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Artificial Intelligence
Meta’s Recent AI Hires to Lead New ‘Superintelligence Labs’ Unit
June 30, 2025

Meta CEO Mark Zuckerberg reportedly told company staff Monday (June 30) that he is creating a new artificial intelligence (AI) business unit called Meta Superintelligence Labs that will be led by some of the company’s most recent hires. Get the Full Story Complete the form...

Banking
Circle Applies to Establish National Trust Bank to Oversee USDC Reserve
June 30, 2025

Circle Internet Group has applied for a national trust charter, aiming to establish a national trust bank called First National Digital Currency Bank, N.A. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Surging Nonbank Lending Triggers New Risks Across Financial Markets
June 30, 2025

Last week, news came that Meta was moving toward obtaining $29 billion from private equity firms to help finance artificial intelligence (AI) data centers, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Levelpath Raises $55 Million to Scale AI-Native Enterprise Procurement Platform
June 30, 2025

Levelpath has raised over $55 million in a Series B funding round to scale its artificial intelligence (AI)-native enterprise procurement platform that includes AI agents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
The AI Tech Stack: A Business Guide to the Moving Parts of the AI Ecosystem
June 30, 2025

As artificial intelligence becomes more deeply embedded in business operations — from customer service and logistics to decision making and product innovation — understanding the layers of technology that underpin its capabilities becomes essential. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
European Commission Reports ‘Very High Momentum and Interest’ in AI Infrastructure
June 30, 2025

Seventy-six companies have expressed interest in setting up artificial intelligence (AI) infrastructure in Europe, the European Commission said Monday (June 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
GenAI Gains Strategic Importance Among CFOs as Workforce Needs Change
June 30, 2025

The ranks of CFOs who consider generative artificial intelligence (GenAI) as “very” or “extremely” important to their enterprises have about doubled across use cases, according to the upcoming CAIO report from PYMNTS Intelligence. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
Microsoft Says AI Tool Outperforms Physicians on Complex Medical Cases
June 30, 2025

Microsoft AI said Monday (June 30) that the Microsoft AI Diagnostic Orchestrator (MAI-DxO) correctly diagnoses 85% of diagnostically complex cases published by the New England Journal of Medicine (NEJM), compared to a mean accuracy of 20% among the practicing physicians the company included in a study....

Artificial Intelligence
Banks Adopting AI Agents After Seeing Benefits of AI Chatbots
June 30, 2025

Artificial intelligence (AI) chatbots and AI agents are reportedly taking on more tasks in the financial services industry. 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...