Klarna CEO Boosts Investment in AI Startup Physical Intelligence

In a significant move that underscores the growing intersection of finance and artificial intelligence, Klarna's CEO Sebastian Siemiatkowski has decided to increase his investment in the AI firm Physical Intelligence. This decision comes as part of a larger trend where tech leaders are recognizing the transformative potential of AI technologies in various sectors, including retail and finance.

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Klarna Board Moves to Oust Key Ally Amid Internal Tensions

There's a surprise shake-up in the management currently going on in Klarna, the Swedish fintech powerhouse behind the famous 'buy now, pay later' services. The board of directors for the company reportedly aims to get rid of a central executive ally to Klarna's co-founder Sebastian Siemiatkowski. This comes in light of the growing tensions and differences in strategy within the company.

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