Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
Artificial Intelligence
DeepSeek Deploys What It Calls Faster Version of Its Open-Source Model
October 18, 2026

China’s DeepSeek has unveiled what it calls a faster and leaner version of its artificial intelligence model. The company describes the DeepSeek-V4.1-Flash-1017 model, announced Saturday (Oct. 17) as offering “[s]tronger benchmark performance, faster task completion, and shorter outputs than the previous version.” DeepSeek added that...

Artificial Intelligence
Sam Altman’s World Debuts ID Verification for AI Agents
October 18, 2026

Sam Altman’s iris-scanning project World is making what it calls its “first industry-specific push.” The company on Sunday (Oct. 18) announced World ID for banking and finance, designed to help businesses determine whether artificial intelligence agents are moving money and shopping on behalf of an...

Artificial Intelligence
Anthropic Turns to Lawyers to Teach AI Agents to Negotiate
October 18, 2026

Anthropic is reportedly in discussions with legal groups to teach artificial intelligence agents negotiation skills. That’s according to a report Sunday (Oct. 18) by the Financial Times (FT) citing two sources familiar with the AI company’s thinking. They say the startup is looking for advice...

Artificial Intelligence
Musk Says White House Duties Distracted Him From AI
October 18, 2026

Elon Musk says his work last year with the White House distracted him from artificial intelligence development at his businesses. “[I] kinda got carried away, basically,” Musk said in an upcoming episode of the new podcast series, “The Builders with Walter Isaacson,” scheduled to premiere...

Artificial Intelligence
Anthropic Co-Founder Predicts AI Will Bring US GDP to $44 Trillion
October 18, 2026

Anthropic’s co-founder predicts that artificial intelligence could boost America’s economic output by nearly 50% by 2030. That forecast comes from one of the AI startup’s internal models, Jack Clark said Saturday (Oct. 17) at the IMF and World Bank annual meetings in Bangkok. Global cooperation...

Artificial Intelligence
Trump Task Force Orders Report on AI Dangers
October 16, 2026

President Donald Trump’s artificial intelligence (AI) task force, the Super Intelligence Force, will commission a report from the President’s Council of Advisors on Science and Technology to evaluate potential dangers of the technology, Bloomberg reported Thursday (Oct. 15), citing a White House account of a meeting. Thursday’s meeting was...

Artificial Intelligence
Taco Bell Says AI Helps Workers Live Más, Quit Less
October 16, 2026

The hardest job at a Taco Bell during the dinner rush is the headset. One worker takes orders from a line of cars, repeats them back over road noise and fields the complaints when a Crunchwrap comes out wrong. At more than 890 Taco Bell...

Artificial Intelligence
Apple, Meta Team Up to Put Big AI on Desktops 
October 16, 2026

A Meta and Apple partnership wasn’t on anyone’s 2026 bingo card. On Thursday (Oct. 15), the two companies, who spent most of a decade fighting over user data, announced they had worked together to run Meta’s newest AI model on Apple’s desktops. Meta released Muse...

Artificial Intelligence
Agentic Payments Are About to Break the Meaning of an Authorized Transaction
October 16, 2026

Watch more: Before AI Moves Money, It Must Earn Authority Agentic commerce has a payments problem hiding in plain sight. The financial system does not yet have a universal way to authenticate a machine’s authority to make a decision. And time is running out. Artificial...