Shares of ailing fintech firm PayPal (NASDAQ:PYPL) failed to impress (or “shock the world”) when it revealed its artificial intelligence (AI) plans as part of its recent announcement. Undoubtedly, PayPal is very much in the AI race after the not-so-surprising announcements that were quick to be shot down by analysts and investors alike. The firm is still a legit underdog in the so-called AI race, even if its recent AI-driven features failed to generate hype right off the bat. Though PayPal may n
The news of additional job cuts at PayPal surfaced just five days after the company introduced new products and services, which, according to CEO Alex Chriss, aim to "revolutionize commerce." Read more.
“We are doing this to right-size our business, allowing us to move with the speed needed to deliver for our customers and drive profitable growth,” CEO Alex.