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...
Watch more: Need to Know With Capital One Business’ Jay Michelini 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...
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....
For enterprises to adopt artificial intelligence on a large scale, token costs need to drop, Palo Alto Networks CEO Nikesh Arora said Thursday (July 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Companies have spent decades organizing around the limits of human coordination. Departments, reporting lines and job titles exist because complexity had to be made manageable. Artificial intelligence agents are now challenging that architecture — not as tools that sit beneath the org chart, but as...
