Artificial Intelligence

August 26, 2026 @ 5:47 pm By Omar Faridi  |  

Chris Malone, who served as OpenAI’s head of data centers, has stepped down from the artificial intelligence company after roughly 17 months in the role. The move, first detailed by The Wall Street Journal based on anonymous sources and later confirmed by multiple outlets including… Read More

August 26, 2026 @ 2:35 pm By JD Alois  |  

NVIDIA (NASDAQ:NVDA) will release its Q2 earnings after the market close today. NVIDIA is not just a leading AI firm and top chip provider; it is a benchmark for the entire AI sector. Largely fueled by hyperscalers and the race not to be left behind as… Read More

August 26, 2026 @ 11:45 am By Gracy Chen , CEO of Bitget  |  

Markets now price the news around the clock. The exchanges that host them still keep office hours. That gap is about to matter to everyone, not just to traders. Start with a scene that now plays out every few weeks. A large company reports its… Read More

August 26, 2026 @ 8:25 am By Omar Faridi  |  

Google Cloud has introduced a specialized artificial intelligence solution tailored for professionals in the financial sector, marking a significant step in applying advanced agentic technology to regulated industry workflows. Announced on August 25, 2026, the offering—known as Gemini Enterprise for Financial Services—targets capital markets and… Read More

August 25, 2026 @ 12:11 pm By Omar Faridi  |  

Investment flowing into UK based financial technology companies reached its weakest point in at least a decade during the first six months of 2026. Capital raised by UK fintech firms totalled £1.8 billion (approximately $2.5 billion), representing a decline of nearly two-thirds compared with the… Read More

August 25, 2026 @ 1:20 am By Tony Zerucha  |  

Stripe goes AI shopping, buys OpenRouter for $7B Stripe expands its AI presence with OpenRouter, which builds infrastructure allowing developers to secure access and route requests across different AI models. Bank of America to invest up to $1.8B in Jio Credit For its investment, BoA… Read More

August 24, 2026 @ 12:24 pm By JD Alois  |  

Republic Europe (Formerly Seedrs) has listed another fund, this time an SEIS-qualified fund, Symvan Technology. The fund, which provides immediate investment diversification, targets artificial intelligence (AI) and machine learning firms. The offering is a direct investment with a minimum of £2000. Fees align with transaction… Read More

August 24, 2026 @ 5:42 am By Omar Faridi  |  

Rillet, an artificial intelligence-driven enterprise resource planning platform designed for contemporary finance departments, has completed a $100 million Series C financing round that values the company at $1 billion. ICONIQ led the investment, with backing from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures,… Read More

August 24, 2026 @ 3:27 am By Omar Faridi  |  

AI tools are transforming cryptocurrency-related illicit activities, with overall adoption climbing sharply according to recent findings from blockchain intelligence firm TRM Labs. The company’s 2026 AI-in-Crime Adoption Index scores the use of artificial intelligence across crypto crime at 54 out of 100, placing it in… Read More

August 24, 2026 @ 2:41 am By Omar Faridi  |  

Singapore’s DBS Bank (SGX: D05) has expanded the use of specialised agentic artificial intelligence tools to support roughly 1,500 relationship managers and credit risk managers worldwide in handling corporate credit assessments.The initiative, announced in mid-August 2026, follows a successful pilot involving 150 staff members. The… Read More

August 24, 2026 @ 1:25 am By Michael Wong  |  

Singapore’s national accountancy body has agreed to deepen cooperation with its Indian counterpart on artificial intelligence training and professional qualification recognition, potentially extending a Singapore-developed AI programme to more than 1.5 million members and students in India. The Institute of Singapore Chartered Accountants (ISCA) and… Read More

August 23, 2026 @ 8:15 pm By Michael Wong  |  

Hong Kong broadcaster TVB Limited is planning an artificial intelligence computing venture with private equity firm Gaw Capital Partners that could receive up to HK$2 billion ($255 million) in equity investment from Gaw Capital, according to a stock exchange filing seen by CrowdFund Insider. TVB… Read More

August 23, 2026 @ 6:00 pm By Michael Wong  |  

Asia-Pacific central banks have agreed to strengthen cooperation on artificial intelligence and scam prevention as financial authorities grapple with emerging risks to consumers and the region’s financial systems, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Eli Remolona Jr. and his counterparts approved initiatives… Read More

August 23, 2026 @ 5:49 pm By Tony Zerucha  |  

Why AI will select AI “The sheer number of AI agents is already unmanageable at enterprise scale. Gartner predicted that the average Fortune 500 company will go from less than 15 AI agents in 2025 to more than 150,000 in 2028, while only 13% of… Read More

August 22, 2026 @ 8:31 am By Michael Wong  |  

AI chip startup Groq has raised $350 million at a $3.5 billion valuation, roughly half the level it commanded less than a year ago, Bloomberg reported. The funding round, completed on Aug. 17, values Groq nearly 50% below the $6.9 billion valuation it secured in… Read More

August 21, 2026 @ 4:16 pm By Omar Faridi  |  

Quantitative trading firm Hudson River Trading (HRT) has entered a multi-year agreement with CoreWeave (NASDAQ: CRWV) to access specialized artificial intelligence computing resources. The arrangement, described as multi-billion-dollar in scale, will support the development of next-generation trading research and machine learning models. It builds on… Read More

August 21, 2026 @ 2:40 am By Omar Faridi  |  

Experian has enhanced its ChatGPT application to give United Kingdom consumers direct, secure access to their individual credit scores. Announced on 20 August 2026, this update represents the first occasion on which people in the UK can retrieve their authentic, account-linked Experian Credit Score through… Read More

August 21, 2026 @ 1:06 am By Omar Faridi  |  

Starling Bank has unveiled a range of artificial intelligence features designed to help its customers take greater control of their finances. Announced on 20 August 2026, these “smart tools” sit inside the bank’s existing conversational AI helper, known as Starling Assistant, and aim to simplify… Read More

August 21, 2026 @ 12:39 am By Omar Faridi  |  

Global banks including Barclays (NYSE: BCS) and Deutsche Bank (NYSE: DB) are integrating Ant International’s FalconTST AI model to strengthen cash-flow predictions and foreign-exchange liquidity management. In a development underscoring the growing role of specialised artificial intelligence in financial services, several international banks have begun… Read More

August 19, 2026 @ 9:46 pm By Omar Faridi  |  

Shares of  surged nearly sixfold on their first day of trading in Shanghai, marking a key moment for China’s humanoid robotics industry. The Hangzhou-based company, widely regarded as the country’s leading maker of advanced robots, opened at 1,100 yuan on the technology-focused STAR Market—far above… Read More