As the first major technology companies prepare to report earnings later today (Jan. 28), attention is shifting from how much Big Tech is spending on artificial intelligence (AI) to whether those investments are starting to pay off. Earnings from Microsoft and Meta Platforms are expected...
Chinese tech giant Tencent says its artificial intelligence (AI) investments have begun paying off. 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...
Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including AI, according to a Tuesday (April 8) news release. Get the Full Story Complete the form to unlock this article...
The impact of reasoning AI models from DeepSeek and OpenAI is reportedly expected to shift the focus of artificial intelligence (AI) investments while also boosting AI spending overall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
January 28, 2025
Chinese AI startup DeepSeek’s deeply discounted foundation models could herald lower prices for businesses seeking to adopt AI — by removing one of the biggest blockers to enterprise deployment. 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 […]
January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it...
February 22, 2026
OpenAI has reportedly told investors its compute costs could approach $600 billion by the decade’s end. 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, you agree to […]
January 28, 2026
As the first major technology companies prepare to report earnings later today (Jan. 28), attention is shifting from how much Big Tech is spending on artificial intelligence (AI) to whether...
May 14, 2025
Chinese tech giant Tencent says its artificial intelligence (AI) investments have begun paying off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
March 17, 2025
The impact of reasoning AI models from DeepSeek and OpenAI is reportedly expected to shift the focus of artificial intelligence (AI) investments while also boosting AI spending overall. Get the...
