News

Artificial Intelligence
AI Regulations: EU Withdraws AI Liability Proposal; US Seeks Comments on AI Action Plan
February 20, 2025

The EU is withdrawing proposed regulations for handling victim’s claims of harm caused by AI — but it faces internal opposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Together AI Raises $305 Million to Expand AI Cloud Service
February 20, 2025

Together AI raised $305 million in a Series B funding round to expand its AI Acceleration Cloud that helps developers and enterprises train, fine-tune and run inference for generative artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and...

B2B Payments
B2B Supplier Risk in Focus as FinCEN’s Transparency Act Back on Track
February 20, 2025

In today’s sprawling B2B environment it’s not just the goods and services that need tracking — it’s the companies themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
OpenAI COO Brad Lightcap Says Company Reaches 400 Million Weekly Active Users
February 20, 2025

OpenAI reportedly reached the 400 million weekly active user threshold. 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 completing this...

Artificial Intelligence
In the GenAI Era, Why Are Customer Service Chatbots Dumb?
February 20, 2025

When ChatGPT first burst onto the scene, it sparked a wave of enthusiasm about how generative artificial intelligence (GenAI) could revolutionize online customer service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Galileo Brings Co-Brand Debit Rewards to Hospitality Sector
February 20, 2025

Galileo Financial Technologies says it is launching a co-brand debit card program. 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 completing...

Retail
Self-Serve Retail Rises on ‘Smart Commerce’ Technology
February 20, 2025

Self-serve commerce has come a long way since the concept was introduced almost 40 years ago by a company called CheckRobot. Developers back then were years away from being able to leverage the modern Internet and still decades away from artificial intelligence (AI), but the...

Artificial Intelligence
DeepSeek Considers Raising Outside Funding Amid Demand for AI Chatbot
February 19, 2025

Chinese artificial intelligence (AI) startup DeepSeek is reportedly considering raising outside funding for the first time, weeks after its AI chatbot app made headlines around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Neiman Marcus to Close One Dallas Location, Renovate Another
February 19, 2025

A Neiman Marcus store in downtown Dallas is reportedly set to close on March 31 after owner Saks Global received a notice from the landlord to terminate the occupancy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...