Enterprise spending on GenAI is slowing as finance leaders recalibrate their priorities in a shifting macroeconomic environment. Just 26.7% of CFOs expect to raise GenAI budgets in the next 12 months, according to a recent PYMNTS Intelligence survey (from the chart below) of 60 enterprises....
The holiday season may drive record revenues, but it also brings with it a surge in fraud attempts. With scams, cyberattacks and chargebacks spiking during peak shopping, merchants face an increasingly complex balancing act: protecting profits and customers without slowing down sales. And this year,...
Nubank said Tuesday (Sept. 30) that it applied for a U.S. national bank charter as it explores opportunities to expand its digital banking platform beyond Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
California Governor Gavin Newsom on Monday (Sept. 29) signed the Transparency in Frontier Artificial Intelligence Act, making the state the first in the U.S. to require developers of advanced artificial intelligence systems to disclose how they manage catastrophic risks. The measure, Senate Bill 53, establishes...
ServiceNow introduced a “unified, conversational front door” to enterprise artificial intelligence called AI Experience, according to a Tuesday (Sept. 30) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
HoneyBook has acquired startup Fine.dev, which specializes in artificial intelligence-assisted coding and rapid application development. 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,...
DoorDash announced a new service that enables retailers to sell online and offer delivery, with DoorDash handling the entire fulfillment process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
AI-related infrastructure spending by Big Tech is expected to surpass $2.8 trillion through 2029. 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 hyperscaler CoreWeave announced a multibillion-dollar agreement with Meta days after reporting a deal with OpenAI. 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...
