Fast Company AI·
A new PayPal survey finds most merchants still lack the infrastructure to compete, as AI agents increasingly drive product discovery and purchasing.
Read full articlePayPal CEO Enrique Lores used the company’s first-quarter earnings call to outline an AI-driven turnaround, telling investors the fintech giant must recommit to its technology roots by aggressively adopting AI across development, customer service, and risk management. Lores announced a dedicated AI transformation team reporting directly to him, tasked with redesigning core processes function by […]
PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.
On the stand, Elon Musk is positioning himself as a savior. In the high-profile trial between him and his fellow OpenAI co-founder, now CEO, Sam Altman, Musk opened by going through his background. He went as far back as being raised in South Africa and arriving in Canada for college with "2,500 in Canadian travelers' checks and a bag of clothes and books," then spent an unusually long time talking about his past, from Zip2 to PayPal to the current, more familiar slate of companies he now runs. Why is Musk giving the jury so much of his origin story? Though he may be, depending on the day, the world's wealthiest individual, Musk suggested … Read the full story at The Verge.
