artificial intelligence
OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI
February 07, 2025

OpenAI CEO Sam Altman reportedly said that European Union (EU) regulations could limit the region’s access to 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...

Security & Fraud
UK’s FCA Urges Social Media to Prevent Illegal Financial Promotions
February 07, 2025

The United Kingdom’s Financial Conduct Authority is urging social media platforms to do more to prevent illegal financial promotions. 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...

Blockchain
How US Stablecoin Regulation Could Change the Game for Global Payments
February 07, 2025

Businesses hate slow and expensive international payments. But traditionally, firms haven’t had much choice but to accept the status quo of correspondent banks and their corresponding fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Markets
Reserve Bank of India Not Targeting Specific Exchange Rate Amid Rupee’s Decline
February 07, 2025

After a 3% decline in the rupee since mid-December, the new chief of India’s central bank reportedly said Friday (Feb. 7) that the bank is working to maintain stability without hurting market efficiency. Get the Full Story Complete the form to unlock this article and...

Economy
Job Growth Slows but Remains Healthy
February 07, 2025

Job growth slowed in January while remaining “solid” and “healthy,” analysts said Friday (Feb. 7). 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,...

CFPB
What to Watch for as CFPB Stops Rulemaking in Its Tracks
February 07, 2025

To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. 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...

artificial intelligence
AI Cheat Sheet: Large Language Foundation Model Training Costs
February 07, 2025

Foundation models are large artificial intelligence (AI) models trained on humongous datasets that enable them to do a wide range of tasks across various industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships
Stellantis and Mistral AI to Develop AI-Powered In-Car Assistant
February 07, 2025

An AI-powered in-car assistant for drivers is the latest of several initiatives being explored in an expanded partnership between automaker Stellantis and Mistral AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Report: Shein Considers 25% IPO Valuation Cut After Tariff Increase
February 07, 2025

The imposition of tariffs on small packages imported to the United States from China reportedly led Shein to consider cutting its valuation in a potential London initial public offering (IPO) by nearly 25%. Get the Full Story Complete the form to unlock this article and...