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AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...- 'Let me make this point, please...': Former Google CEO Eric Schmidt booed by University of Arizona students. Here's what he said on AIFormer Google CEO Eric Schmidt faced boos at the University of Arizona commencement for warning graduates about technology's 'mess'. He ack...
- Klarna shares crashed 26% after $26 million Q4 loss — here’s what spooked buy now, pay later investorsKlarna shares crashed 26% after $26 million Q4 loss. One year ago, it earned $40 million profit. Revenue hit $1.08 billion — a record high....
- Klarna to launch dollar-backed stablecoin as race in digital payments heats upThe token, called KlarnaUSD, is currently in testing and will be available on the mainnet in 2026, will be fully backed by the US dollar th...
- Klarna shares rise 15% in their first day of trading on Wall StreetSwedish buy now, pay later firm Klarna made a strong NYSE debut, with shares jumping nearly 15%. Opening at $52, a 30% premium, the stock c...
- Klarna IPO: Wall Street’s biggest BNPL debut — Is KLAR stock a buy now as shares set to jump 25% at $18.9B valuation?Klarna’s Wall Street debut has turned heads, with the Swedish buy-now-pay-later giant valued at $18.9 billion after pricing its IPO at $40 ...
- Swedish BNPL player Klarna raises 1.37 billion in largest IPO of US in 2025The Swedish buy-now-pay-later company Klarna made its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest ...
- Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPOKlarna, the Swedish fintech giant, commenced trading on the NYSE after a $1.37 billion IPO, signaling a resurgence in the U.S. IPO market. ...
- Klarna set to price much-awaited US IPO in boost to fintech hopefulsKlarna, the Swedish buy-now, pay-later giant, is set to price its U.S. IPO, aiming to raise up to $1.27 billion. The IPO, priced between $3...
- Klarna IPO: Swedish fintech giant Klarna’s US stock debut to raise $1.27B at $14B valuation as KLAR enters the buy now, pay later warKlarna IPO is making global headlines as the Swedish fintech giant prepares for its big US stock debut. Klarna is aiming to raise $1.27 bil...
- Swedish fintech Klarna eyes $1.27 billion raise via long-awaited IPOKlarna and some of its investors plan to sell 34.3 million shares between $35 and $37 each via the IPO. Upon listing, Klarna will trade on ...
- Company that sacked 700 workers with AI now regrets it — scrambles to rehire as automation goes horribly wrongKlarna AI layoffs have taken a surprising turn. The Swedish fintech giant, once praised for firing 700 employees and replacing them with ar...
- Klarna trials debit card in US, plans Europe launch later this yearKlarna in April paused its plans for a US initial public offering for the second time in the last few years as president Donald Trump's swe...
- Klarna retreats from AI-only customer service push, resumes hiring amid quality concerns: ReportKlarna is scaling back its AI-led customer service model after admitting it reduced service quality. The fintech firm is rehiring support s...
- Payments firm Klarna files for $1 billion IPO, targets $15 billion valuationKlarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billi...
- Klarna CEO Sebastian Siemiatkowski claims AI can now perform all tasks, stops hiring humansKlarna, a fintech company, stopped hiring new staff due to AI's growing capabilities. The company's workforce shrunk from 4,500 to 3,500. C...
- Swedish payments group Klarna adds AI-driven photo feature to entice shoppersMany start-up companies like Klarna are adding AI to their product portfolio to boost valuations as they wait for their turn to hit the pub...
- Swedish payments major Klarna hits monthly profitability ahead of target as losses shrinkThe January-June operating loss at the privately held (BNPL) fintech, which last made a full-year profit in 2018, was 2.01 billion crowns (...
- Swedish fintech Klarna raises $800 million, valuation plunges 85%Klarna said the latest round of funding valued it at $6.7 billion, 85% less than a year earlier, as investor interest in fast-growing tech ...
- European payment provider Klarna eyes Indian shoppers"We don't have immediate plans of expanding into India. But we are always exploring such a possibility of setting up business in a country ...
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