News

Artificial Intelligence
AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
December 15, 2023

Krutrim, an artificial intelligence startup founded by serial entrepreneur and CEO of Ola Group, Bhavish Aggarwal, made waves in the field of AI with the launch of India’s first multilingual large language model (LLM). Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
FSOC Identifies Use of AI as Vulnerability in Financial System 
December 15, 2023

The Financial Stability Oversight Council (FSOC) has, for the first time, identified the use of artificial intelligence (AI) in financial services as a vulnerability in the financial system.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI), the ability to identify unique humans is becoming more important.  Get the Full Story Complete the form to unlock this...

Investments
Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
December 15, 2023

Shelpful has raised a $3 million seed investment to continue adding features and partnerships to its solution that helps people build lasting habits around health, happiness and self-care.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Tokens, Characters and Usage Fees: Decoding the AI Price War
December 15, 2023

Everything has a cost, even — or especially — innovations like artificial intelligence (AI). 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...

Artificial Intelligence
AI Co-Pilots May Be The Future of Membership-Only Luxury Travel
December 15, 2023

We exist at the intersection of behavior and technology.  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 form,...

IPO
FinTech IPO Index Jumps 7.3%, Lending Platforms Soar as Fed Signals Rate Cuts   
December 15, 2023

The Fed’s signaled a pause for now — and rate cuts on the horizon. 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...

B2B Payments
Why Automation Alone Won’t Transform B2B Payments in 2024
December 15, 2023

In the world of B2B commerce, staying ahead of the curve is crucial for success. 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
Cash-Strapped Consumers Are Still Buying Small Indulgences
December 14, 2023

There is an economic theory that can be traced back to the Great Depression of the 1930s: the Lipstick Effect, which suggests that even in the toughest economic times, consumers will still spend money on small indulgences such as lipstick.  Get the Full Story Complete...