Category: Fintech & Economy

OpenAI Connects ChatGPT to 12,000 Banks, Offering Financial Advice to 200 Million Users Two hundred million people already ask ChatGPT about their finances every month. Until today, the AI answered…

The AI Agent Hype Is Real — The Deployments Are Not Three thousand people packed the AI Agent Conference in New York in 2025 — roughly ten times the attendance…

A surprising number of financial titans are pooling resources to establish a new enterprise AI services company. This venture, backed by giants like Blackstone, Hellman & Friedman, and Goldman Sachs,…

A troubling trend is emerging where organizations, in a rush to cut costs, are replacing entry-level employees with artificial intelligence. This move, driven by the promise of immediate efficiency, risks…

A staggering financial commitment from Anthropic to Amazon Web Services (AWS) has been announced, signaling a dramatic escalation in the race for AI compute power. Anthropic, the creator of the…

A surprising number of specialized AI chip makers are seeking public markets. Cerebras Systems has officially filed for an initial public offering (IPO), signaling its intent to become a publicly…

Canadian financial giant Scotiabank is signaling a significant commitment to artificial intelligence by rolling out a comprehensive AI framework named Scotia Intelligence. This initiative aims to centralize and streamline the…

A significant hurdle in developing advanced AI agents capable of interacting with computers has been the sheer cost and complexity of simulating operating system environments. Researchers at a prominent institution…

Google AI has just unveiled Veo 3.1 Lite, a significant new offering designed to democratize generative video creation. This move aims to tackle the substantial cost often associated with producing…