PYMNTS News

New York Launches AI Safety Center Ahead of RAISE Act Deadline
New York Launches AI Safety Center Ahead of RAISE Act Deadline
November 11, 2026  |  Artificial Intelligence

New York Gov. Kathy Hochul launched a statewide artificial intelligence (AI) research and safety testing initiative on Tuesday (Nov. 10), building independent technical expertise to...

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Goldman Sees Anthropic Revenue Hitting $685 Billion by 2030
Goldman Sees Anthropic Revenue Hitting $685 Billion by 2030
November 11, 2026  |  Artificial Intelligence

Analysts for Goldman Sachs are reportedly projecting Anthropic’s revenue will reach $685 billion by 2030. That’s according to a report Tuesday (Nov. 10) from Bloomberg...

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OpenAI Revenue Hits $10 Billion as Losses Mount
OpenAI Revenue Hits $10 Billion as Losses Mount
November 11, 2026  |  Earnings

OpenAI is reportedly saddled with heavy operating losses amid a surge in revenue. The company’s revenue increased by around 50% to $10 billion between the...

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Payward Expands Its Tokenization Efforts to EU and UK
Payward Expands Its Tokenization Efforts to EU and UK
November 11, 2026  |  Blockchain

Kraken owner Payward is expanding its tokenization efforts in Europe and the U.K. xStocks, Payward’s tokenized equities framework, has deployed its first set of tokenized...

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ByteDance Builds Assistant to Take on US AI Labs
ByteDance Builds Assistant to Take on US AI Labs
November 11, 2026  |  Artificial Intelligence

ByteDance is developing an artificial intelligence agent similar to Meta’s Muse, Bloomberg reported Wednesday (Nov. 11). The effort by the Chinese tech giant could close...

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VerticalScope Turns 2 Billion Forum Posts Into AI Shopping Revenue
VerticalScope Turns 2 Billion Forum Posts Into AI Shopping Revenue
November 11, 2026  |  Artificial Intelligence

VerticalScope is using artificial intelligence (AI) to turn conversations across more than 1,200 online communities into shopping revenue, as declining search traffic puts pressure on...

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Square Lets Merchants Accept Bitcoin and Receive Dollars
Square Lets Merchants Accept Bitcoin and Receive Dollars
November 11, 2026  |  Bitcoin

Bitcoin has spent much of its existence trying to become a payment method. The launch this week by Square of always-on Bitcoin payment capabilities for...

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Chime and Affirm Show the Trade-Offs Behind Credit Growth
Chime and Affirm Show the Trade-Offs Behind Credit Growth
November 11, 2026  |  Alternative Credit

FinTechs are expanding their lending businesses from two places customers already visit: the app where their paychecks land and the card they bring to the...

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Deutsche Bank Brings Crypto Custody Service Online
Deutsche Bank Brings Crypto Custody Service Online
November 11, 2026  |  Cryptocurrency

Deutsche Bank on Wednesday (Nov. 11) made its digital asset custody service available to paying clients. That’s per a report from Reuters, which noted this...

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