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Character.AI is closing the door on under-18 users
Character.AI, an AI company, is terminating open-ended chatbot access for users under 18 by November 25 to enhance safety amid concerns over AI interactions with minors. The phase-out begins with a tw...
Amazon builds an $11 billion AI data fortress in rural Indiana
Amazon has opened an $11 billion AI data center spanning 1,200 acres in rural Indiana. The facility supports training and operation of advanced AI models from Anthropic, a company backed by Amazon, to...
Xbox faces a second straight hardware slump with sales down 29%
Microsoft’s Xbox division reported a 29% year-over-year decline in hardware revenue during early 2025, continuing a downward trend that began with a 42% drop in late 2024. This shift reflects changi...
Grammarly rebrands as Superhuman after merging with Coda and Superhuman Mail
Grammarly has rebranded as Superhuman following its acquisitions of the AI email client Superhuman and the all-in-one workspace Coda, uniting these tools with Grammarly’s core product and a new AI a...
Building Africa’s Trust Layer for Crypto
The Market Gap: Africa’s Financial FrictionAfrica’s financial systems are a paradox. Across the continent, millions of people own smartphones but lack stable access to banking. Currency depreciati...
Tokenized Credit Fund: BNY Mellon Expands into CLOs
BNY Mellon is expanding its blockchain-based asset tokenization strategy by launching a collateralized loan obligation fund. This marks the latest step in the custody bank’s measured approach to...
How Volatility Will Shape the Future of B2B Payments
Watch more: What’s Next in Payments: Boost Payment Solutions, Seth Goodman October signals a tipping point, as it’s the beginning of the last three months of the year. “October often ...
Bad Customer Service Drives 85% of Consumers to Seek Chargebacks
For years, merchants treated fraud prevention like seasonal window dressing — a necessary expense to get through the holiday rush. But this year’s PYMNTS Intelligence-Worldpay Payments Optimizatio...
PE Firm BayPine Says New Factory Floor Is Digital, and Everyone’s an Engineer
When the assembly line reshaped 20th-century manufacturing, it did more than improve productivity. It redefined what productivity meant. Tasks once limited by human dexterity became scalable through p...
Adapt or Be Automated: Finance’s 2025 Reality Check
Delaying AI carries more risk than adopting it, Ryan Frere, executive VP and general manager of B2B at Flywire, writes i...
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