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Payment Networks Use Earnings Season to Press Their Case on Stablecoins
Even as policymakers continue to refine the rules of the road for stablecoins, earnings season offered a clearer view of how the payment networks are already moving from concept to execution. ...

Peloton lays off 11 percent of its staff just a few months after launching its AI hardware
Peloton said on Friday that it's cutting around 11 percent of its staff, mostly impacting "engineers working on t...

The Vitamin Shoppe Opens AI-Driven Innovation Store in NYC
The Vitamin Shoppe on Wednesday (Jan. 28) opened a new Innovation Store on New York City’s Upper East Side, using artificial intelligence and digital tools to help consumers discover, evaluate and p...

Amazon Job Cuts Deliver Another Blow to Seattle Area’s Tech Workforce
Amazon’s job cuts announced this week delivered another blow to the tech labor force in the company’s headquarters city of Seattle, which was already losing jobs, Bloomberg reported Friday (Jan....

Fipto Secures Crypto-Asset Service Provider License
Fipto, a provider of regulated payment infrastructure for stablecoins, now has both a Payment Institution (PI) license and a full Crypto-Asset Service Provider (CASP) license. The company a...

Cardano secures $70B liquidity injection that finally solves the network’s biggest missing piece for investors
On Jan. 30, Cardano founder Charles Hoskinson announced that he has signed an integration agreement to bring USDCx, a Circle-linked stablecoin product, to the Cardano ecosystem. The infrastructure mov...

Elavon Introduces Payments App Integrated With Microsoft 365 Applications
Payment processor Elavon, which is a U.S. Bank subsidiary, and Microsoft have teamed up to make it easier for businesses and professional service providers to securely send invoices and collect pa...

Arcee's U.S.-made, open source Trinity Large and 10T-checkpoint offer rare look at raw model intelligence
San Francisco-based AI lab Arcee made waves last year for being one of the only U.S. companies to train large language models (LLMs) from scratch and release them under open or partially open source l...

This tree search framework hits 98.7% on documents where vector search fails
A new open-source framework called PageIndex solves one of the old problems of retrieval-augmented generation (RAG): handling very long documents.The classic RAG workflow (chunk documents, calculate e...

Affirm Becomes Expedia Group’s Exclusive BNPL Provider in US
Affirm is now the exclusive provider of buy now, pay later (BNPL) payment options for lodging and packages on the Expedia Group brands Expedia, Hotels.com and Vrbo in the United States. ...