Billtrust Launches Agentic AI That Recommends Optimal Outreach Strategy for Collections
Billtrust has added artificial intelligence (AI) powered collections agentic procedures to its automated collections software, Collections. The new Collections Agentic…
Snap Says $400 Million Perplexity Deal Is First Step in Building Out Its AI Platform
Perplexity will pay Snap $400 million over one year to integrate its artificial intelligence-powered answer engine into Snapchat. This integration…
AI and Cost-Cutting Lead to 175% Yearly Jump in Layoffs
Artificial intelligence (AI) and cost-reduction caused American employers to cut 153,074 jobs last month. That’s a 175% jump from October…
Apple Seeks Google’s Help in Long-Awaited Siri AI Update
Apple is reportedly nearing a $1-billion-per-year deal with Google to power its long-awaited Siri upgrade. That deal would give Apple…
Chime Targets High Earners as Everyday Essentials Fuel Card Spending
Chime Financial’s results released after the markets closed on Wednesday (Nov. 5) demonstrated double digit growth in the FinTech’s active…
77% of Chief Product Officers Use Gen AI for Cybersecurity
Generative artificial intelligence (AI) may be rewriting product playbooks, but it hasn’t yet written humans out of them. The newest…
Pattern’s First Earnings Call Highlights 46% Growth as AI Platform Scales Globally
In its first earnings call after going public, Pattern told investors Wednesday (Nov. 5) that its technology platform continues to…
OpenAI CFO Says Company’s Device Will Be ‘Multimodal’ and ‘Provocative’
OpenAI Chief Financial Officer Sarah Friar said Wednesday (Nov. 5) that the company is working on a multimodal device and…
Senate Bill Would Require Quarterly Reports on the Job Effects of AI
A bill that is set to be introduced in the Senate would require major companies and federal agencies to report…
Bank of America CEO Says AI Is Transforming How Banks Work
The technology landscape for banks is shifting fast, and Bank of America CEO Brian Moynihan said the firm’s response is…
OpenAI Marks 1 Million Business Customer Milestone
OpenAI said it now has more than 1 million business customers around the world. The artificial intelligence (AI) startup announced…
Small Models, Big Shift: How AI Is Moving Beyond Model Size
For years, progress in artificial intelligence was defined by scale and model size. Companies poured billions into training massive systems…
Google Identifies New Forms of AI-Powered Cyberattacks
State-sponsored threat fraudsters have developed malware powered by artificial intelligence (AI) that can not only generate malicious scripts but also…
United Fintech Acquires Trade Ledger to Bolster AI’s Banking Presence
Finance platform United Fintech has acquired lending automation company Trade Ledger. With this deal, United Fintech gets access to a…
Firmly Launches Platform That Eases Merchant Adoption of Agentic Commerce
Firmly has launched a platform designed to make it easier for merchants to adopt agentic commerce. The new Buy Now…
Upstart Says Originations Leap as Consumer Credit Strength Improves
Artificial intelligence (AI) lending marketplace Upstart saw growing consumer demand and steady consumer credit strength in the third quarter, executives…
Shopify President: Agentic AI Drives 11x Spike in Orders
Shopify put agentic artificial intelligence (AI) and the Prompt Economy™ at the center of its strategy on its Nov. 4…
Amazon and Perplexity Clash Over Use of Third-Party AI Shopping Agents
Amazon and artificial intelligence (AI) startup Perplexity are in a dispute over the deployment of third-party AI agents for shopping.…
Pay3 Recruits AI Agents to Conduct Stablecoin Transactions
Stablecoin payment platform Pay3 is the latest company to embrace agentic AI. The company on Tuesday (Nov. 4) unveiled its…
Anthropic Banks on Increased AI Demand for 28% Growth Jump
Anthropic has reportedly projected growth of 28% over the next three years. And by 2028, the artificial intelligence (AI) startup…