Google’s parent Alphabet reported higher-than-expected earnings and revenue for the first quarter, with its core search business up nearly 10% and Google Cloud racking up a 28% gain in sales. In an earnings call with analysts, CEO Sundar Pichai highlighted the company’s artificial intelligence (AI)...
Lloyds Banking Group, one of the U.K.’s largest financial services firms, is planning to launch a consumer-facing AI agent as early as August. That’s according to Lloyds Chief Data and Analytics Officer Ranil Boteju, who said during a recent Google Cloud roundtable discussion on AI...
This week in AI saw mega-fundraising as well as states shifting their regulations to focus more on growth than risk mitigation. Meanwhile, financial service firms remain cautious on agentic AI as Google introduces its most power model yet: Gemini 2.5. Here’s what happened. OpenAI Snags...
Google Cloud and derivatives marketplace CME Group said Tuesday (March 25) that they are piloting solutions for wholesale payments and tokenization of assets. CME successfully completed the first phase of integration and testing of Google Cloud’s distributed ledger, Google Cloud Universal Ledger (GCUL), the companies said in...
April 24, 2025
Google’s parent Alphabet reported higher-than-expected earnings and revenue for the first quarter, with its core search business up nearly 10% and Google Cloud racking up a 28% gain in sales. In an earnings call with analysts, CEO Sundar Pichai highlighted the company’s artificial intelligence (AI) initiatives, particularly the success of Gemini 2.5, its most powerful […]
March 24, 2025
Enterprises are expanding their use of artificial intelligence (AI) in customer experience to encompass the entirety of the process, not just relegating it to back-office tasks. In addition to speeding...
December 26, 2024
PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and some that get a bit...
December 23, 2024
Tech executives and investors told PYMNTS that artificial intelligence will reshape retail shopping in 2025, with AI assistants offering unprecedented personalization and handling up to 20% of eCommerce tasks, from...
March 25, 2025
Google Cloud and derivatives marketplace CME Group said Tuesday (March 25) that they are piloting solutions for wholesale payments and tokenization of assets. CME successfully completed the first phase of integration and testing of Google Cloud’s distributed ledger, Google Cloud Universal Ledger (GCUL), the companies said in a Tuesday press release. The companies added that they will begin […]
March 18, 2025
After an aborted attempt last year, Google is set to acquire cloud security platform Wiz. The tech giant announced Tuesday (March 18) it would pay $32 billion to purchase Wiz, which will join Google...
February 03, 2025
When Google parent company Alphabet reports earnings Tuesday (Feb. 4), it is reportedly likely to face questions from investors about the amount it is spending on artificial intelligence (AI). The company is...
January 13, 2025
Mercedes-Benz is adding conversational capabilities to its virtual assistant with the help of Google. The expanded partnership between the carmaker and the tech giant will employ Google Cloud’s Automotive AI...