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Higgsfield Raises $400 Million for AI Video Platform
AI video generation platform Higgsfield is now a $5.4 billion company.…
- The company achieved that valuation as it raised $400 million in a Ser…
- The startup says it will use the new funding to expand its time and sc…
- “Every business needs visual content, but creating it at the quality, …
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Retail Earnings Will Show What Stretched Consumers Protect
America’s biggest retailers are about to turn a weak government sales report into a six-company test of consumer endurance.…
- retail and food service sales fell 0.
- 6% in July, the first monthly decline since October and the largest in…
- The drop surprised economists who expected a 0.
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Visa Says Payment Choice Keeps High-Value Shoppers at Checkout
Watch more: Need to Know With Visa’s Michele Herron The new American shopper can tell an artificial intelligence platform precisely what she wants, compare the answer (even while standing in the store) and abandon the merchant at checkout because the wrong payment option appears.…
- That combination of sophistication and impatience is changing the merc…
- Consumers have acquired better tools for finding products, comparing o…
- Merchants, meanwhile, still have to answer some stubbornly basic quest…
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42% of Stablecoin Holders Want Crypto for Major Purchases
Cryptocurrency’s path into everyday commerce may look familiar via a card in a wallet, a purchase at the register and digital assets moving behind the scenes.…
- That is the central opportunity in “From Asset to Everyday Money: Maki…
- Consumers show growing interest in using cryptocurrencies and stableco…
- The report pointed to a practical way forward.
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Banks Built for Paychecks Meet the Cash Flow Generation
For much of the past century, banking products evolved around the regular paycheck.…
- But findings in the August 2026 edition of The Millennial Playbook, a …
- Only about 42% of employed millennials primarily earn a fixed salary, …
- Another 40% are primarily hourly workers, while the remainder earn the…
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When AI Becomes the Travel Agent, Who Owns the Journey?
Watch more: Monday Conversation With Booking Holdings’ Daniel Marovitz Travel has always had a front door and an operating layer.…
- The front door was the search box, the app or the website.
- The operating layer was everything the consumer rarely saw: payments, …
- AI is collapsing the distance between the two.
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Legal Departments Move From Testing AI to Governing It
For decades, the legal department was one of the last enterprise functions to adopt new technology at scale.…
- The work was too nuanced, the stakes too high, and the profession too …
- Generative AI changed the pace of experimentation.
- Agentic AI is changing the pace of deployment, and this week the Promp…
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Anthropic CEO Says He’s Not an AI Pessimist
Anthropic CEO Dario Amodei is disputing arguments he’s overly pessimistic about artificial intelligence’s impact.…
- As TechCrunch reported Sunday (Aug.
- 16), Amodei made these claims in response to comments from investor Ga…
- Claiming that Amodei has “lost the argument” on AI regulation and cons…
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Goldman Sachs Says AI Spending Not Boosting Corporate Earnings
A jump in corporate artificial intelligence spending has not translated into a corresponding boost in earnings.…
- That’s according to a report Sunday (Aug.
- 16) by Seeking Alpha, citing an analysis from Goldman Sachs which foun…
- Of those, 11% cited measurable productivity gains in areas such as sof…
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Alibaba Overtakes Google and Meta With 3 Billion AI Model Downloads
Open-weight models from China’s Alibaba have reportedly become the world’s top artificial intelligence offerings.…
- The company’s models have seen more than 3 billion downloads worldwide…
- Alibaba told Bloomberg in a statement that Qwen, its family of AI mode…
- The report also cited findings from open-source AI hub Hugging Face wh…
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Anthropic Touts 14-Fold Jump in Revenue for Would-Be Investors
Anthropic has reportedly shared a substantial jump in quarterly revenue with would-be investors.…
- The artificial intelligence startup saw revenues for the second quarte…
- 14), citing documents viewed by the news outlet.
- Those documents showed Anthropic reporting a preliminary revenue figur…
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Trump-Affiliated Crypto Company Wins US Banking Charter
American regulators have granted a banking license to a President Donald Trump-affiliated cryptocurrency company.…
- The Office for the Comptroller of the Currency (OCC) issued its prelim…
- 14) for a national banking charter requested by World Liberty Financia…
- WLF plans include “dollar-backed stablecoin issuance and redemption an…
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White House Convenes Meeting With Crypto and Prediction Market CEOs
Cryptocurrency and prediction market executives are reportedly meeting with Trump administration officials this week.…
- President Donald Trump is expected to attend this gathering scheduled …
- 19), according to a report by CoinDesk that cited sources briefed on t…
- The CEOs of companies that include Coinbase, Gemini, Kalshi, Polymarke…
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Hackers exploited macOS Screen Sharing flaw to install Monero miners, Dutch cyber agency says
Hackers exploited macOS Screen Sharing flaw to install Monero miners, Dutch cyber agency says
- Hackers exploited macOS Screen Sharing flaw to install Monero miners, Dutch cyber agency says
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