America’s biggest AI companies are reportedly devoting record cash to their lobbying efforts. 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....
This week in The Prompt Economy, artificial intelligence agents are coming to life. They’re already negotiating supplier contracts, processing purchase orders, and closing deals on behalf of major corporations. Procurement is leading enterprise AI adoption. The governance frameworks to manage what agents do at the...
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. 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....
Google parent Alphabet last week reported an 82% increase in cloud computing revenue. 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....
Weave Robotics opened preorders this month for Isaac 1, a home robot designed to sort laundry, make beds and tidy rooms. Customers can buy it outright for $7,999 or pay $449 a month, with a refundable $250 preorder deposit, according to Weave’s product page. California...
Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to sign several similar deals by the end of the year, Verizon CEO Dan Schulman said Friday (July 24) during a second quarter earnings call. Get the Full Story Complete the...
Stripe is in talks to buy OpenRouter, an artificial intelligence startup. The deal could value the company at roughly $10 billion, The Wall Street Journal reported. An agreement could be announced soon. Still, talks could fall through, or another buyer could step in. The exact...
Microsoft, Meta and Nvidia are among 25 tech organizations calling on U.S. policymakers to avoid placing “premature restrictions” on open-weight AI models or “sweeping restrictions” on distillation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Artificial intelligence (AI) agents can complete only about 1 in 4 real-world work tasks, according to a new benchmark from UC Berkeley’s Center for Responsible, Decentralized Intelligence that pitted leading AI systems against actual assignments from working professionals. The findings test a bold prediction: that...