Technology news and trends

Cooperating AI Agents Could Redefine How Consumers Shop and Sell

December 02, 2024
AWS CEO: Companies Zero In on Most Valuable AI Applications
artificial intelligence // December 02, 2024

Two years into the generative artificial intelligence (AI) boom, CEOs and chief information officers are looking to focus on the use cases that deliver the best return on investment, Amazon Web Services (AWS) CEO Matt Garman told The Wall Street Journal (WSJ). Garman said that...

Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech
Investments // December 02, 2024

AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. The investment — from Amazon founder Jeff Bezos and Samsung — values the company at roughly $2.6 billion, Bloomberg News reported Monday (Dec. 2). Tenstorrent plans to use the funding to expand its engineering...

71% of German Consumers Used a Digital Wallet in the Past Year
Digital Payments // December 02, 2024

Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a digital wallet in some way in the past year. A PYMNTS Intelligence report, “Digital Wallets Beyond Financial Transactions: Germany Edition,”...

CEO Interview: Squire Creates New ‘Operating System’ for Neighborhood Barbershops
Connected Economy // December 02, 2024

There’s no shortage of business model innovation enabled by SaaS technology. It makes entering new markets easier. It makes data more accessible, a critical feature in the age of GenAI. It allows companies to scale up and down with agility. Perhaps one of the innovations...

Interviews & Exclusives
Cooperating AI Agents Could Redefine How Consumers Shop and Sell

December 02, 2024
A new venture aiming to connect AI services across platforms could transform everyday commerce by letting virtual shopping agents compare prices, schedule deliveries and handle customer service across multiple retailers and websites. The vision of /dev/agents, which just landed $56 million in funding at a $500 million valuation, points to a future where artificial intelligence (AI) […]

71% of German Consumers Used a Digital Wallet in the Past Year

December 02, 2024
Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a digital wallet in some way...

CEO Interview: Squire Creates New ‘Operating System’ for Neighborhood Barbershops

December 02, 2024
There’s no shortage of business model innovation enabled by SaaS technology. It makes entering new markets easier. It makes data more accessible, a critical feature in the age of GenAI....

B2B Payments Enter a New Era of Innovation and Transformation

December 02, 2024
Now that the B2B Payments: Outlook 2030 event has been recorded, published and analyzed, it’s time to review its content and revisit some of its high points. You’ll find both in...

Quick Reads
AWS CEO: Companies Zero In on Most Valuable AI Applications

December 02, 2024
Two years into the generative artificial intelligence (AI) boom, CEOs and chief information officers are looking to focus on the use cases that deliver the best return on investment, Amazon Web Services (AWS) CEO Matt Garman told The Wall Street Journal (WSJ). Garman said that “almost every” one of these executives has done at least […]

Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech

December 02, 2024
AI chip startup Tenstorrent has reportedly raised $700 million in its quest to challenge Nvidia. The investment — from Amazon founder Jeff Bezos and Samsung — values the company at roughly $2.6...

Amazon and SAP Team to Help BBC’s Cloud Move

November 27, 2024
Amazon Web Services says it’s helping the U.K.’s most famous broadcaster move to the cloud. The British Broadcasting Corp. (BBC) will embark on this transformation using RISE with SAP on...

OpenAI Targets $100 Billion Revenue Amid AI Spending ‘Paradigm Shift’

November 27, 2024
OpenAI is reportedly bolstering sales staff amid a “paradigm shift” in corporate AI spending. In an interview with The Information Wednesday (Nov. 27), OpenAI Chief Commercial Officer Giancarlo “GC” Lionetti said the company hopes to...