The Battle for Open AI: Tech Titans Unite Against Premature Regulatory Curbs

By PYMNTS | July 24, 2026 In a significant display of industry solidarity, a powerful coalition of 25 major technology organizations—including heavyweights Microsoft, Meta, and Nvidia—has issued a formal plea to U.S. policymakers. The group is urging the government to exercise restraint, cautioning against "premature restrictions" on open-weight artificial intelligence models and "sweeping regulations" regarding…

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A New Financial Frontier: Over 140 Global Giants Unite to Launch Open USD (OUSD)

In a seismic shift for the global financial ecosystem, a coalition of more than 140 of the world’s most influential corporations—including payments titans Visa, Mastercard, and Stripe, financial powerhouses BlackRock and BNY, and crypto-native leaders like Coinbase and Ripple—has officially announced the launch of a new stablecoin: Open USD (OUSD). This initiative, spearheaded by the…

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