Core Insights - Stripe has launched its first AI foundational model for payments and deepened its partnership with NVIDIA, aiming to accelerate business growth for enterprises using AI [1][2][3] AI Investment and Business Growth - Stripe announced the introduction of several new products to help businesses leverage AI for growth, processing a total payment volume of $1.4 trillion last year, a 38% increase from 2023, representing 1.3% of global GDP [2][4] - The new AI foundational model is trained on hundreds of billions of transactions, enhancing performance by detecting subtle payment signals that traditional models miss [4] Multi-Currency Management - Stripe has introduced a multi-currency balance feature, allowing businesses to hold and manage multiple currency balances within their existing accounts, starting with USD, EUR, and GBP [6][7] - This feature helps companies avoid unnecessary cross-border transfer fees, enabling them to operate more efficiently in different markets [6] Partnerships with Major Corporations - Stripe collaborates with half of the Fortune 100 companies and has recently supported NVIDIA in migrating its subscription management for GeForce Now to Stripe Billing in just six weeks [9][10] - PepsiCo is also expanding its partnership with Stripe to modernize payment processes for small businesses [9] New Features and Functionalities - Stripe has launched over 60 new features, including support for 25 additional payment methods, bringing the total to over 125 [11] - New functionalities include managed payments services, smart dispute management, and enhanced fraud protection capabilities [13][14][15] - The Stripe Tax service has expanded its coverage from 57 to 102 countries, automating the entire tax lifecycle management [17]