News

Artificial Intelligence
Meta Reorganizes GenAI Team to Accelerate Product Rollouts
May 28, 2025

Meta is reorganizing its generative artificial intelligence team to accelerate rollouts of products and features as the AI race intensifies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
AI Firm Chalk Valued at $500 Million After Raising $50 Million
May 28, 2025

Artificial intelligence (AI) infrastructure firm Chalk is halfway to being a billion-dollar company. 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....

IPO
OpenAI CFO: New Structure Can Pave Way for IPO
May 28, 2025

OpenAI Chief Financial Officer Sarah Friar said the company’s planned restructuring can help it go public, Reuters reported Wednesday (May 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
Shake Shack Launches Loyalty Program for Online and App Orders
May 28, 2025

Shake Shack is set to launch its first loyalty offering through its app and website. 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
Why AI Chatbots Are the New ‘Must-Have’ for Online Retailers
May 28, 2025

The days of writing SEO-friendly copy that would be enough to bring customers to a brand’s website will soon be a thing of the past, as AI chatbots increasingly take over search queries. Get the Full Story Complete the form to unlock this article and...

Investments
Conduit Raises $36 Million to Promote Cross-Border Stablecoin Payments
May 28, 2025

Stablecoin-focused cross-border payments platform Conduit says it has raised $36 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...

Retail
Amazon and Walmart Turn Groceries, Health and Data Into Distinct Empires
May 28, 2025

Walmart and Amazon are in a convergence war. What’s at stake is not just winning retail dollars but owning the infrastructure of daily living: shopping, healthcare, media and cloud services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Saudi Arabia Unveils $10 Billion VC Fund in Race for Middle East’s AI Crown
May 28, 2025

Saudi Arabia’s new state-backed AI company plans to launch a $10 billion venture capital fund and seek investments from top U.S. tech companies as it strives to become the AI leader in the Middle East. Get the Full Story Complete the form to unlock this...

Fintech Investments
Robinhood Brings Its ‘Legend’ Trading Platform to the UK
May 28, 2025

Robinhood says its browser-based desktop trading platform is now available to U.K. customers. 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...