Speed Becomes the Product as OpenAI and Google Sell Faster AI
OpenAI and Google released faster AI models this week, positioning speed as a core product feature. OpenAI introduced an Ultrafast tier currently available as a preview to a limited group.
Read full story →Mastercard Offers Brazilian Acquirers 50% Payout and Services in Will Bank Dispute
Mastercard proposed paying 50 percent of the amount Brazilian merchant acquirers demanded following Will Bank's collapse. The company also offered to provide services to the affected firms as part of the settlement proposal.
Nvidia Uses $500 Billion Financing Initiative to Dispel AI Bubble Fears
Nvidia announced a $500 billion financing initiative to ensure adequate funding availability for AI startups and companies purchasing its chips. The program aims to address investor concerns about an AI bubble while simultaneously expanding Nvidia's customer base.
PayPal Discussing Sale to Stripe After Rejecting First Offer
PayPal is negotiating a potential sale to a group including Stripe and Advent International at a price higher than their July offer. The two sides have been in talks since July when the initial proposal was made.