When a truck breaks down on the highway, the repair bill is the smallest part of the problem. The delivery is late, the driver is stranded, the tow costs more than the fix and the customer is calling. Get the Full Story Complete the form...
Healthcare artificial intelligence (AI) company Commure announced Tuesday (May 19) that it has raised $70 million in new financing, achieving a post-money valuation of $7 billion. The Mountain View, California-based company said in a press release that the funding round was led by General Catalyst,...
Walmart is widening its lead over competitors as tariffs, inflation pressures and tighter household budgets reshape U.S. retail. 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...
Andrej Karpathy joined Anthropic, marking one of the highest-profile talent moves yet in the escalating competition among frontier artificial intelligence labs for elite research talent. Karpathy, a founding member of OpenAI and head of AI at Tesla, said he would join Anthropic’s pretraining team focused...
Polymarket has introduced what it calls the first prediction markets connected to private company performance. 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...
Financial technology company FIS has launched its Enterprise Risk Suite on Amazon Web Services (AWS). 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,...
Target has recruited a new logistics chief as it works to revive flagging sales. 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....
Radar, an inventory management startup backed by American Eagle Outfitters CEO Jay Schottenstein, has reached a valuation of more than $1 billion following its latest funding round, CNBC reported on Tuesday (May 19). Get the Full Story Complete the form to unlock this article and...
Plaid has introduced a tool designed to help customers make smarter ACH-payment-related decisions. 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...