Artificial Intelligence

September 23, 2026 @ 12:23 am By Omar Faridi  |  

OpenAI is preparing for one of the most expensive corporate buildouts in technology history. Internal forecasts reviewed by the FT show the company expecting about $278 billion in negative free cash flow from 2026 through 2030, even as it projects a steep rise in sales…. Read More

September 22, 2026 @ 11:00 pm By Omar Faridi  |  

As companies rush to deploy artificial intelligence, the real bottleneck is not software. It is whether people actually use it, trust it, and change how they work. That is the argument innovation expert Soren Kaplan has been making as organizations discover that buying licenses is… Read More

September 22, 2026 @ 9:48 pm By Omar Faridi  |  

xAI has introduced Grok 4.7, a new flagship model aimed at software development and professional knowledge work. The company frames the release as a practical upgrade over Grok 4.6 rather than a wholesale change in pricing or serving speed. According to the announcement, the model… Read More

September 22, 2026 @ 2:50 pm By Omar Faridi  |  

Amazon (NASDAQ: AMZN) has shut down Meta’s (NASDAQ: META) recently launched Muse personal AI agent from completing purchases on Amazon.com, drawing a sharp line in the emerging contest over who controls agentic shopping. The restriction took effect Sunday night, September 20, 2026. Users who asked… Read More

September 22, 2026 @ 11:34 am By JD Alois  |  

President Donald Trump took the podium at the United Nations today to promote his administration’s success while addressing the audience. The presentation was broad, covering diverse issues such as the war with Iran, Venezuela, Cuba, the ICC, and the economy of the US. At one… Read More

September 22, 2026 @ 11:03 am By Omar Faridi  |  

Kastle, a San Francisco startup focused on artificial intelligence for financial operations, has closed a $24 million Series A round to expand its platform of specialized AI agents for consumer lending. Insight Partners led the investment, with existing backers Y Combinator and Commerce Ventures returning… Read More

September 22, 2026 @ 8:34 am By Omar Faridi  |  

Danske Bank and Mastercard (NYSE: MA) have completed what both companies describe as Denmark’s first payment initiated and finished by an artificial intelligence agent. The pilot, announced on 21 September 2026, is an early live test of so-called agentic commerce inside a regulated Nordic bank… Read More

September 21, 2026 @ 10:15 pm By Omar Faridi  |  

Four of the world’s most prominent artificial intelligence developers now face a federal antitrust complaint accusing them of working together to hold back the pace of model improvement. The proposed class action, filed in the US District Court for the Northern District of California, names… Read More

September 21, 2026 @ 9:19 pm By Michael Wong  |  

Hong Kong companies need to treat artificial intelligence governance as a board-level responsibility rather than an information technology project, with directors maintaining human accountability for AI-assisted decisions, Securities and Futures Commission (SFC) Chairman Kelvin Wong said. Speaking at the Corporate Governance Conference 2026, Wong said… Read More

September 21, 2026 @ 4:18 pm By Omar Faridi  |  

A single on-chain actor appears to have struck two related artificial-intelligence crypto projects within minutes of each other on September 19, 2026, emptying a Fetch.ai conversion contract and inflating NuNet’s token supply in one coordinated burst. Security firms tracking the wallets say the same cluster… Read More

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

President Donald Trump said over the weekend that the United States will stand up a new “AI Force” and soon name an artificial intelligence czar, framing the move as a way to nurture the industry rather than restrain it. In a Saturday post on Truth… Read More

September 21, 2026 @ 10:36 am By Omar Faridi  |  

Former PayPal and Intuit chief executive Bill Harris has rolled out Evergreen.ai, a consumer-facing application that uses artificial intelligence to deliver financial planning guidance built around a user’s actual accounts, goals, and tax situation. The product is now in public beta and is being positioned… Read More

September 21, 2026 @ 8:46 am By Omar Faridi  |  

UK mortgage overpayment app Sprive has completed a £5.5 million funding round as it seeks to help more homeowners cut interest costs and finish their loans sooner. The London company described itself as the United Kingdom’s independent mortgage overpayment app. The round was led by… Read More

September 21, 2026 @ 12:40 am By Michael Wong  |  

The number of merchants using artificial intelligence to integrate payment services with Ant International has quadrupled over the past year, as the fintech company expands AI into payments, foreign exchange, treasury, and credit operations. Ant International said it expects 95% of merchants to be able… Read More

September 20, 2026 @ 9:13 pm By Tony Zerucha  |  

Grab nabs majority Atome share for $1.49B The consumer finance play helps Grab access Atome’s lending and BNPL presence in Southeast Asia. Kaiko extends $110M Series B Kaiko provides data services for on-chain finance. The extension was led by S&P Global and included participation from… Read More

September 20, 2026 @ 3:11 pm By Tony Zerucha  |  

  Unsurprisingly, digital asset insiders were focused on the CLARITY Act this week. Not completely, however. Read on to find some interesting takes on several other topics. The CLARITY Act “The nation’s banks continue to support creating a strong, durable regulatory framework for digital assets… Read More

September 19, 2026 @ 6:32 pm By Michael Wong  |  

Xora, a Temasek-backed investment fund, has led an additional $53 million seed round in enterprise AI services company Hang Ten Systems, bringing the startup’s total funding to $85 million. Mayfield, which led Hang Ten’s first seed round, and Aramco Ventures also participated in the latest… Read More

September 18, 2026 @ 3:45 pm By Omar Faridi  |  

Saffron Building Society has chosen FintechOS to modernise how it originates mortgages, starting with residential lending and building toward a full end-to-end process. The Essex mutual, founded in 1849 and now serving more than 118,000 members with assets above £1.5 billion, wants the new system… Read More

September 18, 2026 @ 10:27 am By Omar Faridi  |  

European payments group Nexi and Agentic Commerce Optimization specialist ReFiBuy have joined forces to help merchants stay visible as shoppers lean more heavily on AI assistants. Announced on 17 September 2026 from Milan and Raleigh, the collaboration aims to keep product catalogues ready for evaluation,… Read More

September 15, 2026 @ 5:48 pm By Omar Faridi  |  

Pave Finance, a New York firm building artificial intelligence tools for wealth advisors, has closed an oversubscribed Series A round of more than $15 million at a $100 million valuation. The capital will expand its sales and engineering staff after a $14 million seed round… Read More