OpenAI Mulling $1 Trillion IPO as AI Costs Compound
OpenAI is reportedly planning what could be one of the largest-ever initial public offerings (IPOs). That’s according to a report late Tuesday (Oct.…
Pichai Says Gemini App Has 650 Million Downloads
If there were any questions about what drove Google parent Alphabet towards its first ever quarter of notching more than $100 billion…
Meta Flags Bigger 2026 AI Buildout as ‘Superintelligence’ Drive Accelerates
Meta told investors on Wednesday (Oct. 29) to brace for a step-up in infrastructure spending next year as it races…
Microsoft’s AI Bet Keeps Paying Off Across Cloud, Copilot and Code
Microsoft is no longer just a software company or even a cloud company. It’s now an AI infrastructure provider shaping…
Balance Debuts AI Communication Tool for B2B Transactions
B2B commerce infrastructure platform Balance has a new tool for customers’ artificial intelligence (AI) agents. The Balance Model Context Protocol (MCP) Server,…
Etsy Focuses on ‘Harnessing AI’ as CEO Steps Aside
Etsy is continuing its focus on artificial intelligence (AI) as it names new leadership. The online marketplace released earnings Wednesday (Oct. 29) showing…
Why Context, Not Prompts, Is Key to Enterprise Reliability
AI systems only perform as well as the information they are given. When inputs are scattered, incomplete or outdated, even…
Worldpay Brings Support for OpenAI’s Agentic Commerce Protocol
Payment technology provider Worldpay is now supporting OpenAI’s Agentic Commerce Protocol (ACP). As the company noted in a news release Wednesday (Oct. 29), this is an…
Nvidia Reaches ‘Unimaginable’ $5 Trillion Valuation
Chipmaker Nvidia is now the world’s first $5 trillion company. The tech giant had been on pace to reach that milestone before…
Booking Holdings Says Gen AI Tools Increase Conversions and Reduce Cancellations
Booking Holdings is seeing early results from the generative artificial intelligence (gen AI) solutions it offers across its travel and related…
Tech Giants Deepen AI Bets Across Creative, Enterprise and Cloud Platforms
Moves from Adobe, Oracle, OpenAI and Google highlight how enterprise tech is doubling down on artificial intelligence (AI) in workflows,…
Nvidia and Nokia Form $1 Billion Communications Pact
Nvidia is investing $1 billion in Nokia through a partnership with the Finnish tech company. The partnership, announced Tuesday (Oct. 28), involves the addition of Nvidia-powered, commercial grade artificial intelligence…
UnitedHealth Revenue Rises 12% Amid AI Investments
UnitedHealth Group says tech investments are key to its ongoing turnaround strategy. The insurer announced quarterly earnings Tuesday (Oct. 28) showing consolidated revenues of $113.2…
OpenAI Strikes Deal With Microsoft in For-Profit Switch
OpenAI has completed its restructuring, pushing longtime benefactor Microsoft’s valuation north of $4 trillion. The artificial intelligence (AI) startup announced Tuesday (Oct. 28) that it…
How Vanguard Turned AI Ambition Into $500 Million in Value
Vanguard Group has turned artificial intelligence from a pilot program into a profit engine, generating more than $500 million in…
BILL Debuts AI Agents Focused on Small Business Needs
Finance platform BILL has launched a suite of AI agents for small businesses. The new offering, announced Tuesday (Oct. 28) includes features that autonomously…
Musk Unveils AI-Powered Wikipedia Challenger Grokipedia
Elon Musk has launched Grokipedia, an artificial intelligence (AI)-powered version of Wikipedia. The online encyclopedia, which launched Monday (Oct. 27), is designed…
Experian Exec Says Trust Must Learn Like Machines
The question confronting global enterprises today is no longer whether AI can make transactions faster or smarter, but whether it…
i2c Says Complacency, Not Fraud, Is the Real Threat
The fraud landscape in payments is evolving faster than many financial institutions can adapt. For Matthew Pearce, vice president of Fraud…
OpenAI Expands eCommerce Plans With PayPal Partnership
PayPal has struck a partnership with OpenAI to embed its digital wallet into ChatGPT. The arrangement will see PayPal adopt the Agentic Commerce Protocol…