It’s said the house always wins in gambling. But as sports betting and iGaming statistics and algorithms continually improve, the favorite often wins, too. That was the news that DraftKings executives shared Friday (May 9) on the company’s first-quarter 2025 earnings call, explaining to investors...
Artificial intelligence-powered tools for restaurants are showing promising early results, Toast said Thursday (May 8) during the company’s first-quarter earnings call. Toast, which provides a digital technology platform for restaurants and is expanding into other verticals, is piloting an AI agent and assistant called Sous...
OpenAI is reportedly envisioning a future where it shares less revenue with longtime benefactor Microsoft. The artificial intelligence startup has an agreement with Microsoft to share 20% of its top-line revenue. However, OpenAI told investors it expects to share just 10% of its revenue with...
French startup Mistral AI introduced a new chatbot for companies amid an uptick in revenue. Co-founder and CEO Arthur Mensch addressed the revenue growth in comments to reporters, Reuters reported Wednesday (May 7). “In the last 100 days, we have tripled our business, in particular...
May 14, 2025
In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts. Since then, however, the push toward using apps and mobile devices for everyday financial needs has been less wave than tsunami, and for platforms linking with banks to deliver a […]
May 06, 2025
Fidelity National Information Services (FIS) said during a Tuesday (May 6) first-quarter earnings report that it continues to see strong demand from banks to modernize their core banking systems. Executives...
April 24, 2025
Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending acquisition by Capital One. An...
March 13, 2025
The hospitality industry is built on service, but the hotel experience has remained largely unchanged for decades. Guests arrive at a front desk, provide identification, hand over a credit card...
May 09, 2025
Artificial intelligence-powered tools for restaurants are showing promising early results, Toast said Thursday (May 8) during the company’s first-quarter earnings call. Toast, which provides a digital technology platform for restaurants and is expanding into other verticals, is piloting an AI agent and assistant called Sous Chef and an intelligence engine called ToastIQ. In prepared remarks […]
May 07, 2025
OpenAI is reportedly envisioning a future where it shares less revenue with longtime benefactor Microsoft. The artificial intelligence startup has an agreement with Microsoft to share 20% of its top-line...
May 07, 2025
French startup Mistral AI introduced a new chatbot for companies amid an uptick in revenue. Co-founder and CEO Arthur Mensch addressed the revenue growth in comments to reporters, Reuters reported...
April 24, 2025
Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky. Net revenues reached $887 million in the...
