OpenAI generated nearly $6 billion in first-quarter revenue, a sign that demand for artificial intelligence tools is still rising even as the cost of competing at the top of the AI market remains enormous. Get the Full Story Complete the form to unlock this article...
California Gov. Gavin Newsom issued a first-in-the-nation executive order on Thursday (May 21) directing state agencies to prepare workers, communities and small businesses for the economic and labor disruptions anticipated from the rapid advancement of artificial intelligence. Get the Full Story Complete the form to...
Pivot, a software startup developing artificial intelligence for corporate procurement, has raised $40 million in a Series B funding round, the company announced Thursday (May 21). The capital injection brings the New York-based firm’s total funding to $70 million since its inception in 2023. Get...
Beauty-and-wellness scheduling software firm Fresha is now a $1 billion company. 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...
President Donald Trump delayed signing an executive order that would have given the United States government more oversight over the artificial intelligence industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
On-chain derivatives trading protocol Variational has raised $50 million in new funding. 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...
Stablecoins have always been an answer in search of the right problem. As issuers chase a breakout scaling moment across a crowded field of use cases, one opportunity is drawing serious institutional attention: the back-end settlement infrastructure connecting global B2B marketplaces, where trillions in commerce...
Artificial intelligence (AI) lab Hark has been valued at $6 billion following a $700 million funding round. 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...
A sports fan’s relationship with their team doesn’t stay in the stands. It follows them online, into team stores, onto betting apps and through endless searches for the right jersey at the right moment. For a retailer sitting at the center of that behavior, the...
