OpenAI on Friday (Feb. 27) confirmed it has raised $110 billion in new funding from Amazon, Nvidia and SoftBank, in one of the largest private capital raises in technology history, as the company moves to secure the compute and infrastructure needed to scale advanced AI...
Barclays is looking to build a blockchain platform that could handle stablecoin payments and tokenized deposits, Bloomberg reported Friday (Feb. 27), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Project Prometheus, an artificial intelligence lab co-founded by Amazon founder Jeff Bezos and former Google executive Vikram Bajaj, is raising “tens of billions of dollars” to buy businesses disrupted by AI and then use the technology to improve their margins, the Financial Times reported Thursday...
Artificial intelligence (AI) in the service of agentic commerce searches for products, compares prices, negotiates terms and, in some cases with agents, executes transactions on behalf of individuals and businesses. Payment approvals, merchant onboarding and recurring bill pay are increasingly embedded in automated decision loops....
Duolingo said Thursday (Feb. 27) that it plans to shift its focus from financial growth to user growth amid a challenge posed by artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Stablecoins are out there; now they just need to work. The next phase for stablecoins may focus less on issuance and more on interoperability in practice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The corporate front desk and the internal help desk are becoming faster, smarter and always on. New data from RingCentral and ServiceNow shows AI systems handling inbound calls and resolving IT tickets at scale. Get the Full Story Complete the form to unlock this article...
InComm Payments and SKUx announced Friday morning (Feb. 27) a strategic partnership to improve how digital payments are distributed for humanitarian aid and other applications for emerging markets. The announcement lands as disaster recovery funding faces tighter scrutiny, shifting more responsibility to state and local...
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