Loop raised $95 million in a Series C funding round to expand its platform for logistics and supply chains across a broader set of enterprise use cases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cursor, a maker of artificial intelligence (AI)-powered coding tools, is looking to raise about $2 billion in a funding round that would value it at over $50 billion, Bloomberg reported Friday (April 17), citing an unnamed source. Get the Full Story Complete the form to unlock...
Few phrases in corporate history have proven as durable as “no one ever got fired for buying IBM.” It is shorthand for something deeper: when stakes are high decision-makers often choose what protects their own position over what maximizes institutional value. Get the Full Story...
Social platforms have long influenced what consumers browse and buy, but the next step is to determine whether they can also hold the money that enables those decisions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Live social shopping company QVC Group has begun voluntary Chapter 11 proceedings to implement a comprehensive prepackaged financial restructuring plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Uber Eats has begun offering returns on retail items purchased on its app. 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....
A new warning from top financial officials is pushing AI risk to the center of the global banking conversation. At this week’s IMF and World Bank spring meetings in Washington, regulators and central bankers focused on Anthropic’s new Claude Mythos Preview model and the possibility...
Watch more: Need to Know With Lorum’s George Davis 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. By completing this form,...
The Commodity Futures Trading Commission (CFTC) is using artificial intelligence to boost efficiency, CFTC Chairman Michael S. Selig told a congressional committee Thursday (April 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...