Artificial Intelligence

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

August 11, 2026 @ 12:53 pm By Omar Faridi  |  

OpenAI has experienced a series of high-level exits from its safety and ethics ranks in a short span of time. Chloé Bakalar, who served as the company’s head of ethics, stepped down less than twelve months after she arrived. Her departure follows those of Johannes… Read More

August 11, 2026 @ 10:16 am By Tony Zerucha  |  

Drata co-founder and CEO Adam Markowitz sees Artificial Intelligence’s rapid adoption creating an unprecedented trust gap that his company is perfectly positioned to solve. Drata empowers security teams to automate compliance, manage risk, and win with trust. Markowitz said trust is a scarce resource that… Read More

August 11, 2026 @ 8:34 am By Omar Faridi  |  

Shares of Riot Platforms (NASDAQ: RIOT) rose after hours following news of a substantial long-term agreement for data center capacity tied to artificial intelligence workloads. Currently, Riot is up by over 15% in pre-market trading. The Bitcoin mining firm, which has been expanding into high-performance… Read More

August 10, 2026 @ 8:57 pm By Omar Faridi  |  

Arthur Hayes, the co-founder of BitMEX and chief investment officer at Maelstrom, has outlined a scenario in which Bitcoin could experience further short-term weakness before ultimately surging to extraordinary heights. In a recent essay, the crypto commentator suggested that the leading digital asset might trade… Read More

August 10, 2026 @ 5:38 pm By Omar Faridi  |  

Cybersecurity researchers have uncovered evidence that the North Korean threat actor known as Kimsuky is weaving artificial intelligence more deeply into its operations. The group, long associated with intelligence gathering and revenue-generating cyber activity for the regime, now appears to be experimenting with local large… Read More

August 10, 2026 @ 3:36 pm By Tony Zerucha  |  

Two new Marqeta partnerships highlight this week’s list of fintech product release and partnership announcements. Marqeta, Google, expand child-focused Google Wallet capability Google can now bring tap-to-pay technology to the Wallet for kids experience, enabling supervised kids and teens to use their NFC-enabled Android phones… Read More