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PYMNTS News
AI
OpenAI Assigns 200 Employees to Develop AI-Enhanced Smart Devices
OpenAI is making significant strides in AI-powered consumer devices, with a team of over 200 people focused on developing a smart speaker, glasses, and...
AI
Rakuten AI Agent Delivers Valuable Spending Insights for Card Users
Rakuten Card Lite app users can now utilize a new artificial intelligence (AI) agent for inquiries related to their credit card statements. The AI...
AI
Pinterest Leverages AI Tools to Compete Against Chatbot Rivals
Pinterest is actively introducing artificial intelligence tools to enhance its app amid challenges in advertising revenue and competition from AI chatbots, as reported by...
AI
OpenAI and Cisco Champion Standards for Advancing Agentic AI Scalability
Agentic AI shows great potential in improving productivity and innovation, yet it faces significant trust and governance challenges. According to PYMNTS Intelligence, trust is...
AI
OpenAI Pushes Back Launch of First Consumer Device to 2027
OpenAI's entry into consumer hardware has been postponed to 2027, according to 9to5Mac, marking a significant shift in its innovative project with ex-Apple design...
AI
AI Agents Revolutionize Back Office Operations in Major Insurance Companies
Insurance companies are increasingly adopting agentic artificial intelligence (AI) systems that automate workflows across claims, underwriting, and policy servicing. Unlike traditional automation, these systems...
AI
37% of Power Users Rely on AI as Their Main Financial Tool
The conversational AI market has transitioned from a novelty phase to a structural reliance phase, as highlighted in the “Agentic AI Report” by PYMNTS...
AI
OpenAI and Udemy Collaborate to Incorporate Online Courses into ChatGPT
Udemy has partnered with OpenAI to integrate its extensive catalog of over 290,000 courses directly into ChatGPT, enhancing the platform for roughly 800 million...