Amazon Completes $50 Billion Investment in OpenAI
Amazon completed a $50 billion investment in OpenAI that the two companies announced in February. Amazon said in…
Microsoft Extends Data Center Lifespans to Soften AI Costs
Microsoft reported strong growth in its cloud and artificial intelligence businesses while also working to moderate the impact…
Age and Income Miss the Real Divide in Financial Health
Two consumers can share a generation, an income bracket and many of the same expenses while occupying markedly…
PayPal Shifts Its Comeback From Checkout to the Wallet
PayPal’s turnaround hinges on a digital rebuild that includes stabilizing the checkout button consumers know today while preparing…
X Money Makes Debut For Premium Subscribers
Elon Musk’s “everything app” vision is one step closer to reality, though not yet for everyone. X Money,…
DeepSeek Reportedly Suspends Funding Round Ahead of IPO
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. That’s according to a report…
Card Delinquencies Creep Up as Consumers Rely More on Credit
American card delinquencies ticked up in June amid a downturn in charge-offs at major banks. That’s according to…
Verizon Lands $1 Billion AI Infrastructure Deal With Google
Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to…
Apple to Add Virtual Shopping Assistant to App Store
Although no official announcement has been made, a report Wednesday (July 22) from the website Apple Insider pointed…
Why Digital Wallets Matter More Than Crypto for Credit Unions
Credit unions have an unusual digital asset dilemma. Most members are not asking them to become cryptocurrency exchanges,…
40% of Digital Bank Users Choose Mobile Wallets Over Plastic
Digital bank customers are turning the mobile wallet from a convenience into their default way to pay. That…
Bank of America Equips Customer Service Reps With Gen AI
Bank of America has added new generative artificial intelligence capabilities to EricaAssist, an AI agent that works alongside the…