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News
Google Eyes $1.5 Billion Mechanize Deal to Enhance AI Coding
1+ hour, 13+ min ago (391+ words) Google is in talks with artificial intelligence coding agent startup Mechanize to hire some of Mechanize’s talent and sign a non-exclusive licensing agreement for the company’s technology, Business Insider reported Wednesday (Aug. 5), citing unnamed sources. The potential deal is worth…...
Fiserv and Stuut Team to Bring AI Agents to Accounts Receivable
3+ hour, 33+ min ago (396+ words) With this collaboration, the companies will help eligible enterprise finance teams modernize manual and “fragmented” B2B receivables processes where available, Fiserv said in a Wednesday (Aug. 4) news release. “Businesses are increasingly looking for ways to improve customer experiences while optimizing working…...
Albertsons Lets Safeway Customers Shop Using ChatGPT
3+ hour, 43+ min ago (391+ words) The company on Wednesday (Aug. 5) introduced a new Safeway plugin that lets shoppers find products, evaluate options within the artificial intelligence (AI) chatbot. “We are on a mission to power our customers at every touchpoint with AI to deliver a…...
Toast Adds Record 9,500 Restaurants While Betting Big on AI
4+ hour, 43+ min ago (301+ words) That message framed Toast’s second quarter earnings call after the company reported record net location growth and another quarter of double-digit gains across its core business. Toast CEO Aman Narang pointed to the company’s expanding customer base while emphasizing that…...
Circle Wants AI Payments to Create an Entirely New Stablecoin Market
5+ hour, 57+ min ago (365+ words) USDC is outgrowing crypto: Circulation rose 19% and transaction volume jumped 151% despite weaker digital asset markets. Circle is betting on infrastructure: Payments, Arc and AI-agent commerce are designed to diversify revenue beyond interest income. Circle’s latest earnings suggest USDC is beginning…...
JPMorgan CEO Dimon Recruits for AI Threat Prevention Alliance
6+ hour, 15+ min ago (390+ words) JPMorganChase CEO Jamie Dimon is lobbying corporations to join a new group focused on artificial intelligence risks, Reuters reported Wednesday (Aug. 5). Dimon personally contacted the CEOs of other large banks and major regional lenders, as well as IT companies, according…...
Anthropic and OpenAI Agents Accused of Social Engineering
4+ hour, 54+ min ago (298+ words) The discoveries were made during tests of models from Anthropic and OpenAI, the United Kingdom’s AI Security Institute (AISI) wrote in a Tuesday (Aug. 4) blog post. The findings stemmed from an investigation that began last month when AISI’s security team…...
Colorado Pares Back AI Law as FTC Raises New Questions About State Regulation
6+ hour, 21+ min ago (195+ words) According to an analysis by McDermott Will & Schulte, the combined developments leave businesses navigating an increasingly complex regulatory landscape even as Colorado eases many of the compliance burdens contained in its original AI statute. One of the most significant takeaways…...
Upstart Loan Originations Jump 50% as It Preps Bank Launch
7+ hour, 40+ min ago (480+ words) Digital lender Upstart saw loan originations jump 50% as it prepares to launch its bank. The company reported earnings Tuesday (Aug. 5) showing revenues of $365 million, a 42% increase over the same quarter in 2025. Loan originations came to $4.2 billion, with Upstart originating a…...
AI Finds the Deal, Shoppers Still Make the Call
9+ hour, 15+ min ago (95+ words) When it comes to retail shopping, consumers are largely using artificial intelligence as a shortcut through the growing complexity of eCommerce rather than as a replacement for making their own decisions. While AI is finding its strongest role in tasks…...