*Klarna continued to count more losses as its consumers failed to repay loans. In its first quarter, the Swedish “buy now, pay later” lender has taken home a double net loss. This outcome has ...

Klarna said it used an AI avatar of its CEO to report quarterly earnings in a YouTube video. Klarna brands itself as an AI company and has "streamlined" its workforce by 40% since 2022.

On Reddit, Klarna customers discussed why they haven’t repaid their “buy now, pay later” loans. Many said their defaulted loans haven’t been reported to the credit bureaus. Advertisement ...

Klarna said it used an AI avatar of its CEO to report quarterly earnings in a YouTube video. Klarna brands itself as an AI company and has "streamlined" its workforce by 40% since 2022.

Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be a ticket to overspending.

As soon as AI-powered chatbots seemed functional enough, buy now, pay later service Klarna went all in on them, promising to swap much of its human workforce with robotic replacements.

Klarna uses an AI doppelganger of CEO Sebastian Siemiatkowski to deliver quarterly earnings, and says it "streamlined" workforce by 40% since 2022.