News

Artificial Intelligence
Perplexity AI Eyes Launching Browser to Challenge Google
May 12, 2025

Perplexity AI is reportedly in advanced talks to raise $500 million at a valuation of $14 billion, a figure that would be up from the $9 billion at which it was valued in November. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Microsoft Moves to Protect Its Turf as OpenAI Turns Into Rival
May 12, 2025

When Microsoft first invested in OpenAI in 2019, it likely didn’t expect that the fledgling artificial intelligence (AI) research lab would become the juggernaut that it is today. That all changed when ChatGPT became a household word in 2022. Get the Full Story Complete the...

Artificial Intelligence
EU Member States Face Funding Shortages to Enforce AI Act
May 12, 2025

As the European Union begins its phased implementation of the EU AI Act this year, an EU policy adviser is warning that enforcement will be a challenge for cash-strapped member nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Stash Secures $146 Million to Add AI to Financial Guidance Platform
May 12, 2025

Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence (AI) for its financial guidance platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Byline Bank Expands Payments and FinTech Banking Units
May 12, 2025

Byline Bank is boosting its embedded finance efforts by expanding its payments/FinTech division. 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....

B2B Payments
‘Net Never’ Terms: Delayed Payments Threaten B2B Supply Chain Stability
May 12, 2025

What’s worse than shoppers skipping out on a tab? The businesses themselves stiffing the very suppliers keeping them afloat. 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...

Retail
Walgreens Reportedly Upping Use of Robot-Powered Pharmacies
May 12, 2025

Walgreens is reportedly increasing its use of robots to fill prescriptions for its retail locations. 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...

Banking
Bank Loan or Embedded Financing? Depends on How Sunny a Business Is About the Economy
May 12, 2025

As the U.S. economy bumps up against fluctuating interest rates, tariffs and newly complex supply chains, medium-sized companies face critical decisions about how to fund their operations and fuel growth. The way these firms choose to access capital isn’t just a technical deliberation about their...

Artificial Intelligence
OpenAI and Microsoft Reportedly Rework Pact Ahead of Possible IPO
May 11, 2025

OpenAI is reportedly in the middle of reworking its multibillion-dollar agreement with Microsoft. 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....