999 or pay $449 a month, with a refundable $250 preorder deposit, according to Weave’s product page. California...
Businesses are borrowing more from their banks again. Second-quarter earnings from KeyCorp, Regions Financial and PNC show the increase came through new loans, larger credit commitments and greater use of existing lines. Get the Full Story Complete the form to unlock this article and enjoy...
Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to sign several similar deals by the end of the year, Verizon CEO Dan Schulman said Friday (July 24) during a second quarter earnings call. Get the Full Story Complete the...
Stripe is in talks to buy OpenRouter, an artificial intelligence startup. The deal could value the company at roughly $10 billion, The Wall Street Journal reported. An agreement could be announced soon. Still, talks could fall through, or another buyer could step in. The exact...
Microsoft, Meta and Nvidia are among 25 tech organizations calling on U.S. policymakers to avoid placing “premature restrictions” on open-weight AI models or “sweeping restrictions” on distillation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Artificial intelligence (AI) agents can complete only about 1 in 4 real-world work tasks, according to a new benchmark from UC Berkeley’s Center for Responsible, Decentralized Intelligence that pitted leading AI systems against actual assignments from working professionals. The findings test a bold prediction: that...
Weak artificial intelligence regulation can produce worse safety outcomes than imposing no regulation at all. That’s according to a new academic study that challenges policymakers to consider how rules affect the entire AI supply chain rather than isolated companies or applications. Get the Full Story...
Conversational artificial intelligence (AI) started out handling simple tasks. For much of its decades-long commercial life, from Siri to Alexa and beyond, consumers used voice AI tools to check an order, reset a password, find a product or ask about the weather. Get the Full...
Ant International’s unified wallet gateway, Alipay+, has added its first banking partner in Hong Kong, Hang Seng Bank. 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...
