FTC Sues LA Fitness Over Gym Cancellation Tactics
Fitness International, the operator of LA Fitness and other gym chains, said Wednesday (Aug. 20) that it will…
Character.AI Explores Sale or New Funding Amid Rising Costs
Character.AI is weighing its options between a potential sale or raising new capital, sources told The Information. The…
InCode Acquires AuthenticID to Combat AI-Driven Fraud
The deal, according to a Tuesday (Aug. 19) news release, is aimed at tapping into a digital identity market projected…
Softbank Builds on AI Investments With $2 Billion Intel Partnership
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. The companies say the new arrangement,…
UBS Strategists Warn of ‘Overheating Risk’ Around AI Investments
UBS Global Research reportedly advised investors looking at the artificial intelligence industry to keep an eye on overheating…
Meta Eyeing Fourth Revamp of AI Teams in Six Months
Meta is reportedly reconfiguring its AI efforts, the fourth such restructuring in six months. The tech giant’s new…
Mastercard, Zand Team to Modernize X-Border Payments in UAE
Mastercard has partnered with Zand, a United Arab Emirates-based, artificial intelligence-driven FinTech and financial services group. The collaboration…
Oracle Cloud AI Service to Offer Google’s Gemini Models
The offering will results from an expanded partnership between Oracle and Google Cloud, the companies said in a…
Riskified, HUMAN Partner to Prevent Fraud by AI Shopping Agents
Riskified and HUMAN Security have partnered to help merchants prevent fraud and abuse when dealing with artificial intelligence (AI)…
Paytm Payments Services Wins Payment Aggregator Authorization
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve…