Open Source news and trends

Perplexity Proposes Open-Source Version of TikTok Algorithm
Social Commerce // March 23, 2025

TikTok’s owner ByteDance has less than two weeks to sell the social media platform. 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...

OpenAI CEO Sam Altman: Company Considering ‘Different Open-Source Strategy’
artificial intelligence // February 02, 2025

OpenAI is reportedly reconsidering its recent shift to a closed-source development approach. 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...

PayPal-Backed Formance Raises $21 Million to Grow Open-Source Ledger
Back-office // January 29, 2025

Open-source financial infrastructure provider Formance raised $21 million in a Series A funding round to grow its Ledger and other solutions that help developers build financial flows and products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Meta’s Open-Source AI Model Sparks Industry Debate on Commerce’s Future
artificial intelligence // July 29, 2024

Industry experts are debating the business impact of Meta’s free artificial intelligence (AI) model Llama 3.1, weighing its potential against practical implementation challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
Foundational Models: Building Blocks for Generative AI Applications

September 15, 2023
By Stefan Geirhofer and Scott McKinney 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 receive marketing communications from PYMNTS and to the sharing of […]

Baidu: AI Exceeds Human Natural Language Comprehension And Open Source Could Make It Even Better

March 18, 2020
Every consumer has gone through at least one iteration in their commercial life of the clunky, junky product search. Get the Full Story Complete the form to unlock this article...

Red Hat: Innovating Payments The Open Source Way

March 17, 2020
To stay competitive, especially with digital startups unencumbered by legacy systems, traditional financial institutions (FIs) need to deliver seamless customer services to individual consumers and enterprise customers alike. Get the...

What ATMs And Open Source Have To Do With Payments Innovation

March 07, 2019
It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating...

Quick Reads
Musk Says X Will Open Source Its New Algorithm

January 11, 2026
Elon Musk says his social media platform X will open its new algorithm to the public. 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 […]

Perplexity Proposes Open-Source Version of TikTok Algorithm

March 23, 2025
TikTok’s owner ByteDance has less than two weeks to sell the social media platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

OpenAI CEO Sam Altman: Company Considering ‘Different Open-Source Strategy’

February 02, 2025
OpenAI is reportedly reconsidering its recent shift to a closed-source development approach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

PayPal-Backed Formance Raises $21 Million to Grow Open-Source Ledger

January 29, 2025
Open-source financial infrastructure provider Formance raised $21 million in a Series A funding round to grow its Ledger and other solutions that help developers build financial flows and products. Get...