Global investment in artificial intelligence (AI) could exceed $2.8 trillion by 2029, according to Citigroup estimates reported by PYMNTS. Most of that money flows through a small group of companies that own the models, the cloud infrastructure, and the data pipelines. That concentration has fueled...
Late payments and cash flow unpredictability remain among the most pressing challenges for businesses, with nearly half of B2B invoices in North America still paid late. The latest PYMNTS Intelligence report, “Virtual Cards Cut Payment Delays and Protect Buyer-Supplier Ties,” done in collaboration with American...
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Picture this: a late-night delivery worker tapping a button on their phone at the end of their shift to cash out instantly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Names across the FinTech IPO Index were broadly lower, giving up 2.6% as a group. 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,...
The story behind Latin America’s digital payments boom isn’t necessarily about consumers abandoning cash. 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...
Uber has acquired Segments.ai, a multi-sensor labeling platform for robotics and autonomous driving, the two companies said Thursday (Oct. 2) in separate posts on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Generative AI is consuming money and attention at a pace no technology has matched before. Global infrastructure spending reached $235 billion in 2024, with forecasts of $2.8 trillion by 2029. More than 700 million people use ChatGPT each week, making it the fastest adoption curve in history....
Oracle is reportedly investigating hacks of some customers’ E-Business Suite applications after hackers who said they were affiliated with a ransomware group claimed to have breached the applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
