News

Artificial Intelligence
Soaring AI Costs Push Enterprise Buyers to Cheaper Chinese Models
June 19, 2026

Large artificial intelligence (AI) labs like Anthropic and OpenAI could see their growth impacted by AI users’ efforts to control costs, the Financial Times reported Thursday (June 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Instacart Reports AI Agent Drives Bigger Grocery Orders
June 19, 2026

Instacart has begun rolling out an artificial intelligence (AI) assistant that puts together a grocery cart based on a conversation, the user’s selection of suggested prompts, or an uploaded photo of a grocery list. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Consumers Want AI to Shop With Them, Not for Them 
June 19, 2026

Artificial intelligence has already transformed how consumers discover products, compare prices, and navigate digital commerce. But as companies race to build autonomous AI agents capable of making decisions independently, consumers are sending a more nuanced message: They want assistance, not surrender. Get the Full Story...

Payment Methods
Millennials’ Payments Playbook: Cards at the Core, Digital Options at the Ready
June 19, 2026

Millennials are moving through their prime earning, spending and household-forming years with unusual economic 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. yesSubscribe to our daily newsletter,...

Artificial Intelligence
Deutsche Bank Points to Proven Returns on AI Investments
June 18, 2026

Deutsche Bank executive Denis Roux said Thursday (June 18) that artificial intelligence (AI) is enabling the bank to cut the completion time of some tasks from two years to as little as three months, Reuters reported Thursday. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Senate Bill Would Require AI Firms to Yield Half Ownership to Public
June 18, 2026

Sen. Bernie Sanders (I-Vt.) has introduced a bill that would impose a one-time 50% tax on the stock of the biggest artificial intelligence (AI) companies and deposit that stock into a new sovereign wealth fund, giving the public 50% ownership of the companies. Get the Full...

Wearables
Can Snap Survive the Wearable Graveyard Google Built?
June 18, 2026

The smartphone era won’t last forever, and the tech industry is spending billions to own whatever comes next. Artificial intelligence (AI) has sharpened that ambition, giving new momentum to an old dream: ambient computing that delivers information through a lens rather than a screen. Get...

Artificial Intelligence
Midjourney Enters Medical Imaging With 60-Second Full-Body Scan
June 18, 2026

Midjourney built its reputation on text-to-image artificial intelligence. 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, you...

Cross-border Payments
Zelle Readies Stablecoin for First Cross-Border Push
June 18, 2026

Zelle network operator Early Warning Services plans to launch a proprietary U.S. dollar-backed stablecoin as part of its strategy to expand Zelle person-to-person digital payments beyond the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...