News

Artificial Intelligence
Meta Reportedly Exploring $10 Billion-Plus Investment in Scale AI
June 08, 2025

Meta is reportedly weighing a multibillion-dollar investment in artificial intelligence (AI) startup Scale AI.  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...

IPO
Winklevoss Cryptocurrency Platform Gemini Files for IPO
June 06, 2025

Cryptocurrency platform Gemini said Friday (June 6) that it confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) for an initial public offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
OpenAI Gives ChatGPT More Business Features
June 06, 2025

OpenAI has unveiled two new business features for ChatGPT in its latest push to deepen enterprise adoption and challenge Microsoft and Google’s office productivity products.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
OpenAI Appeals Court Order Requiring Retention of Consumer Data
June 06, 2025

OpenAI has appealed a court order that requires it to retain consumer ChatGPT and API data indefinitely, saying the order conflicts with its privacy commitments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Kargo Raises $18.4 Million to Develop AI-Powered Products for Supply Chains
June 06, 2025

Kargo raised $18.4 million to develop new artificial intelligence (AI)-powered products that connect supply chain data to help with inventory management. 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
This Week in AI: Intuit Rolls Out AI Agents to SMBs
June 06, 2025

This week in artificial intelligence (AI) news, Intuit in introducing AI agents for its enterprise clients, while voice AI startups drew in an eightfold increase in investments last year compared to 2023. AI pioneer Yoshua Bengio launched an AI safety nonprofit, and AI coding tools...

Fintech Investments
HSBC Invests in Token.io to Accelerate Growth of Pay by Bank
June 06, 2025

HSBC became a strategic investor in Token.io to help accelerate the growth of Token.io’s pay-by-bank infrastructure. 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
Stablecoins Hit the Street and FinTech Funding Targets Lending Platforms
June 06, 2025

The most visible sign this week of enthusiasm for FinTechs — call it a form of financial enthusiasm, perhaps — was, arguably, the stratospheric rise of Circle shares in their debut on the public markets on Thursday (June 5). Get the Full Story Complete the...

Cross-border Payments
Can Digital Wallets, Stablecoins Solve Small Banks’ Cross-Border Cost Center?
June 06, 2025

Cross-border payments don’t have a small bank problem; small banks have a cross-border problem. 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...