Visa launches $100 million generative ai ventures initiative

San francisco--(business wire)--visa (nyse: v), a global leader in payments, today announced a new $100 million generative ai ventures initiative to invest in the next generation of companies focused on developing generative ai technologies and applications that will impact the future of commerce and payments. as a pioneer of ai use in payments since 1993, visa considers this initiative an extension of visa's leadership in using ai to drive innovation in payments, create value for partners and.
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