OpenAI Secures Financial Flexibility with $10 Billion Liquidity
OpenAI acquired a $4 billion credit facility to enhance liquidity. Company's valuation rose to $157 billion after securing $6.6 billion…
Coinbase Expands Cryptocurrency Payment Options for Businesses
Coinbase promotes crypto payments for businesses with innovative solutions. PayPal uses PYUSD for efficient B2B transactions with EY. AI and…
SoftBank Invests in AI Amidst Masayoshi Son’s Vision for Future Growth
SoftBank invests $500 million in OpenAI for AI advancements. Masayoshi Son praises OpenAI's GPT-o1 models' reasoning abilities. Son envisions AI…
Uber Partners with Avride for Autonomous Delivery and Ride Services
Uber partners with Avride for autonomous delivery and ride services. Initial rollout in Austin, expanding to Dallas and Jersey City.…
Amazon and Target Retain Holiday Hiring Levels
Amazon and Target maintain previous year's holiday hiring levels. Economic uncertainty influences cautious consumer spending behaviors. Retailers implement early sales…
Artificial Intelligence Companies Garner Significant Investments
AI companies secure unprecedented funding, highlighting investment confidence. OpenAI, Poolside, and HPC-AI Tech lead with significant financial backing. Efforts focus…
Zum Rails and Fiserv Collaborate to Enhance U.S. Payment Services
Zum Rails partners with Fiserv for U.S. payment enhancements. The partnership simplifies embedding financial services for businesses. Businesses gain access…
BigCommerce Appoints Travis Hess as New CEO
Travis Hess is the new CEO of BigCommerce. Hess's appointment aims to drive growth and innovation. AI tools are reshaping…
Ripple Continues Legal Battle Against SEC Over XRP Ruling
Ripple is set to continue its legal battle with the SEC. The SEC appeals a ruling on XRP's security status.…
Klarna Rebrands Checkout Service to Kustom
Klarna rebrands its checkout service to Kustom for increased customization. Kustom partners with Stripe to expand payment options for merchants.…
