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Amazon founder Jeff Bezos has reportedly launched an AI startup where he’ll serve as co-CEO.
The company, dubbed “Project Prometheus,” is launching with $6.2 billion in financing, some of it from Bezos himself, the New York Times (NYT) reported Monday (Nov. 17), citing three sources familiar with the project.
The report notes this is the first time Bezos has taken an official...
Watch more: Monday Conversation: Cox Automotive’s Jessica Stafford
Buying a car has always been a big decision wrapped in an outdated process. It’s one of the largest purchases consumers make, yet the experience still feels stuck in another era. Part research project, part paperwork marathon, and part negotiation ritual.
Today’s consumers start nearly everything online, and car buying...
The persistence of legacy accounting practices continues to make accounts payable (AP) a significant challenge for many companies. Manual processes cost time and money while delaying payments and increasing errors. However, artificial intelligence (AI) is promoting AP from the back office to the front lines of financial strategy. In 2025, organizations are using AI-driven AP innovations to...
Watch more: What’s Next In Payments: Trulioo’s Vicky Bindra
The connected economy is redrawing the map of how CEOs think about their companies’ long-term futures. It’s magnifying their near-term obligations to customers, shareholders and regulators. And it’s also reshaping how they battle fraud, verify transactions and protect data. As Trulioo CEO Vicky Bindra told PYMNTS in the “What’...
Sometimes you don’t need a ride to travel. That’s a good lesson to remember as Thanksgiving and the holidays scatter American consumers to highways and airports for their annual visits. Because in the travel category for PYMNTS app provider rankings, Couchsurfing has taken the lead.
The PYMNTS.com Travel Apps page offers a monthly ranking of smartphone Travel Apps, assessing them...
Insurance once sold peace of mind. Today, peace of mind arrives in milliseconds—or not at all. When policyholders file a claim, they are not benchmarking insurers against other carriers. They are benchmarking them against the rest of their digital lives, where money moves instantly and options are table stakes. If the payout lags, the brand suffers.
This urgency is growing as...
The velocity and scale of the Prompt Economy’s development has been fast even by AI’s standards. Making sense of that maturity curve isn’t easy but the past week has seen some notable attempts, including a maturity model from Microsoft.
In a blog post last week, the company sharpened its vision for its own use of agentic AI, saying it wants to be a “frontier AI” company. You may...
Tech stocks endured a wild ride through the past week, marked by earnings reports and volatility tied to investor sentiment over AI. The CE 100 Index slid 1.3%, as most pillars declined, save the Communications and Be Well segments, up a respective 4% and 1%.
The Pay and Be Paid listings led to the downside, giving up 4.1%.
Block said this week that it was introducing bitcoin payment...
Apple is reportedly planning its largest-ever transformation to its iPhone.
This overhaul applies to both the flagship products themselves and their traditional release schedule, Bloomberg News’ Mark Gurman wrote in a report Sunday (Nov. 16).
According to the report, Apple plans to introduce a trio of high-end models — the iPhone 18 Pro, iPhone 18 Pro Max and a new foldable — next fall...
After a bad week, bitcoin could be headed into “death cross” territory.
That’s according to a report Sunday (Nov. 16) by Coindesk, which says that phrase is a technical analysis term that could denote signs of a bearish market, as it reflects waning short-term momentum compared to longer trends.
However, the report added, a death cross can also serve as a positive signal. Bitcoin is...