News

Artificial Intelligence
The Big GenAI Time and Money Shift
January 13, 2025

The average consumer spends about 3 seconds when opening an app on their smartphone. Most open 10 different apps a day. Over the course of a year, the time people spend just opening apps, not engaging with them, adds up to nearly half a typical...

Banking
Citi Says Developer Portal Is Bank’s Innovation Accelerator
January 13, 2025

As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to be a critical lifeline. They connect third-party applications, data and developers to shorten the time to market for those innovations...

Artificial Intelligence
Musk Gains Antitrust Watchdog Support in OpenAI Battle
January 12, 2025

Elon Musk has reportedly gained government support in his legal battle against OpenAI. 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....

IPO
Investment Bankers Banking on an IPO Turnaround in 2025
January 12, 2025

Investment bankers are reportedly preparing for a dealmaking uptick in equity capital markets this year. 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,...

Retail
Wayfair Deploys Google AI to Scale and Enrich Product Catalogs
January 12, 2025

Wayfair has reduced the time needed to curate product listings by 67%, saved hundreds of thousands of dollars and improved some conversion rates by 2% by deploying Google’s artificial intelligence (AI) technologies. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Beyond the Cloud: Nvidia’s Mini Supercomputer Brings AI on-Premise
January 10, 2025

Nvidia’s new mini artificial intelligence supercomputer has the potential to put unprecedented computing power into the hands of researchers, developers and academics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Move Over, Chatbots: Agentic AI Is Here to Run Retail
January 10, 2025

Tech companies are rolling out artificial intelligence (AI)-powered retail solutions that mark a shift from the generative AI boom of recent years to the agentic AI era — where AI systems don’t just generate responses but actively perform complex tasks with minimal human intervention. Get...

Investments
Pipe17 Raises $15.5 Million to Scale AI-Powered Composable Order Operations Platform
January 10, 2025

Software company Pipe17 raised $15.5 million in a Series A funding round to support its efforts to build and scale its infrastructure for artificial intelligence-powered composable order operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Salesforce to Launch AI Agents and Cloud-Based POS for Retailers
January 10, 2025

Salesforce is set to release two new artificial intelligence-powered tools for retailers. 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...