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Artificial Intelligence
OpenAI Board Considering Transforming For-Profit Into Delaware Public Benefit Corporation
December 27, 2024

OpenAI’s board of directors plans to transform the organization’s for-profit arm into a Delaware Public Benefit Corporation (PBC) in order to raise the capital it needs to continue developing artificial general intelligence (AGI). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
How Buyers and Suppliers Rewrote the Rules of B2B Payments in 2024
December 27, 2024

As the dust settles on a transformative year in B2B, 2024’s advancements hint at a future where B2B payments become more seamless, intelligent and integrated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Retailers Bet on AI to Drive Post-Holiday Sales
December 27, 2024

Inside Amazon’s digital marketplace this holiday season, a new artificial intelligence (AI) assistant named Rufus has been steering shoppers through millions of product choices. The chatbot, launched earlier this year, represents the retail giant’s push to streamline the complex world of online shopping. Get the...

Fintech Investments
FinTech IPO Index’s 3.9% Rally Spreads Some Cheer in Holiday-Shortened Trading Week
December 27, 2024

The new year looms, and for the FinTech IPO Index, with a year-to-date performance that tops a 64% return, 2024 has been kind, to put it mildly. December alone, as of Thursday’s close, marked an 18.4% gain. Get the Full Story Complete the form to...

Retail
The Year in Amazon vs Walmart, and a Look Into 2025
December 27, 2024

As 2024 comes to a close, the retail sector remains defined by the intense rivalry between Amazon and Walmart. Over the course of the year, these industry titans fiercely competed for consumer loyalty, market dominance and innovation leadership. Here’s a recap of the major moments...

Artificial Intelligence
OpenAI Weighs For-Profit Move Amid Talks With Microsoft
December 26, 2024

OpenAI is reportedly planning to become a for-profit company and is discussing the details of that transition with major investor Microsoft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Foxconn Invests in AI Data Center Firm Zettabyte to Boost Sustainable Computing
December 26, 2024

Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Boxing Day Gives UK Retailers Little Reason to Celebrate
December 26, 2024

Boxing Day appears to be a muted affair for Great Britain’s merchants and shopping centers. 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
Tech Giants Bet Big on AI as Data Shows Clear Winners
December 26, 2024

Companies embracing artificial intelligence (AI) are pulling ahead of competitors, with Bridgeline’s HawkSearch reporting new customers each week, IBM finding open-source AI users seeing higher returns, and MIT research showing advanced AI adopters outperforming industry peers. However, a Q4 loss at Bridgeline highlighted the sector’s...