Tagged: ai

Feathery, an AI Platform Aiming to Transform Data Management in Finance, Raises $30 Million

Feathery has closed a new funding round totaling $30 million. This capital infusion aims to expand the company’s capabilities as a comprehensive AI operating and decisioning system tailored for the insurance and wealth management sectors. The round underscores growing investor confidence in solutions that streamline… Read More

OpenAI Teams Up with PwC to Strengthen AI enabled Cyber Defenses

PwC has announced an expanded collaboration with OpenAI. The partnership focuses on integrating sophisticated artificial intelligence into enterprise cybersecurity operations, aiming to empower security teams with faster and more effective tools for protecting organizations. The cybersecurity landscape has grown increasingly challenging. Sophisticated attackers now harness… Read More

Visa Launches New AI Tools to Enable Banks with Conversational Financial Guidance

Visa (NYSE: V), a global digital payments company that is increasingly focsued on the AI and stablecoins / digital assets sectors, unveiled its new AI Financial Assistant on July 14, 2026. This innovative value-added service enables financial institutions to integrate advanced artificial intelligence directly into their… Read More

TeraWulf Shares Tumble Following New York’s Statewide Pause on Large Data Center Permits 

TeraWulf Inc. (NASDAQ: WULF), a company transitioning from Bitcoin mining toward artificial intelligence and high-performance computing infrastructure, saw its stock drop sharply on Tuesday after New York Governor Kathy Hochul announced a temporary statewide moratorium on new hyperscale data centers. Shares declined approximately 7% to… Read More

BBVA Leverages Generative AI to Gain Insights into Client Interactions and Enhance UX

BBVA is deploying generative artificial intelligence to examine real-world dialogues between clients and its relationship managers. This initiative moves beyond traditional feedback mechanisms like satisfaction surveys, aiming to deliver a more nuanced and accurate view of the actual user experience across various touchpoints. The Spanish… Read More

Monzo Co-founder Tom Blomfield Moves to Anthropic to Tackle AI Infrastructure Challenges

Tom Blomfield, a British entrepreneur best known for co-founding the digital banking platform Monzo, has joined the artificial intelligence company Anthropic. This transition underscores the intense competition for top talent in the AI space, particularly in areas related to computational resources and infrastructure. Blomfield announced… Read More

Financial Services at Risk for Slow, Poor Implementation of AI

A recent analysis from UK Finance emphasizes that the financial services sector has moved past debates over whether to adopt artificial intelligence (AI). With more than three-quarters of firms already using the technology, the focus has shifted to the competitive dangers of delayed or ineffective implementation. While… Read More

Investment Platform eToro Introduces AI-Powered Mobile App to Streamline Investing

eToro (NASDAQ:ETOR), a global trading and investing platform, introduced a new mobile application during its “Intelligence in Motion” event held in London. This launch marks a significant evolution in how retail investors engage with financial markets, emphasizing an experience that is more intuitive, proactive, and… Read More

Ethereum Foundation Highlights AI’s Role in Bug Detection While Emphasizing Human Oversight in Security Audits 

The Ethereum Foundation‘s Protocol Security team has shared insights from experiments using coordinated AI agents to scan critical components of the Ethereum ecosystem. These efforts demonstrate that AI tools can successfully identify genuine vulnerabilities in protocol-level code, including systems software, cryptographic implementations, and smart contracts… Read More

AI Adoption Accelerates Across UK Businesses, Yet Cost Transparency Emerges as Major Hurdle

UK organizations are integrating artificial intelligence into daily operations at a notable pace, according to research from KPMG. The latest Global AI Pulse survey reveals that 26% of UK companies now incorporate AI tools into routine workflows, up from 18% in the first quarter of… Read More

SpaceXAI Releases Grok 4.5, an AI Model for Coding, Agentic Workflows, Complex Knowledge Work

SpaceXAI has released Grok 4.5, its most capable AI model to date, purpose-built for coding, agentic workflows, and complex knowledge work. The launch marks the company’s first major model release following its public listing and the acquisition of the AI-powered code editor Cursor. Grok 4.5… Read More

Paradigm Raises $1.2 Billion Fund to Back Frontier Technologies Across Crypto, AI, Robotics

Venture capital firm Paradigm has closed a $1.2 billion fund, marking a clear step in its evolution from a crypto-focused investor into a broader player supporting ambitious projects at the cutting edge of multiple technologies. The announcement, issued on July 8, 2026, positions the new… Read More

UK’s Starling Bank to Streamline Operations with Significant Workforce Reduction

UK digital bank Starling has outlined plans to cut around 130 positions as it undertakes a restructuring of its banking and technology teams. The initiative, described by the company as an efficiency measure, seeks to simplify internal processes, eliminate overlapping responsibilities, and accelerate the rollout… Read More

Banco Santander Releases AI Projects as Open Source to Encourage Collaboration from Industry Participants

Banco Santander (NYSE: SAN) has released more than a dozen of its internal AI initiatives on GitHub under a permissive open-source license. The move, led by the bank’s AI Lab, makes specialized tools freely available to developers, researchers, and professionals worldwide, with the explicit goal… Read More

Elliptic Comments on Difficulties of Integrating AI into Financial Compliance Programs

Elliptic has pointed out that recent discussions at the Point Zero Forum in Zurich have brought renewed attention to the practical difficulties of integrating artificial intelligence into financial compliance programs. In a detailed reflection released shortly after the session, Mark Aruliah—former regulator at the UK’s… Read More

Microblink Report Shows How AI’s Changed Fraud

Security firm Microblink’s report Mapping the Rise of AI-Powered Identity Fraud describes how AI’s widespread availability and ease of use have changed how criminals commit fraud, and how security companies stop them. AI has erased human limitations. It is now easy to operate across multiple… Read More

Anthropic Explores Partnership with Samsung for Advanced AI Chip Development

Anthropic, the artificial intelligence company behind the Claude family of large language models, is reportedly in early-stage discussions with Samsung Electronics to explore the manufacturing of a custom-designed AI processor. According to reports from technology news outlets, the San Francisco-based firm has initiated preliminary work… Read More

AI Adoption Surge, Financial Vulnerabilities and Strained Public Finances Examined in BIS Report

The Bank for International Settlements (BIS) released its latest Economic Report, extensively outlining several interconnected challenges facing the world economy. These include uncertainties around the longevity of the artificial intelligence expansion, persistent financial fragilities, stretched government budgets, and renewed inflationary risks. The research report from… Read More

AI and Digital Commerce Enable Steady Economic Growth Despite Energy Price Pressures : Analysis

Visa (NYSE: V) Business and Economic Insights has released its Midyear Global Economic Outlook, projecting that the world economy will expand by 2.4 percent this year. While elevated energy costs continue to strain household budgets, a robust wave of business spending on artificial intelligence, clean… Read More

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