News

Artificial Intelligence
Anthropic On Track for First Operating Profit as Revenue Surges
May 20, 2026

Anthropic is on track to post its first operating profit in the second quarter of 2026, according to financial projections reviewed by The Wall Street Journal, as the artificial intelligence startup’s revenue trajectory outpaces comparisons to Google, Facebook, and Zoom at similar stages of growth....

Artificial Intelligence
AI Fraud Now Fakes the Whole Meeting
May 20, 2026

A finance employee at a multinational firm joined what appeared to be a routine video call. The CFO was on screen. So were several colleagues. The meeting looked real, sounded real and felt real. It wasn’t. Every face had been generated by artificial intelligence. The...

Loyalty & Rewards
American Express, Fanatics Launch Sports Rewards Card
May 20, 2026

American Express is expanding further into sports and loyalty with a new partnership that ties payments, rewards and fan engagement together. 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
Exa Raises $250 Million for AI-Powered Search Infrastructure
May 20, 2026

Artificial intelligence search infrastructure startup Exa is now a $2.2 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...

Investments
Mercury Valued at $5.2 Billion as It Pushes Deeper Into Banking
May 20, 2026

Banking FinTech Mercury announced it raised $200 million in a funding round that valued the company at $5.2 billion. 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...

Wearables
Warby Parker Offers Glimpse of Google-Powered Smart Glasses
May 20, 2026

Warby Parker has introduced its first pair of Google-and-Samsung-powered smart glasses. 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...

IPO
OpenAI Eyes September IPO Despite $14 Billion Projected Loss
May 20, 2026

With 900 million weekly users, $25 billion in annualized revenue and a $14 billion projected loss, OpenAI is preparing to ask the public to buy in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Google Builds a Cart That Shops While You Sleep
May 20, 2026

A shopper watches a YouTube review, adds a pair of headphones to a cart and closes the tab. Three days later, the price drops. An artificial intelligence agent buys them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
DataDome Launches a Virtual Waiting Room for AI Shoppers
May 20, 2026

Cybersecurity firm DataDome has launched “Priority Protect,” which it calls the first “virtual waiting room” built specifically for agentic commerce, according to a Wednesday (May 20) news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...