This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech lag, companies are heavily investing in AI, potentially disrupting sectors like finance and manufacturing. Anthropic Launches Claude AI iPhone App Anthropic has its eyes on your iPhone. The […]
In the PYMNTS Intelligence “2024 Women’s Wellness Index,” a collaboration with CareCredit, we drew on survey insights with more than 10,000 U.S. consumers to develop a clearer picture of the many factors shaping women’s finances and their overall health and well-being. For example, we found that women are 11% more likely than men to research […]
When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy sports contest and sports betting company DraftKings, which on Friday (May 3) reported that its revenue had grown 53% year-over-year in the first quarter of 2024. “DraftKings’ performance in the first quarter of […]
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement. Yes, the decline in sales — at 4% — was better than some had feared. And […]
Online travel company Booking Holdings is seeing results from its deployment of new tech-driven initiatives. These initiatives include its “connected trip” vision, its artificial intelligence (AI) capabilities and its enhanced Genius loyalty program, Booking Holdings CEO Glenn Fogel said Thursday (May 2) during the company’s quarterly earnings call. While distinct from each other, these efforts fit together into the company’s ongoing […]
Expedia Group’s first-quarter results, released on Thursday (May 2), indicate a healthy yet more stabilized global travel market, albeit with slightly subdued gross bookings. On a call with analysts and investors, outgoing CEO Peter Kern noted that while “North America remains the slowest growing geography relative to major international markets,” the gap is narrowing post-pandemic recovery. In terms of […]
The number of small- to medium-sized businesses (SMBs) using BILL’s solutions to digitize their operations and adopt electronic payments increased by 10,000 over the past year. The total number of SMBs using these solutions increased 2% from a year ago, reaching 450,000 during the quarter ended March 31, BILL said in a presentation released Thursday […]
From Silicon Valley startups to tech giants, artificial intelligence (AI) is rapidly transforming the art of computer programming. It offers developers a powerful new toolkit to brainstorm ideas, write and refine code, and fix pesky bugs — all with the help of AI-powered assistants. As an example, the AI coding movement is getting a boost […]
Block, owner of Cash App and Square, is also a huge owner of bitcoin. This, as the company’s latest first quarter 2024 earnings results revealed that the company’s $200 million investment in bitcoin grew by around 160% and stood at $573 million at the quarter’s end. “We believe the world needs an open protocol for money, one that’s not owned or […]
Saying that its “ecosystem is our competitive strength,” Latin American payments and eCommerce powerhouse Mercado Libre reported strong Q1 revenue growth in all areas of its multifaceted business Thursday (May 2). The results were driven in part by investments made during Q1 in Mexico and Brazil. The company has five main divisions operating in 18 Latin […]
Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this artificial intelligence (AI) service may not “be used for facial recognition purposes by or for police departments in the United States,” a Microsoft spokesperson told PYMNTS Thursday in an email. […]
It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation. That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth; Tuesday (April 30) discussing the need for Main Street businesses to secure payments without creating checkout frictions that end up turning […]