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Artificial intelligence (AI) hyperscaler Nscale reportedly aims to raise $2 billion in a funding round.
The company is talking with investors but could still decide not to proceed with a deal, Bloomberg reported Thursday (Jan. 8), citing unnamed sources.
Nscale did not immediately reply to PYMNTS’ request for comment.
The company announced in an Oct. 1 press release that it closed a $...
OpenAI has hired the three co-founders of Convogo, an artificial intelligence-powered tool for executive coaches, consultants, talent leaders and human resources teams.
While OpenAI hired Convogo co-founders Matt Cooper, Evan Cater and Mike Gillett, it did not acquire the company’s intellectual property or technology, TechCrunch reported Thursday (Jan. 8), citing an OpenAI spokesperson...
Microsoft has announced several agentic artificial intelligence (AI) solutions designed for retailers.
These solutions power automation in functions such as merchandising, marketing, store operations and fulfillment, the company said in a Thursday (Jan. 8) press release.
“With Microsoft’s agentic AI, retailers can automate what slows them down and amplify what sets them apart, enabling...
Walmart has launched a digital destination designed to help customers access health and wellness services and products.
The new Better Care Services offers access to third-party providers for urgent care and behavioral health, Eli Lilly and Company’s direct-to-consumer offering LillyDirect, and personalized food and recipe recommendations from Walmart’s artificial intelligence-powered...
As the Consumer Electronics Show (CES) 2026 continues its familiar flood of hardware launches and futuristic demos, one of the most consequential technology stories was largely invisible. It was unfolding inside warehouses, routing systems and planning software.
For DHL Supply Chain, the world’s largest contract logistics provider, logistics has become a software problem as much as a...
Apple’s services strategy is anchored in hardware, turning devices into gateways for recurring engagement across payments, commerce and content.
Financial services are increasingly part of that design, where consumers already authenticate, store credentials and transact.
That strategy’s latest chapter comes as Apple announced Wednesday (Jan. 7) that JPMorgan Chase will become the new...
Insurance fraud has always been a cost of doing business. What has changed is the speed, scale and sophistication with which it can now be committed.
Deepfakes, synthetic voice technology and artificial intelligence (AI)-generated images are reshaping the economics of fraud across insurance, forcing companies to deploy AI not as an efficiency tool but as a defensive one.
According to...
Smart glasses maker XReal reportedly raised $100 million and is now valued at over $1 billion.
The company’s latest funding came from its supply chain partners and other backers, Bloomberg reported Thursday (Jan. 8), citing a Bloomberg Television interview with XReal Co-founder and CEO Chi Xu.
PYMNTS reported in February 2025 that artificial intelligence (AI) is driving a smart glasses...
Google has supplanted Apple as the second-most valuable company by market capitalization.
That’s according to a report Thursday (Jan. 8) by Bloomberg News, which characterizes the milestone as an indication of how the company has become one of the biggest winners in the artificial intelligence (AI) race.
Google, which trades under its corporate name Alphabet, had reached a valuation of...
The holiday shopping spree has come to a close. And while returns are no doubt occupying a fair amount of time at the world’s two biggest retailers, a relatively quiet (but consumer retail-focused) week at Amazon stood in contrast to some interesting developments around AI and retail advertising data and media at Walmart.
At the Consumer Electronics Show (CES) 2026 in Las Vegas Tuesday...