Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July 2) based on a paywalled article by…
Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations could accelerate the adoption of AI across various commercial sectors, industry experts say. The AI company announced Tuesday it will fund third-party…
Netflix reportedly began phasing out its cheapest ad-free tier for existing subscribers after saying in January that it planned to do so. Social media users in Canada and the United Kingdom have been posting that they received…
CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken down by hackers. The company had said Monday (July 1) that some of its…
A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Geisinger’s IT vendor, Microsoft-owned Nuance, determined that a former employee…
Governments and regulators worldwide are scrambling to address the rapid rise of artificial intelligence (AI) technology. From France’s antitrust investigation into Nvidia to California’s new safety legislation and U.S. senators’…
Adobe Commerce merchants can now offer their customers Klarna’s buy now, pay later (BNPL) services and other flexible payment options. The partnership will help these merchants meet the growing demand for BNPL, the companies said in a…
At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. The ride-hailing firm is rolling out several Uber Boat options this summer, Uber said in a Tuesday (July 2) press release. In Ibiza,…
It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need to make sure the payments experience goes off with minimal friction.…
Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers, Basware said in a news release…
Trading platform Robinhood is acquiring artificial intelligence (AI) research service Pluto Capital. The purchase, as Bloomberg News reported Monday (July 1) is designed to offer Robinhood’s users more tailored investment strategies and…
Beauty brand e.l.f. has expanded its partnership with virtual world and gaming platform Roblox to include real-world commerce. In the new virtual kiosk within the e.l.f. Up! experience on Roblox, which is powered by Walmart, U.S. visitors…
Apple’s devices are lasting longer, so customers don’t trade up as often. And as Bloomberg News reported Sunday (June 30), that could make the tech giant’s artificial intelligence (AI) efforts all the more important. To be clear, the…
MIT robotics professor and iRobot co-founder Rodney Brooks thinks artificial intelligence (AI) is impressive. Just not as impressive as many of its proponents have argued, Brooks told TechCrunch in an interview published Saturday (June 29)…
Amazon has reportedly hired executives from Adept AI for its artificial general intelligence (AGI) project. David Luan, Adept’s co-founder and CEO, is set to join Amazon’s AGI autonomy team, Bloomberg News reported Friday (June 28), citing…
In a world where artificial intelligence (AI) can beat chess grandmasters and drive cars, researchers may face their toughest challenge: teaching machines to tell a good joke. As AI systems grow increasingly sophisticated, tackling…
People are reportedly getting a little too friendly with chatbots. Some users are exchanging a high volume of messages with these artificial intelligence (AI)-powered tools and are in some cases attributing humanlike qualities to the…
Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office’s multiyear litigation against the ridesharing companies. The settlement includes rules on wages, benefits and protections for…
As consumers increasingly transact using voice-controlled devices, Amazon is partnering with Alicia Keys, harnessing her celebrity to boost Alexa adoption. The musical artist’s beauty brand, Keys Soulcare, created in collaboration with e.l…
A newly discovered security vulnerability in artificial intelligence (AI) systems could pose significant risks to eCommerce platforms, financial services and customer support operations across industries. Microsoft has unveiled details of…
Dating events have reportedly become increasingly popular among young people as they seek alternative ways to meet people in a world once dominated by dating apps. Attendance at dating and singles events targeted at millennials and Gen Z…
Apple’s iPhone sales in China reportedly rebounded after falling earlier this year. Shipments of foreign-branded phones in the country reached 5.028 million in May, up from 3.603 million a year earlier, Reuters reported Friday (June 28),…
Stripe and Coinbase have partnered to expand the global adoption of cryptocurrency and provide faster, cheaper financial infrastructure. This collaboration aims to serve businesses and people around the world, Coinbase said in a Thursday …
Chime has acquired Salt Labs to accelerate Chime’s growth through the employer channel. The resources of Salt Labs, an enterprise technology company whose flagship product is an employee rewards benefit, will help draw new members to…
Automated billing and payment solution provider FlexPoint launched a collaboration with cloud commerce marketplace Pax8. The partnership brings FlexPoint’s financial platform to the Pax8 Marketplace, according to a Thursday (June 27) press…
Accounts payable (AP) management firm Medius has introduced a pair of artificial intelligence (AI)-powered offerings. Medius Copilot is an AI assistant embedded within the company’s AP automation application, designed to assist invoice…
Credit union service organization Velera is rolling out a new onboarding and project management platform. Formerly known as PSCU/Co-op Solutions, Velera said in a Thursday (June 27) news release that the new platform offers credit unions…
Generative artificial intelligence (AI) firm Dust has raised $16 million in additional funding to expand its platform that helps companies deploy AI assistants for internal use cases. The firm will use the new funding, which was led by…
Neiman Marcus reported a data breach that affected 64,472 customers. The incident occurred on April 14 and was discovered on May 24, the retailer said in a data breach notification filed with the Office of the Maine Attorney General. The…
Consumers’ use of digital wallets is evolving beyond just making purchases, and younger generations are showing the way forward. The PYMNTS Intelligence report “Digital Wallets Beyond Financial Transactions: A Global Perspective,” created…