News

Artificial Intelligence
Amazon Executive Says Government Regulation of AI Could Limit Progress
June 10, 2025

The chief security officer for Amazon and AWS, Steve Schmidt, told Bloomberg News Tuesday (June 10) that government involvement in artificial intelligence (AI) could limit the scope of the company’s work in that field. Get the Full Story Complete the form to unlock this article...

Retail
Rite Aid Prepares to Sell Remaining Assets
June 10, 2025

As the June 18 deadline for bidding on the remaining assets of Rite Aid nears, the potential buyers who are looking them over reportedly include pharmacy chain Walgreens, reality star turned entrepreneur Kourtney Kardashian, consumer-focused private equity firms, and three brand management companies: Authentic Brands...

Point of Sale
Global Payments Launches POS Software for Retailers
June 10, 2025

Global Payments has begun rolling out point-of-sale (POS) software designed for small and medium-sized retail businesses. 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...

B2B Payments
Agentic AI Needs to Solve for Trust Before Conquering B2B
June 10, 2025

The B2B space barely had time to wrap its head around generative artificial intelligence (GenAI) before the next iteration, agentic AI, arrived. And if GenAI jolted the B2B world with its ability to produce language, content and code at scale, agentic AI ups the ante....

IPO
Circle Attracts Issuers Filing ETFs After Successful IPO
June 10, 2025

At least three exchange-traded fund (ETF) issuers filed ETFs related to Circle Internet Group (CRCL) in the days after the stablecoin issuer’s Thursday (June 5) initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Remarcable Raises $15 Million to Solve Construction Workflow Gridlock
June 10, 2025

Construction industry procurement platform Remarcable has raised $15 million in new funding. 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...

Artificial Intelligence
Report: OpenAI Taps Google’s Cloud Service for Extra Computing Capacity
June 10, 2025

OpenAI and Google reportedly finalized a deal in which OpenAI will tap Google’s cloud service for additional computing capacity to train and run its artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Apple Expands OpenAI Partnership Amid Rising AI Pressures
June 10, 2025

Apple is reportedly deepening its relationship with OpenAI while also rolling out new artificial intelligence capabilities. 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...

Fintech Investments
Adyen Founder’s Hospitality Startup, Tebi, Raises $34 Million
June 10, 2025

Tebi, a FinTech launched by Adyen co-founder Arnout Schuijff, raised 30 million euros (about $34 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. yesSubscribe to our daily...