Tagged: ai

August 23, 2026 @ 1:08 am By Omar Faridi  |  

South Korea’s financial regulator has taken a major step toward modernizing oversight of digital asset markets by rolling out an artificial intelligence system designed to detect and analyze unfair trading practices in real time. The Financial Supervisory Service (FSS) announced on August 20, 2026, that… 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 @ 12:19 pm By Omar Faridi  |  

Razorpay has introduced Vulcan, described as India’s transformer-based artificial intelligence foundation model purpose-built for payments. Developed in collaboration with NVIDIA (NASDAQ:NVDA) and Amazon Web Services, the system aims to enhance the reliability, security, and efficiency of digital transactions across the country’s complex payments landscape. Unlike… Read More

August 18, 2026 @ 10:44 am By Omar Faridi  |  

Chinese manufacturers of humanoid robots have solidified a commanding position in the global market, with shipments in the first half of 2026 underscoring the scale of their lead over American competitors. Industry data indicates that firms based in China accounted for more than 97 percent… Read More

August 17, 2026 @ 8:54 pm By Omar Faridi  |  

HIVE Digital Technologies Ltd. (TSE: HIVE), a company known for its renewable-powered digital infrastructure and Bitcoin mining operations, has announced a significant expansion in its artificial intelligence computing business. Through its wholly owned subsidiary BUZZ High Performance Computing Inc., HIVE has entered into a five-year… Read More

August 17, 2026 @ 7:54 am By Omar Faridi  |  

On August 17, 2026, Alipay hosted its inaugural AI ecosystem conference in Hangzhou, marking a significant step in advancing agent-driven commercial systems across China. The fintech platform, operated by Ant Group, introduced the country’s first comprehensive full-stack agent commercial foundation along with the AHA (Agent… 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 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 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 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 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 @ 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 9, 2026 @ 1:20 am By Omar Faridi  |  

Sam Blackshear, co-founder and chief technology officer of Mysten Labs, the team behind the Sui blockchain, has announced his departure from the company to take on a new role at Anthropic focused on defensive security research. In a series of posts on social media platform… Read More

August 8, 2026 @ 12:31 am By Omar Faridi  |  

JP Morgan Chase (NYSE:JPM) CEO Jamie Dimon is taking a leading role in assembling executives from banking and technology firms to confront emerging threats linked to artificial intelligence. According to individuals familiar with the matter, the head of America’s largest bank has been contacting chief… Read More

August 7, 2026 @ 8:50 am By Omar Faridi  |  

Banco Sabadell is said to be prioritizing artificial intelligence within a broader organizational overhaul to drive transformation and strengthen relationship banking. Spanish lender Banco Sabadell unveiled a significant redesign of its organizational structure, placing artificial intelligence at the core of its business transformation efforts. The… Read More

August 5, 2026 @ 9:08 pm By Omar Faridi  |  

Accenture (NYSE: ACN) is set to take over IBM’s (NYSE:IBM) controlling interest in a long-running technology joint venture with UniCredit, marking a significant shift in how one of Europe’s major banking groups manages its digital infrastructure. The move forms part of a broader, multi-year partnership… Read More