Generative artificial intelligence tends to grow in leaps and bounds. And increasingly, so do the companies behind the technology, including Microsoft, which reached a market valuation of $3 trillion Wednesday (Jan. 24) due to the impact of AI on investor’s appetites, consolidating its position as one of the largest public stocks. While the addition of […]
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As subscription merchants look to drive loyalty and combat churn, Monterey, California’s Switch Bakery is seeing its Bread Club build long-term relationships with customers by meeting their demand for flexible plans. In an interview with PYMNTS, Joshua Bradley, co-founder of the bakery, explained how this bread subscription program’s lower-commitment plans have helped drive year-round revenue. “Originally we […]
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Elon Musk’s AI startup, xAI, is reportedly in talks with investors worldwide, aiming to raise $6 billion in funding to compete with Microsoft-backed artificial intelligence company OpenAI. The goal is to secure fresh equity capital for xAI at a proposed valuation of $20 billion, the Financial Times (FT) reported Friday (Jan. 26), citing unnamed sources. […]
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Generative AI Solutions has launched Revere, a new company dedicated to helping marketers shape perceptions of brands in a landscape that’s being redefined by generative artificial intelligence (AI) and large language models (LLMs). Generative AI and LLMs are expected to become influential in brand representations, product opinions and purchase decisions for billions of people, the company said […]
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How a business is paid has an upstream impact on the overall B2B relationship. That’s why firms can gain a competitive edge by offering cutting-edge services, particularly around the B2B payments journey. With paper checks still tied to 40% of commercial transactions, and other B2B payment processes like wire transfers, ACH payments, trade credit and cash payments […]
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Marqeta, Torpago and Sunwest Bank launched Sunwest’s commercial credit card and expense management solution called Sunwest Visionary Card. The new bank-branded offering is enabled by Torpago’s commercial credit card and spend management solutions, Marqeta’s global card issuing platform and Sunwest’s entrepreneurial business bank, according to a Thursday (Jan. 25) press release. Torpago’s low-code/no-code Powered By […]
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