AI - page 7

Alphabet Launches $80 Billion Equity Raise to Fund AI Infrastructure, With Berkshire Hathaway Committing $10 Billion
Science & Technology

Alphabet Launches $80 Billion Equity Raise to Fund AI Infrastructure, With Berkshire Hathaway Committing $10 Billion

On June 1, Google’s parent company Alphabet announced plans to raise $80 billion through a series of stock offerings, directing the proceeds toward expanding its artificial intelligence infrastructure. The announcement marks a notable moment in corporate finance history and reflects the growing capital demands of the AI industry.

PLUS-Forum Digital Uzbekistan 2026 Brought Together Over 2,600 Participants From 38 Countries
News

PLUS-Forum Digital Uzbekistan 2026 Brought Together Over 2,600 Participants From 38 Countries

The 6th International PLUS-Forum Digital Uzbekistan, a key event in the digital economy of Central Asia, took place at the AZIMUT Grand Hotel Tashkent on May 19–20. Organized by the PLUS Group, the event was supported by the National Agency for Perspective Project, the Chamber of Commerce and Industry of the Republic of Uzbekistan (CCI), […]

RedotPay Launches B2B Payment Product Supporting Stablecoin Settlements in Local Currencies
Blockchain & Crypto

RedotPay Launches B2B Payment Product Supporting Stablecoin Settlements in Local Currencies

Amsterdam – June 2, 2026 – RedotPay announced the launch of RedotPay Connect at Money20/20 Europe. The company said the product is its first B2B payment offering since the company was founded.

AI Reshapes Financial Technology: Top Five News Today
Fintech & Ecommerce

AI Reshapes Financial Technology: Top Five News Today

These top five AI developments illustrate how artificial intelligence is embedding itself across the financial technology landscape in 2026, be it hardware, banking infrastructure, or credit card payments.

Ecommerce Forum
Events

Ecommerce Forum

The Ecommerce Forum – designed to bring together innovative and competitive solution providers with industry professionals, to build business relationships through one-to-one meetings.

Cashfree Payments Reports ₹1,000 Crore FY26 Revenue, Targets Full-Year EBITDA Profitability In FY27
Fintech & Ecommerce

Cashfree Payments Reports ₹1,000 Crore FY26 Revenue, Targets Full-Year EBITDA Profitability In FY27

Indian fintech company Cashfree Payments said it recorded revenue of around ₹1,000 crore in FY26 and achieved EBITDA profitability in March 2026. The company is now targeting full-year EBITDA profitability in FY27.

DECTA Study: 77% Of Digital Banking App Users Have Had a Payment Blocked, Chatbots Resolved Issues Just 11% Of The Time
Fintech & Ecommerce

DECTA Study: 77% Of Digital Banking App Users Have Had a Payment Blocked, Chatbots Resolved Issues Just 11% Of The Time

Payment infrastructure company DECTA has published findings from a study examining two specific failure points in digital banking and payment apps: the frequency with which automated systems block or decline user transactions, and the rate at which AI chatbots subsequently fail to resolve the resulting issues.

Alipay Launches AI Wallet and Token Pay Services With 300 Million Transactions Recorded to Date
Fintech & Ecommerce

Alipay Launches AI Wallet and Token Pay Services With 300 Million Transactions Recorded to Date

On May 26, Alipay, which is an Ant Group digital payments company, introduced two solutions at its AI Payment Ecosystem Conference in Hangzhou: AI Wallet and Token Pay.

Nayax Adds AI-Powered Product Discovery To Its Retail Platform, Processing 3.5 Billion Transactions Yearly
Fintech & Ecommerce

Nayax Adds AI-Powered Product Discovery To Its Retail Platform, Processing 3.5 Billion Transactions Yearly

The Nayax platform, which offers payment solutions as well as a comprehensive suite of tools for building loyalty with customers, has recently introduced a range of new product discovery and personalization features underpinned by AI capabilities that enable retailers to better serve their customers.

Farther Raises $150m Series D as Recruited Assets Surpass $23B
News

Farther Raises $150m Series D as Recruited Assets Surpass $23B

Farther, a wealth management platform, has raised $150 million in a Series D funding round that was led by General Atlantic and joined by existing investors including CapitalG, Bessemer Venture Partners, Cota Capital and MassMutual Ventures.

AI to Automate 50% Tasks in Financial Services Roles, UK Report Says
News

AI to Automate 50% Tasks in Financial Services Roles, UK Report Says

A UK government-commissioned report by the Financial Services Skills Commission (FSSC) estimates that artificial intelligence (AI) could automate around 30% to 50% of tasks in most financial services roles.

Paystack Launches Rebuilt Dashboard With AI-Native Command Center After 10 Years
Fintech & Ecommerce

Paystack Launches Rebuilt Dashboard With AI-Native Command Center After 10 Years

Africa-focused fintech firm Paystack has introduced a redesigned version of its merchant Dashboard, driven by AI tech, which the company describes as its first full rebuild in approximately 10 years. 

Sandbox Wealth And Barkr Partner On AI-Driven Asset Valuation For Lending Workflows
News

Sandbox Wealth And Barkr Partner On AI-Driven Asset Valuation For Lending Workflows

Barkr and Sandbox Wealth have formed an alliance to provide Sandbox Wealth’s liquidity and lending capabilities on the Barkr platform by integrating Barkr’s AI-based asset valuation methodology.

Klarna AI-Powered Shopping Search is Now Directly Embedded in ChatGPT
Fintech & Ecommerce

Klarna AI-Powered Shopping Search is Now Directly Embedded in ChatGPT

Flexible payments provider Klarna facilitates e-commerce shopping experience for ChatGPT users, who can now instantly see visual search results with up-to-date prices, availability, and offers from multiple merchants, all within the same conversation with the chatbot.

AI Changes E-Commerce Discovery But Brand & Price Remain Top Purchase Factors
Fintech & Ecommerce

AI Changes E-Commerce Discovery But Brand & Price Remain Top Purchase Factors

AI adoption in online shopping is rapidly growing, but only 14% of e-commerce consumers blindly rely on the AI engine best choice, while the majority factors in price and brand integrity during the decision-making process.

What Is a 10-K Financial Report and Why Does It Matter?
Finance & Economics

What Is a 10-K Financial Report and Why Does It Matter?

Every publicly traded company in the United States has a story to tell every year. It is through dense regulatory filing that investors, lawyers, auditors, and analysts dissect line by line. That filing is the 10-K.

PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.