News

Artificial Intelligence
Report: Google’s in-House AI Development May Be Competitive Edge
June 10, 2024

Microsoft is reportedly effectively outsourcing its best AI research and development to OpenAI, a move that could have significant implications for the AI landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Apple Brands AI as ‘Apple Intelligence’
June 09, 2024

Artificial intelligence (AI) will have a starring role at Apple’s developer conference this week. 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...

Retail
Shopping Center Vacancies Hit Lowest Level in 20 Years
June 09, 2024

Don’t write any obituaries for the American shopping center just yet. 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...

Retail
Gen Z and Millennial Sock Shoppers Go Toe to Toe
June 08, 2024

It looks like there’s a generational paradigm shift in a key hosiery category — on platforms such as TikTok, viral videos depict a lighthearted sock war between millennials and Generation Z. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Silicon Valley on Edge as New AI Regulation Bill Advances in California
June 07, 2024

A new California legislative proposal, SB 1047, is sending ripples of concern through Silicon Valley. 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,...

Investments
Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
June 07, 2024

Seven AI raised $36 million in its initial round of funding to support its mission of arming companies with artificial intelligence-powered cybersecurity solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
This Week in AI: Regulation Ramp Up, Intel and AI Chips, FTC Probe
June 07, 2024

This week in artificial intelligence (AI) news, regulation is ramping up as policymakers aim to ensure safe and responsible AI development. Meanwhile, tech giants like Intel, AMD, Microsoft, OpenAI, and Nvidia face increased scrutiny from the FTC and DOJ. Get the Full Story Complete the...

Retail
Apparel Retailers Use New AI Features to Reduce Online Returns
June 07, 2024

As clothing brands and retailers continue to struggle with the costly problem of returns, many are turning to artificial intelligence to help consumers buy products they will actually want when they arrive. Get the Full Story Complete the form to unlock this article and enjoy...