AI

In computer science, artificial intelligence, sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans.

Source: en.wikipedia.org

FIS Frames Tokenized Deposits as Banks’ Answer to Stablecoins

FIS Frames Tokenized Deposits as Banks’ Answer to Stablecoins
FIS Frames Tokenized Deposits as Banks’ Answer to Stablecoins
May 08, 2026  |  Earnings

As banks revisit the architecture underpinning payments, fraud controls and digital money movement, FIS’ latest earnings call on Friday (May 8) positioned the company connective...

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Uber and Lyft Stopped Competing and Started Thriving
Uber and Lyft Stopped Competing and Started Thriving
May 08, 2026  |  Earnings

The rivalry between Uber Technologies and Lyft has traditionally revolved around the same core questions: Who could grow faster, subsidize rides longer and survive the...

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BILL Plans 30% Workforce Cut as AI Becomes Top Priority
BILL Plans 30% Workforce Cut as AI Becomes Top Priority
May 07, 2026  |  Earnings

BILL plans to reduce its workforce by 30% by the end of the quarter as it sharpens its focus on artificial intelligence, BILL CEO and...

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Block Rallies as AI Push Turns Cash App Into a Lending Hub
Block Rallies as AI Push Turns Cash App Into a Lending Hub
May 07, 2026  |  Earnings

Block’s first-quarter earnings report was the company’s first since its sweeping organizational restructuring and staff reductions earlier this year, and management used the call to...

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The Connected Economy Is Making Companies Worth a Trillion Dollars 
The Connected Economy Is Making Companies Worth a Trillion Dollars 
May 07, 2026  |  Connected Economy

Samsung‘s arrival in the trillion-dollar club this week expands a roster that increasingly defines who controls the architecture of the modern global economy. Get the...

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Ramp Eyes $40 Billion Valuation in New Funding Round
Ramp Eyes $40 Billion Valuation in New Funding Round
May 07, 2026  |  Back-office

Financial operations platform Ramp is looking to raise $750 million at a valuation of more than $40 billion, The Wall Street Journal (WSJ) reported Thursday...

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Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
May 07, 2026  |  Investments

San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A funding to automate accounts receivable (AR) and other financial tasks, bringing...

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ServiceNow, SAP and Workday Make AI Agents Pay to Play
ServiceNow, SAP and Workday Make AI Agents Pay to Play
May 07, 2026  |  Artificial Intelligence

ServiceNow, SAP and Workday are drawing new lines around the customer data stored inside their platforms as external artificial intelligence (AI) agents begin to erode...

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