Twenty-nine nations formalized the establishment of the World Artificial Intelligence Cooperation Organization (WAICO) on Thursday (July 16), according to Reuters, marking a significant step by Beijing to institutionalize its influence over the global digital economy and the rules governing emerging technologies. Get the Full Story...
Chinese artificial intelligence startup Moonshot is reportedly preparing to launch Kimi K3, an open-weight model expected to rival Anthropic’s flagship systems while costing a fraction as much to run. It could mark the company’s boldest challenge yet to U.S. AI leadership. Get the Full Story...
Industrial robots have historically gone where products are rigid, standardized and produced at scale. Automotive and electronics dominate global installations because their materials and sequences lend themselves to mechanical repetition, the International Federation of Robotics (IFR) reported in its World Robotics 2025 report. Get the...
As companies in the United States reel from the sticker shock of token-based artificial intelligence pricing, some are turning to lower-cost Chinese models, setting off alarms among U.S. lawmakers and national security officials. Get the Full Story Complete the form to unlock this article and...
April 11, 2025
When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is shaking the foundations of retail planning. The announcement, citing the need to maintain pricing flexibility amid newly implemented tariffs, is emblematic of the intense pressure facing multinational retailers in a […]
April 10, 2025
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias...
January 28, 2025
Chinese AI startup DeepSeek’s deeply discounted foundation models could herald lower prices for businesses seeking to adopt AI — by removing one of the biggest blockers to enterprise deployment. Get...
January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it...
July 21, 2026
The White House is weighing a crackdown on China’s alleged “IP theft” of artificial intelligence models in the United States, Treasury Secretary Scott Bessent said in an interview with Fox Business Tuesday (July 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]
July 16, 2026
Twenty-nine nations formalized the establishment of the World Artificial Intelligence Cooperation Organization (WAICO) on Thursday (July 16), according to Reuters, marking a significant step by Beijing to institutionalize its influence...
July 16, 2026
Chinese artificial intelligence startup Moonshot is reportedly preparing to launch Kimi K3, an open-weight model expected to rival Anthropic’s flagship systems while costing a fraction as much to run. It...
July 07, 2026
China is reportedly considering a ban on overseas access to its most advanced artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and enjoy...
