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Payments infrastructure provider Acquired.com has launched a partnership with Visa in the U.K.
The collaboration, announced Wednesday (Jan. 21), is designed to bring to market Visa A2A, an account-to-account (A2) payment solution, for recurring and variable payments.
“Recurring payments underpin lending, insurance, utilities, and collections; but while direct debit is low-cost, it’s...
Amazon has launched an artificial intelligence (AI) assistant for its One Medical app.
The agentic AI tool, announced Wednesday (Jan. 21), is designed to help with things like answering health questions, scheduling appointments and managing medications.
“The U.S. health care experience is fragmented, with each provider seeing only parts of your health puzzle,” said Neil Lindsay, senior...
President Donald Trump’s wide-ranging address at the World Economic Forum in Davos on Wednesday (Jan. 21) drew headlines for its geopolitical content but was also notable for its coverage of key domestic economic themes.
Embedded in the speech were repeated references to the U.S. economy and the pressures facing American households. In remarks spanning inflation, credit cards,...
The information economy has found its version of a casino with prediction markets.
In today’s era of uncertainty, geopolitical instability, rapid technological change and other destabilizing macro forces, the ability to aggregate and price collective belief is being positioned as one of providing tangible value in the real-world by purpose-built platforms like Polymarket and Kalshi, as...
Royal Bank of Canada and some other banks reportedly launched a loan tied to the takeover of TreeHouse Foods, which supplies Walmart private-label food and beverages, by Investindustrial.
The financing package is a seven-year, $1.25 billion term loan tied to the deal and includes $550 million of other secured debt, Bloomberg reported Wednesday (Jan. 21).
Leveraged buyout financings...
Artificial intelligence startups OpenAI and Anthropic will be competing for enterprise clients this year, CNBC reported Wednesday (Jan. 21).
Both companies are looking to increase their market share in this segment, the report said, citing interviews with company executives.
OpenAI Chief Financial Officer Sarah Friar told CNBC in an interview that she expects the share of OpenAI’s...
Cross-border payments are increasingly wearing two hats for growth-oriented businesses.
On the one hand, as digital payment rails proliferate, cross-border optimization has evolved into a growth lever that determines how fast a company can enter new markets, how well it can serve global customers, and how credibly it can partner with banks, FinTechs and regulators.
On the other hand,...
OpenAI is reportedly working to expand the reach of its products in countries without widespread artificial intelligence (AI) access.
This initiative, dubbed “OpenAI For Countries” aims to push governments to construct more data centers and lobby for greater AI use in fields like health, education and disaster preparedness, Reuters reported Wednesday (Jan. 21).
“Most countries are...
Artificial intelligence is not a bubble; it’s an opportunity that everyone should get involved in, Nvidia CEO Jensen Huang said Wednesday (Jan. 21).
Speaking at the World Economic Forum in Davos, Switzerland, Huang said the demand for Nvidia GPUs, measured by the spot price of renting them, continues to rise due to the number of AI companies being created and the number of other...
Meta’s new artificial intelligence lab has reportedly delivered its first AI models internally.
Andrew Bosworth, the company’s chief technology officer, told Reuters Wednesday (Jan. 21) that the models created by Meta’s Superintelligence Labs team showed promise.
“They’re basically six months into the work, not quite even,” said Bosworth, who spoke with Reuters at the World Economic...