The sameness problem behind those unappetizing AI-generated menus

While restaurant owners might look to generative AI as a shortcut to sprucing up their menu, customers can viscerally sense that something is wrong with the food.

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Bottomline Partners With Chainlink to Connect 600 Banks to Blockchain Settlement

Bottomline, a top-three provider of Swift services, has partnered with Chainlink to give more than 600 bank customers access to blockchain-based cross-border settlement.…

• The deal is one of the largest efforts yet to link the Swift messaging…
• According to Bitcoin.
• com, Bottomline processes more than $16 trillion in payments annually …

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800 AI Agents Now Run GE Appliances’ Factory Floor

GE Appliances has deployed more than 800 artificial intelligence agents across its manufacturing, logistics and supply chain operations, using Google Cloud’s Gemini Enterprise, the company said in its announcement.…

• “AI is now integral to the way work gets done at GE Appliances,” said …
• The agents run inside a data platform GE Appliances calls Brilliant Fa…
• It tracks production, parts and worker activity across every line and …

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Crusoe reportedly raises $3B at a $30B valuation

The round came together after the data center developer reportedly secured a $13 billion contract with Jane Street.

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Memecoin App Pons Drives Record Fees on Robinhood’s New Blockchain

A third-party token-creation application has emerged as one of the digital asset industry’s largest fee generators, driven by active retail trading on Robinhood Markets’ newly launched blockchain network.…

• According to a Thursday (Sept.
• 3) report by CoinDesk, users paid about $5.
• 95 million in fees over a 24-hour period to create and trade tokens th…

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The 4 New Working-Capital Levers CFOs Can Pull in Real Time

The next generation of payment infrastructure is giving CFOs something more valuable than speed.…

• It’s giving them optionality.
• Real-time rails, richer ISO 20022 data, virtual accounts, embedded FX …
• A CFO doesn’t necessarily want to pay faster simply because the infras…

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Oura files to go public

The ring maker says that its business has shown significant revenue growth over the past year.

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ACI Worldwide to Add Microservices Card Switching Through Cranium Acquisition

ACI Worldwide has agreed to acquire Cranium Ventures, a privately held developer of cloud-native card payment switching technology, as it seeks to expand its card-processing capabilities.…

• The Omaha, Nebraska, payments technology company said Tuesday (Sept.
• 1) in a press release that it will incorporate Cranium’s microservices…
• ACI launched the card platform in March as part of ACI Connetic, its c…

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nCino Expands Buyback as AI Demand Supports Growth

nCino reported higher revenue and profitability for its fiscal second quarter while authorizing another $100 million for share repurchases, as the banking software provider pointed to growing customer commitments to its artificial intelligence capabilities.…

• According to FinTech Global, nCino’s total revenue for the three month…
• Subscription revenue increased 10% to $143.
• The company’s GAAP operating margin reached 8%, up 15 percentage point…

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Tesla is asking people if they want to buy and run Cybercab fleets

The company published a form on its website Thursday soliciting info from people who are interested in "Cybercab fleet vehicle purchasing."

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Utah Becomes First State to Target VPNs in Age-Verification Crackdown

Privacy advocates say the law raises First Amendment questions the courts have yet to address.

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Thinking Machines Lab Seeks $1 Billion at $40 Billion Valuation

Thinking Machines Lab, the artificial intelligence startup led by former OpenAI Chief Technology Officer Mira Murati, is in talks to raise at least $1 billion at a valuation of at least $40 billion, The Information reported Thursday (Sept.…

• Existing investor Accel is considering leading the funding round, whil…
• The proposed valuation would represent a fourfold increase from the $1…
• However, it is below the over $50 billion valuation the startup sought…

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Bitcoin Miner Ditches Site for AI Deal That Could Top $1.2 Billion

The projected revenue requires two contract extensions, while an option for more computing capacity could bring the total above $3 billion.

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Stablecoins This Week: Building the Market’s Visa and Mastercard Layer

The stablecoin market, in an evolution that belies its own prefix, is entering a period of flux.…

• While the stablecoin market’s first phase rewarded issuance and liquid…
• Twenty-one major financial institutions are moving forward with plans …
• The Securities and Exchange Commission is preparing transfer-agent rul…

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Startup ARR is less secure than ever, new research shows

The AI era has completely broken enterprise buying patterns, and startups haven't yet figured out how to navigate.

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What Is Pons? The Robinhood Chain Meme Coin Factory Token Up 18,000% Since July

PONS, the token behind Robinhood Chain's biggest meme coin factory, flipped CASHCAT to become the chain's largest cryptocurrency by market cap—and its chart looks like a hockey stick.

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Coinbase seeks SEC greenlight to list 24/7 equity perpetuals

Coinbase seeks SEC greenlight to list 24/7 equity perpetuals

• Coinbase seeks SEC greenlight to list 24/7 equity perpetuals

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Diameter Pay Raises $10 Million to Expand Stablecoin Payments Infrastructure

Diameter Pay has reportedly raised $10 million in a Series A funding round as the stablecoin payments infrastructure provider looks to expand its banking, payments and digital asset capabilities.…

• The round was co-led by CMT Digital and Lightspeed Faction, according …
• 3) report in The Block.
• Other investors included SixThirty Ventures, Stellar Development Found…

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Anthropic Built the Shopping Brain and Skipped the Wallet

Anthropic, the artificial intelligence company behind Claude, launched a blueprint Wednesday (Sept.…

• 2) that hands retailers prebuilt code for two commerce agent, the comp…
• A shopping agent searches a catalog, compares products and builds a ca…
• A merchant agent works the other side of the store, handling inventory…

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Banks Rewrite Their BaaS Strategies Around Deposits and Fees

Embedded finance can bring banks deposits, fee income and assets generated through somebody else’s distribution.…

• Earnings results showed banks don’t all want the same mix.
• Fifth Third is growing deposits and fees through Newline.
• FinTech partnerships generate nearly all The Bancorp’s deposits, altho…

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Tariffs Are Making Retailers Rethink How Much Choice They Give Shoppers

Retailers are discovering that in a world of tariffs, supply chain uncertainty and cautious consumers, more choice can come with a surprisingly high price.…

• Companies are shrinking their product assortments to reduce the cost a…
• Under Armour has cut more than 25% of its products over the past two y…
• The strategy marks a reversal from the eCommerce-driven era of invento…

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Bernie Sanders Pushes Bill to Ban Advanced AI Development

The forthcoming bill would pause advanced AI development, create a federal regulator, and threaten violators with up to 20 years in prison.

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Crypto market cap surges to $2.82 trillion as Zcash leads rally alongside stocks

Crypto market cap surges to $2.82 trillion as Zcash leads rally alongside stocks

• Crypto market cap surges to $2.82 trillion as Zcash leads rally alongside stocks

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Google Brings Conversational AI Search to Gmail

Google is giving Gmail users a way to avoid manually searching their inbox, according to a Thursday (Sept.…

• 3) company blog post.
• Gmail Live is part of a larger series of new voice artificial intellig…
• “As technology evolves, so does the way we get things done,” the post …

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