Meta’s Muse AI assistant could reportedly generate revenues of more than $27 billion by 2030. That’s according to a Tuesday (Oct. 6) report by Reuters, citing an analysis by Citi which argues Muse is increasingly serving as the “front door to the internet.” The artificial intelligence (AI) assistant...
Global supply chain pressures inched up in September, reaching their highest level since the recent peak seen in May, according to the Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI). The GSCPI rose to 1.28 in September, up from an upwardly revised 1.20 in August. The A...
CrowdStrike says it is seeking applicants for its fourth annual Cybersecurity Startup Accelerator. The program, run in tandem with Nvidia and Amazon Web Services (AWS), is designed for “startups building the future of cybersecurity for the agentic era,” CrowdStrike said in its announcement Tuesday (...
Stablecoins have spent the past year and a half acquiring nearly everything an emerging payments technology is supposed to need to go mainstream. Clearer regulation, check; more institutional backing, check; better infrastructure and growing support from banks, FinTechs and payment providers? Check,...
JPMorgan CEO Jamie Dimon says cybersecurity risks soared when Anthropic released its Mythos AI model. Threats related to artificial intelligence (AI) “went up 10-fold after Mythos,” Dimon said in an interview Tuesday (Oct. 6) with Bloomberg TV. “AI created vulnerabilities that we didn’t know about, ...
Anchorage Digital has acquired payments company Routable in a bid to extend its rails to the world’s biggest companies. Founded in 2017, Routable helps businesses onboard payees, automate compliance, and orchestrate high-volume payouts globally, Anchorage said in a news release Tuesday (Oct. 6). “Be...
A credit file doesn’t capture every signal lenders can use to judge whether a borrower will repay. Roughly 25 million U.S. adults lack enough recent credit activity to generate a usable score, the Consumer Financial Protection Bureau (CFPB) noted last year, as PYMNTS reported. PYMNTS Intelligence se...
Watch more: TechReg Talks With Beatrice Fares of DG FISMA and Peter Kerstens of European Commission Tokenization promises to eliminate financial market friction, but it may take new friction to get there. The transition introduces a consequential trade-off. Removing intermediaries and settlement del...
AI may be ready to shop. Consumers are still deciding how much freedom they want to give it. “Holiday Retail’s AI Test Starts With Who Gets to Hit Buy” was produced by PYMNTS following a closed-door roundtable at Mastercard’s New York technology hub. The discussion brought together senior leaders fr...
Watch more: The Digital Shift With Visa’s Pavan HS Artificial intelligence shopping agents are creating a new kind of customer at the merchant’s front door: software that may know what a consumer wants, yet arrives without many of the signals merchants have learned to trust. Pavan HS, senior directo...
Pinterest says it wants to help its beauty-focused online users employ that knowledge offline. The social media platform on Tuesday (Oct. 6) launched “Beauty Guides,” described as an artificial intelligence (AI)-powered experience that “turns hair and nail Pins into personalized, actionable guides” ...
Chinese artificial intelligence startup DeepSeek is reportedly close to raising $12 billion in a new funding round. That figure would surpass the company’s financing target as it prepares to go public next year, Bloomberg News reported Tuesday (Oct. 6). Contemporary Amperex Technology Co. and tech g...