News

Artificial Intelligence
OpenAI Gaining Market Share in AI Tools, With Google a Far Second
May 15, 2025

OpenAI’s artificial intelligence (AI) tools showed a surge in website traffic in the past two months, with Google a distant second and DeepSeek catching up quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
This Week’s B2B Innovation: AI Procurement, Digital Payments and Ongoing Pressures
May 15, 2025

The B2B space is defined by its workflows and data, both of which can end up mired in complexity. 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...

Investments
Granola Raises $43 Million for AI That Generates Searchable Meeting Transcripts
May 15, 2025

Granola said Wednesday (May 14) that it raised $43 million in a Series B funding round and introduced the new version of its artificial intelligence notepad, Granola 2.0, which writes meeting notes and enables users to search through and chat with those transcripts. Get the...

Retail
Shein Lowers Prices Following US-China Trade War Truce
May 15, 2025

Shein cut prices for customers in the United States after Washington temporarily lowered tariffs on Chinese imports. 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...

Artificial Intelligence
Main Street Gets AI Makeover as Software Shakes Up Small Businesses
May 15, 2025

Every cloud has a silver lining, even those impacting the global economy. 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...

Artificial Intelligence
Klarna CEO: AI Helped Drive 40% Reduction in Staff
May 15, 2025

Klarna’s CEO is reportedly attributing a 40% reduction in staff to the company’s AI investments. 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...

Artificial Intelligence
Product Officers Embrace GenAI’s Role in Fast-Tracking Early-Stage Innovation
May 15, 2025

The early stages of product development — often referred to as the “fuzzy front end” — traditionally involve activities like brainstorming, concept development and preliminary design. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Digital Wallets Want to Replace Your Apps, Not Just Your Cards
May 15, 2025

It’s no secret that the world is moving faster. In parallel, the way we move money is evolving just as rapidly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Report: Dick’s Sporting Goods Seeks $2.3 Billion Acquisition of Foot Locker
May 14, 2025

Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. 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...