PYMNTS News

Meta’s $35 Billion Bet on AI Fuels the Tech Arms Race
Meta’s $35 Billion Bet on AI Fuels the Tech Arms Race
April 26, 2024  |  artificial intelligence

Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling an aggressive push in the escalating tech arms race. Get the...

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Iris Partners With Amazon Business on Procurement for UK Schools
Iris Partners With Amazon Business on Procurement for UK Schools
April 26, 2024  |  Partnerships

Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process.  Get the Full...

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Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation
Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation
April 26, 2024  |  Partnerships

In today’s digital age, the combination of innovative financial products and a loyal, international fanbase holds the potential for significant market disruption. Get the Full...

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ByteDance Says It ‘Doesn’t Have Any Plan to Sell TikTok’
ByteDance Says It ‘Doesn’t Have Any Plan to Sell TikTok’
April 26, 2024  |  Social Commerce

ByteDance reportedly will not sell its U.S. TikTok business, even if it loses its legal battle in the United States. Get the Full Story Complete the form to...

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This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
April 26, 2024  |  artificial intelligence

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information...

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Making Sense of: How America’s CHIPS Act Fuels Domestic Innovation
Making Sense of: How America’s CHIPS Act Fuels Domestic Innovation
April 26, 2024  |  Technology

American companies are outpacing European ones on innovation and technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
April 26, 2024  |  Retail

With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for its tenth-ever Prime Day savings event, as Doug Herrington, CEO of...

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Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
April 26, 2024  |  Economy

The latest data on personal consumption notes that spending is outpacing the growth in disposable income. Get the Full Story Complete the form to unlock...

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Elon Musk’s xAI Close to Raising $6 Billion
Elon Musk’s xAI Close to Raising $6 Billion
April 26, 2024  |  artificial intelligence

Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. Get the Full Story Complete the form to unlock...

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