Firmus Grid, a Nvidia-backed Australian data center company, is having trouble generating support for its stock market listing, Bloomberg reported Thursday (Oct. 8). The development reveals a new weakness in the artificial intelligence funding boom, the report said. Firmus’ planned $5.5 billion initial public offering...
Peppermint raised $4.7 million in seed funding for its artificial intelligence-powered financial operations platform designed for teams that run clinical research, the company said in a Thursday (Oct. 8) press release Peppermint’s platform is designed to provide a continuous, audited record of every visit, invoice...
Watch more: The Agentic Experience With Mastercard’s Pablo Fourez Consumers won’t hand artificial intelligence agents unrestricted purchasing authority on day one, but repeated successful transactions could expand what they’re willing to delegate. It’s a topic that now dominates agentic AI discussions. The first time Mastercard...
Watch more: How Payments Turn AI Into Action Every swipe, ACH transfer or virtual card transaction carries clues about who is spending, where money is moving, what is being bought and whether something looks wrong. Those clues have remained relatively untapped, and not for lack of...
Property and home insurers have the best billing and payment scores of any industry PYMNTS Intelligence studied this year. They also have one in four policyholders ready to switch, and seven in 10 Gen Z policyholders ready to switch. Both things are true, and the...
The artificial intelligence buildout is still in its early-to-middle stages, Citi Wealth said in a report released Wednesday (Oct. 7). The AI investment cycle is facing greater scrutiny due to higher interest rates, increasingly capable open-weight models, regulatory pressure and rising infrastructure costs, the bank...
A traveler who types a vague idea for a winter getaway into Hilton’s website can now get back a destination, a hotel and a plan for the trip. Hilton’s AI Planner had held more than 18,000 conversations with guests as of August, the company said....
ChatGPT is getting a new user interface that enables it to include text, visuals and interactive elements in its responses to users’ questions, OpenAI said in a Wednesday (Oct. 7) press release. The new Intelligent UI is included in GPT-6 in ChatGPT, a new model that is rolling out to ChatGPT...
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control...