Artificial Intelligence

August 16, 2026 @ 5:46 pm By Omar Faridi  |  

Goldman Sachs (NYSE:GS) is reportedly engaging potential backers to help fund Nvidia’s (NASDAQ:NVDA) initiative aimed at channeling hundreds of billions of dollars into artificial intelligence infrastructure. Sources familiar with the matter indicate the bank is leveraging its established relationship with the chipmaking giant to play… Read More

August 16, 2026 @ 3:24 pm By Omar Faridi  |  

Publicly listed / traded Bitcoin mining companies have reportedly reduced their dedicated computational capacity more rapidly than the broader network, as a growing number shift electricity and data-center resources toward artificial intelligence and high-performance computing applications. This development signals that many operators are prioritizing more… Read More

August 16, 2026 @ 3:00 pm By Michael Wong  |  

New Zealand artificial intelligence startup Sterling has raised NZ$3.8 million ($2.2 million) in a funding round led by trans-Tasman venture capital firm Blackbird, as it looks to expand its AI-powered automation platform for finance teams. The round also attracted investors including Rowan Simpson and Eliot… Read More

August 16, 2026 @ 2:15 pm By Omar Faridi  |  

Roman Storm, co-founder of the privacy-focused cryptocurrency protocol Tornado Cash, has directly challenged the legal reasoning behind his conviction by pointing to the widespread use of mainstream artificial intelligence tools by the same sanctioned actors the government cited in his case. In a post published… Read More

August 16, 2026 @ 9:52 am By Omar Faridi  |  

Chinese robotics company Unitree is finalizing preparations for its initial public offering (IPO) on the Shanghai STAR Market. The firm has priced shares at 150.80 yuan each, or about $22.37, implying a company valuation of roughly $9 billion. Trading is expected to start between August… Read More

August 16, 2026 @ 9:50 am By Omar Faridi  |  

Sterling, a New Zealand artificial intelligence company focused on automating routine accounting and finance operations, has closed a NZ$3.8 million seed funding round. The capital injection, led by trans-Tasman venture firm Blackbird Ventures, will support team expansion and efforts to reach larger enterprise clients in… Read More

August 15, 2026 @ 7:36 pm By Tony Zerucha  |  

Mainframe computers could endure in the AI era Research from Crisil Coalition Greenwich suggests mainframe computers will retain their place alongside cloud computing and AI. More than 90% of banking technology executives say more than 50% of their core banking applications rely (and will continue… Read More

August 15, 2026 @ 8:41 am By Omar Faridi  |  

SpaceX (NASDAQ:SPCX) has officially completed its acquisition of Cursor, the rapidly growing artificial intelligence coding platform developed by Anysphere. The deal, valued at $60 billion in an all-stock transaction, closed on August 14, 2026, marking a significant step in the rocket company’s broader push into… Read More

August 15, 2026 @ 8:24 am By Michael Wong  |  

Funding for Southeast Asia’s native artificial intelligence startups has reached $4.1 billion so far in 2026, already more than double the amount raised for the whole of last year, although the surge was driven largely by a single $2.8-billion round, according to data intelligence platform… Read More

August 14, 2026 @ 8:51 pm By Omar Faridi  |  

Quantinuum and Oracle (NYSE: ORCL) have formed a multi-year strategic alliance to integrate quantum computing into Oracle Cloud Infrastructure (OCI). Announced on August 11, 2026, the collaboration centers on deploying Quantinuum’s Helios system—a leading commercial quantum computer—inside a U.S.-based OCI AI data center. This will… Read More

August 14, 2026 @ 8:30 am By Tony Zerucha  |  

Maybank buys remaining Maybank Ageas Holdings stake for $1.18B Malayan Banking, better known as Maybank, gets the remaining 31% stake from Belgian insurer Ageas. It now has full control of the Etiqa insurance arm. Allianz buys UOB asset management services for $434M An arm of… Read More

August 14, 2026 @ 5:26 am By Omar Faridi  |  

Anthropic, the company behind the Claude AI models, is reportedly engaged in early-stage discussions to purchase Decart AI, an Israeli-founded startup specializing in artificial intelligence optimization and generative technologies. Sources familiar with the matter indicate the proposed transaction could value Decart at about $6 billion,… Read More

August 13, 2026 @ 4:31 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has highlighted a major shift in how software vulnerabilities are identified and reported, driven by the rapid adoption of artificial intelligence tools. The company notes that the volume of bug reports submitted through its programs is projected to reach three times the previous… Read More

August 13, 2026 @ 3:50 pm By JD Alois  |  

The American Fintech Council (AFC) has issued a statement calling for risk-based artificial intelligence (AI) regulation in financial services. The AFC was responding to a request from House Financial Services Committee Ranking Member Maxine Waters. The AFC urged Congress to “pursue a unified, risk-based, and context-specific… Read More

August 13, 2026 @ 8:31 am By Omar Faridi  |  

HSBC Asset Management, part of HSBC (NYSE: HSBC), has taken an equity stake in Model ML, a London-based startup developing specialized artificial intelligence (AI) tools for the financial sector. The investment, channeled through HSBC Asset Management’s primary venture capital approach, arrives as institutions increasingly prioritize… Read More

August 13, 2026 @ 2:04 am By Omar Faridi  |  

MARA Holdings (NASDAQ: MARA) has obtained a $450 million lending arrangement backed by Bitcoin from Coinbase Prime. This facility forms part of a broader financing package designed in part to support the company’s planned purchase of Long Ridge Energy, a substantial power generation and digital… Read More

August 13, 2026 @ 12:24 am By Omar Faridi  |  

Two former executives from the mobile banking Fintech MoneyLion have secured more than $10 million in funding to launch Astraeus, an artificial intelligence-powered infrastructure platform aimed at wealth management companies. The New York-based startup seeks to solve longstanding issues of fragmented technology systems that hinder… Read More

August 12, 2026 @ 1:14 pm By Omar Faridi  |  

On August 10, 2026, the Bitcoin Policy Institute, joined by a wide-ranging alliance of more than 40 organizations spanning the digital asset sector, released an open letter directed at the developers of advanced artificial intelligence systems. The document urges these labs to create reliable channels… Read More

August 12, 2026 @ 10:41 am By Omar Faridi  |  

San Francisco-based Fazeshift, an artificial intelligence platform focused on automating financial operations, has received backing from Amex Ventures, the corporate venture capital unit of American Express (NYSE: AXP). The investment, announced on August 11, 2026, will help the company broaden its technology beyond its core accounts… Read More

August 12, 2026 @ 12:19 am By Omar Faridi  |  

MARA Holdings (NASDAQ: MARA) has taken a significant step in leveraging its substantial Bitcoin reserves by committing 18,750 BTC as collateral for newly arranged credit facilities. This move, detailed in the company’s recent quarterly SEC filing, secures substantial incremental capital aimed at advancing its strategic… Read More