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By any conventional startup logic, raising a $70 million seed round sounds improbable. Double that improbability for a business just exiting from stealth after being founded in September.
But Gradium, a new foundational voice-AI startup co-founded by former DeepMind and Meta researchers, has never operated by conventional logic. In fact, its founders have spent the past several years...
Amazon is testing ultra-fast delivery of groceries and essential items in two U.S. cities.
The program, offering deliveries within around 30 minutes or less, is being piloted in parts of Philadelphia and Seattle, the company announced Monday (Dec. 1).
“Amazon is utilizing specialized smaller facilities designed for efficient order fulfillment, strategically placed close to where...
New applications of artificial intelligence technologies, from dynamic wallets to autonomous shopping agents, are compressing the distance across global commerce between intent and transaction to near zero.
However, for issuers, retailers and the platforms connecting them, the emergence of AI agents that can complete multistep tasks end-to-end isn’t simply another feature cycle.
It’s...
Consolidation reshapes industries of every size, from manufacturing to retail to digital markets.
For the past several years, Big Tech has become the most visible battleground for debates over market power and competition.
In an interview with Competition Policy International (CPI), a PYMNTS company, Michael Noel, professor of economics and competitive strategy at Texas Tech University...
How your job pays you as an employee is important.
Half of Generation Z workers earn hourly wages, according to PYMNTS Intelligence’s “Income Instability Is Redefining the Paycheck-to-Paycheck Economy,” the November edition of the “New Reality Check: The Paycheck-to-Paycheck Report.”
Born after 1996 and now numbering around 71 million individuals, Gen Z represents about one-fifth of...
Despite years of digital progress, many accounts payable (AP) teams still rely on manual, error-prone processes that slow payments, obscure cash flow, hinder spend management and heighten fraud exposure. Automation with artificial intelligence (AI) technology is emerging as a solution—not only accelerating invoice workflows but also enabling data-driven financial decisions at scale. While...
Banks have long treated account analysis as routine maintenance, yet new data shows it has become a decisive factor in revenue integrity and client trust. The shift is clear in the latest PYMNTS Intelligence report, which examines how modern tools are reshaping a function once seen as purely administrative.
The report, “From Back Office to Bottom Line: How Modern Account Analysis...
Instant money movement is accelerating across the U.S. economy, and nowhere is that shift more visible than in the gig economy, where workers increasingly expect to receive their earnings the moment they are issued.
The latest PYMNTS Intelligence and Ingo Payments research shows that same-day access to income has quickly moved from a convenience to a prerequisite for the workers who...
Apple moved Monday to reset its artificial intelligence (AI) leadership, announcing that longtime machine learning chief John Giannandrea will step down and that Amar Subramanya will become vice president of AI. The shake-up comes as Apple races to shore up its Apple Intelligence roadmap and Siri’s AI makeover after a year of delays, glitches and senior departures that underscored how far it...
For most of the past decade, the cloud landscape has resembled a giant, digital land grab.
Hyperscalers fought for enterprise workloads one contract at a time, while the largest providers, with Amazon Web Services (AWS) and Google Cloud foremost among them, built fortunes on tight lock-in, proprietary services, and sprawling ecosystems designed to keep customers close.
Collaboration,...