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Augment raised $85 million in a Series A funding round to accelerate the development of its artificial intelligence teammate for logistics, Augie.
The company will use the new capital to hire more than 50 engineers to “push the frontier of agentic AI” and to expand Augie into more logistics workflows for shippers, brokers, carriers and distributors, according to a Sept. 4 press release...
The B2B sector’s markets move slowly compared to consumer trends, yet when change comes, it tends to reshape the foundations of how companies buy, sell and compete.
This week, the converging signals of digital acceleration across payments and finance operations became nearly impossible to ignore. From back-office software for small- to medium-sized businesses (SMBs) to treasury...
Stripe plans to launch Stripe Capital in Australia in the coming months, saying this move will give the country’s eligible small and medium-sized businesses (SMBs) access to business financing through the Stripe platform.
The programmable financial services company also announced at the Stripe Tour Sydney that it now supports more than 1 million businesses of all sizes across Australia...
North Carolina has launched what it calls the country’s first in-vehicle toll payment pilot program.
This initiative, announced by the North Carolina Turnpike Authority (NCTA) Thursday (Sept. 11), is being carried out in partnership with Volvo and Mastercard.
According to the NCTA’s announcement, the program lets Volvo drivers pay tolls directly through their car’s infotainment system...
Wharton Business School professor and WisdomTree chief economist Jeremy Siegel said bitcoin could challenge the U.S. dollar as the world’s main reserve currency.
Speaking on CNBC, Siegel said bitcoin is “a threat,” The Economic Times reported Tuesday (Sept. 9).
Siegel said, per the report, that bitcoin could challenge the dollar because crypto-based systems may offer a faster, more...
The Federal Trade Commission (FTC) is investigating the effect of artificial intelligence (AI) chatbots on children and teens.
The commission announced Thursday (Sept. 11) that it was issuing orders to seven providers of AI chatbots in search of information on how those companies measure and monitor potentially harmful impacts of the technology on young people.
The companies in...
Delta Air Lines has reaffirmed its earnings forecast based on ongoing travel demand.
The company made this announcement Thursday (Sept. 11), while also raising its projections for third quarter revenue through September, from 0% to 4% growth to 2% to 4%.
It’s a much rosier projection than the one airlines offered earlier in the year, as White House tariffs and budget cuts helped dampen...
Kroger saw sales tick up in its second quarter as shoppers continued to cautiously spend.
The grocery giant released earnings Thursday (Sept. 11) showing a 3.4% increase in sales, compared to 1.2% during the same quarter last year. Speaking during an earnings call, interim CEO Ron Sargent said this trend is happening as consumers are eating at home more often.
“But I think at the same...
Capital One reportedly sued the Federal Deposit Insurance Corp., alleging that the regulator overcharged the bank by $149.2 million during a special assessment meant to make up for the deposit insurance fund’s losses resulting from the collapses of Silicon Valley Bank and Signature Bank in 2023.
The bank alleged in a complaint filed Wednesday (Sept. 10) that the FDIC inflated the...
If there’s a single pattern emerging across 2025’s retail varied landscape, it’s this: businesses are doubling down on what increases loyalty, reduces friction and amplifies their flywheel effect.
Against this backdrop, the obstacles are growing steeper for anyone trying to match Amazon on scale, speed and ecosystem integration. And that includes Walmart.
After all, Amazon’s tech...