Artificial Intelligence

September 27, 2026 @ 7:05 pm By Michael Wong  |  

Artificial intelligence is changing how private equity and venture capital firms assess investments and monitor portfolios, but human judgment, proprietary relationships, and data remain critical to investment decisions, investors said at the Asia PE-VC Summit in Singapore. AI is increasingly being used to speed up… Read More

September 27, 2026 @ 4:30 pm By Omar Faridi  |  

Washington and Beijing have opened a formal conversation on advanced computing while stretching their latest commercial ceasefire, a pairing that looks modest on paper and more consequential in practice. After a three-day leadership visit in the US capital, the two governments said they would keep… Read More

September 27, 2026 @ 2:44 pm By Omar Faridi  |  

Hut 8 (NASDAQ: HUT) has been designated the winning bidder for two West Texas campuses formerly used by Poolin, according to filings in Poolin’s Chapter 11 cases. The proposal is valued at $140 million in cash and other consideration for the Pyote and Tarbush sites…. Read More

September 27, 2026 @ 12:34 pm By Michael Wong  |  

Private equity firms operating in Asia are increasingly deploying artificial intelligence (AI) to boost portfolio company earnings and secure exits, executives said on Tuesday, as the region’s deal-exit environment splits sharply between favored and lagging sectors. Speaking at DealStreetAsia’s Asia PE-VC Summit in Singapore, senior… Read More

September 27, 2026 @ 11:27 am By Omar Faridi  |  

Across the technology industry, the first wave of large-scale AI adoption has produced a striking correction. After years of contraction and high-profile workforce reductions justified in part by automation, companies are now pulling former employees back—especially people with institutional knowledge and machine learning experience. The… Read More

September 27, 2026 @ 1:33 am By Omar Faridi  |  

OpenAI has broadened its newest model family with two more accessible options designed for everyday professional work. On September 22, 2026, the company released GPT-6 Sol and GPT-6 Luna, placing them beneath the flagship GPT-6 Astra model that arrived earlier in the month. The company… Read More

September 26, 2026 @ 3:42 pm By Michael Wong  |  

Asia-Pacific’s economic growth is expected to remain resilient as an artificial intelligence-driven technology export boom supports the region, although weak domestic demand in China, elevated energy prices, and tighter U.S. monetary policy pose risks, S&P Global Ratings said. S&P raised its baseline 2026 growth forecast… Read More

September 25, 2026 @ 2:07 am By Omar Faridi  |  

MyComplianceOffice (MCO), a specialist in compliance software for financial firms, has secured more than $100 million in growth financing from Accel-KKR Credit Partners. The capital is intended to fund product work, artificial intelligence projects, and a larger technology staff as banks and asset managers look… Read More

September 24, 2026 @ 5:41 pm By Omar Faridi  |  

The Fintech founders who built one of Europe’s open banking platforms Tink have stepped back into the startup arena with a very different problem in mind: the constant work of staying compliant. Daniel Kjellén and Fredrik Hedberg founded Stockholm-based Tink in 2012 and spent a… Read More

September 24, 2026 @ 5:20 pm By Omar Faridi  |  

BlackRock (NYSE: BLK) has published a new research paper examining how artificial intelligence and digital assets are starting to reinforce one another. Titled, The Machine-Native Economy, the note from the firm’s digital-assets team argues that widespread AI adoption could become an underappreciated source of demand… Read More

September 24, 2026 @ 10:23 am By Omar Faridi  |  

Jamie Dimon, the longtime chief executive of JPMorgan Chase (NYSE: JPM), told an audience in India this week that outlays on artificial-intelligence infrastructure are on track to cross the $1 trillion mark in 2027. The remark, delivered on the sidelines of the bank’s annual India… Read More

September 24, 2026 @ 12:19 am By Omar Faridi  |  

Anthropic has reportedly taken a first step toward the safety framework its chief executive outlined earlier this month, naming Accenture (NYSE: ACN) as an on-site independent reviewer of its most advanced systems. The arrangement is meant to put outside scrutiny inside the lab itself, rather… Read More

September 23, 2026 @ 10:20 pm By Omar Faridi  |  

Treasury Secretary Scott Bessent has surfaced as a leading candidate to serve as President Donald Trump’s next artificial intelligence coordinator, according to people familiar with internal discussions. The reports come days after Trump said he would name an “AI czar” and stand up an “AI… Read More

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