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DeepSeek Shuns Short-Term Profits While Seeking $45 Billion Valuation

DeepSeek Shuns Short-Term Profits While Seeking $45 Billion Valuation
DeepSeek Shuns Short-Term Profits While Seeking $45 Billion Valuation
May 22, 2026  |  Startups

DeepSeek is in advanced discussions for a funding deal that could raise $10 billion and value the company at $45 billion, Bloomberg reported Friday (May...

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Starbucks Scraps AI Inventory Tool After Counting Errors
Starbucks Scraps AI Inventory Tool After Counting Errors
May 22, 2026  |  Artificial Intelligence

Starbucks stopped using an artificial intelligence app for counting inventory after finding that the program miscounted and mislabeled items, Reuters reported Thursday (May 21). Get...

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Bumble Replaces the Swipe With an AI Matchmaker
Bumble Replaces the Swipe With an AI Matchmaker
May 22, 2026  |  Artificial Intelligence

Most people who download a dating app delete it within a month. The ones who stay describe spending hours swiping through profiles without finding anyone...

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Banks Risk Missing the Subprime Consumer Comeback Story
Banks Risk Missing the Subprime Consumer Comeback Story
May 22, 2026  |  Consumer Finance

Subprime consumers are navigating the credit markets through a mix of installments, informal borrowing and carefully managed payment behavior that traditional scoring models do not...

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79% of Firms Now Verify Identity at Login
79% of Firms Now Verify Identity at Login
May 22, 2026  |  Digital Identity

Agentic artificial intelligence may soon test the weakest point in a company’s identity system, but PYMNTS Intelligence data suggest the strongest defense may be a...

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Main Street Merchants Run More of Their Business by Phone
Main Street Merchants Run More of Their Business by Phone
May 22, 2026  |  SMBs

Retail has evolved from a brick-and-mortar storefront to an anywhere, anytime experience. Get the Full Story Complete the form to unlock this article and enjoy...

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Coupa Acquires Tonkean to Expand AI Spend Management
Coupa Acquires Tonkean to Expand AI Spend Management
May 21, 2026  |  Partnerships

Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean, a deal aimed at making procurement and global trade workflows more autonomous...

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OpenAI’s Codex Helps Drive Nearly $6 Billion Quarter
OpenAI’s Codex Helps Drive Nearly $6 Billion Quarter
May 21, 2026  |  Artificial Intelligence

OpenAI generated nearly $6 billion in first-quarter revenue, a sign that demand for artificial intelligence tools is still rising even as the cost of competing...

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