Drumbeat of GPT Announcements Seek to Transform Commerce and Payments

The space, of course, is not solely the purview of Big Tech: SoundHound AI said this week that it had closed a new $125 million loan facility from Atlas Credit Partners with $100 million fully funded at closing. SoundHound says it is poised to “significantly grow” its subscription business with its AI-based customer service offering, which includes products supporting call answering and food ordering for restaurants.