18% of Consumers Are ‘Committed’ Mobile Wallet Users
Global payments are being driven by a generational shift toward mobile wallets that began with young consumers and…
Perplexity Wants to Add Its Comet AI Browser to Smartphones
Search engine startup Perplexity AI reportedly hopes to add its browser to smartphones. The artificial intelligence (AI) company…
Block Joins S&P 500 as Crypto’s Mainstreaming Marches On
That’s per a Friday (July 18) report by Bloomberg News, which positions the news as a milestone for…
Musk Hints at Kid-Friendly Version of AI Chatbot Grok
Elon Musk’s artificial intelligence (AI) chatbot is about to spawn a new generation. “We’re going to make Baby…
Real-Time Payments Spur Growth in Multi-Rail Access
The demand for instant payments has never been greater in the United States. Financial institutions (FIs) increasingly see…
MIT Student Invents Breakthrough Art Restoration Technique
Ever since he was a child, Alex Kachkine has been fascinated by paintings. He would visit museums and…
Citi and Ant International Pilot FX Risk Management Solution
Citi and Ant International are piloting a jointly developed, artificial intelligence-enhanced foreign exchange (FX) risk management solution designed…
Consumer Sentiment Rose in July, but Inflation Concerns Continue
Consumer sentiment inched up in July to reach its highest level in five months, though it remained below…
Meta Rejects European Commission’s AI Code of Practice
Meta will not sign the European Commission’s code of practice for general-purpose AI models, Chief Global Affairs Officer…
OpenAI Transforms ChatGPT Into an AI Agent
OpenAI is rolling out a major update that transforms ChatGPT from a conversational AI tool into a fully…
AI Set to Reshape Labor Market
The Federal Reserve is not only studying how artificial intelligence (AI) is affecting the economy but also deploying…
AI Demand Has Wall Street Snatching Up Utility Companies
Wall Street investment giants are reportedly purchasing utilities amid the ongoing AI boom. The goal, as The New…