April 25, 2024
Robo-Forklifts Rev Up Walmart’s Warehouses

In Walmart’s sprawling distribution centers, a quiet change is underway. The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, marking a significant step forward in integrating...

April 25, 2024
Microsoft: Unlocking AI Benefits Will Require Cultural Changes for Enterprises

Digital transformation is the name of the game — and that’s great news for Microsoft. The company, which reported its Fiscal Year 2024 Q3 earnings results on Thursday (April 25), has...

April 25, 2024
Alphabet Q1 Earnings Focus on AI Monetization

Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize...

April 25, 2024
American Airlines Marks Record Quarter Amid Corporate Travel Snapback

Business travel is on a steady ascent, aligning with the resurgence observed in the leisure travel sector over the past three years.  On Thursday (April 25), American Airlines announced a record...

April 24, 2024
Stripe Co-Founders Say They’re Building ‘Software-Defined Financial Services’

Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” So said Stripe co-founders Patrick Collison and John Collison Wednesday (April 24) during...

April 24, 2024
ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool

Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. As ComplyAdvantage noted in a Wednesday (April 23) news release sent to PYMNTS, Golden is “automating the construction of one of the world’s...

April 23, 2024
AI to Boost Weather Forecasts, Businesses Hope for Profits

Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Google has introduced a new AI model capable of...

April 23, 2024
Bite-Sized AI: Why Smaller Models Like Microsoft’s Phi-3 Are Big for Business

Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. These lightweight, efficient models can tackle content creation and data analysis without the hefty computational requirements...

April 23, 2024
Figure Names Brex Veteran Michael Tannenbaum as CEO

Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately. The company’s previous CEO, co-founder Mike Cagney, has assumed the role of executive chairman, Figure...