Tagged: artificial intelligence

October 21, 2026 @ 9:19 am By Omar Faridi  |  

In a statement that underscores a shift in Tesla’s (NASDAQ: TSLA) strategic priorities, Elon Musk has emphasized that the company’s humanoid robot Optimus and its purpose-built autonomous Cybercab vehicle are expected to account for the vast majority of Tesla’s future enterprise value. The remarks, made… Read More

October 20, 2026 @ 11:35 pm By Omar Faridi  |  

The US Department of Homeland Security has directed civilian federal agencies to purge Chinese artificial intelligence firm DeepSeek from their information technology environments and to halt all related purchasing. The action, detailed in a Federal Register notice published on October 20, 2026, implements Exclusion and… Read More

October 15, 2026 @ 12:12 am By Omar Faridi  |  

Meta (NASDAQ: META) has rolled out Muse Wonder, a new frontier-class artificial intelligence model designed for its Muse personal agent application, as the company intensifies efforts to generate subscription income outside its traditional advertising business. Released on October 12, 2026, the model—along with a more… Read More

October 13, 2026 @ 2:39 pm By Omar Faridi  |  

New York-based Fintech company Ramp has raised approximately $1.85 billion in a new funding round that places its pre-money valuation near $60 billion, according to people familiar with the private transaction. Dragoneer Investment Group and Thrive Capital co-led the round, while Founders Fund contributed a… Read More

October 11, 2026 @ 1:36 am By Omar Faridi  |  

Western laboratories are answering Chinese open-weight momentum and the dominance of closed frontier systems with a cluster of new releases aimed at organizations that want more control over how AI models are run. In the past week, Nvidia (NASDAQ: NVDA) backed Reflection AI and the… Read More

October 3, 2026 @ 12:33 pm By Omar Faridi  |  

Arthur Hayes, chief investment officer of the crypto fund Maelstrom and chief executive of Flop Labs, is arguing that the artificial-intelligence buildout is less a durable earnings story than a credit boom whose eventual strain could force official liquidity back into digital assets. In his… Read More

September 30, 2026 @ 1:37 pm By Omar Faridi  |  

Michael Saylor, executive chairman of the Bitcoin-focused treasury company Strategy (NASDAQ: MSTR), has argued that digital tokens should play a larger role in how businesses raise money as artificial intelligence changes how firms are created and organized. In an essay, Saylor said AI will let… Read More

September 29, 2026 @ 12:38 pm By Omar Faridi  |  

Meta (NASDAQ: META) has taken a step beyond advertising and consumer products, launching a dedicated unit aimed at selling artificial intelligence tools directly to companies. On September 28, 2026, founder and chief executive Mark Zuckerberg announced Meta Enterprise Platform and named Chirantan “CJ” Desai, who… Read More

September 29, 2026 @ 5:45 am By Omar Faridi  |  

FIS (NYSE: FIS) has embedded Spade’s real-time merchant enrichment tools into its debit processing stack, giving issuing banks and credit unions cleaner merchant identities at the moment a transaction is processed. The move is aimed at statements that actually look familiar to cardholders, fewer avoidable… Read More

September 29, 2026 @ 2:44 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) co-founder Bill Gates has added his voice to a growing push for government oversight of artificial intelligence, arguing that companies cannot be left to police themselves as the technology becomes more powerful. In a recorded conversation with NBC’s “Meet the Press,” later… Read More

September 28, 2026 @ 2:20 am By Michael Wong  |  

Private equity major Warburg Pincus is hard‑wiring artificial intelligence into every stage of its investment process, treating AI as a mandatory lens for both new deals and portfolio value creation. Senior managing director Vishal Mahadevia, speaking at DealStreetAsia’s Asia PE-VC Summit in Singapore, said the… 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 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 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 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 @ 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 14, 2026 @ 2:27 am By Omar Faridi  |  

Ripple has expanded the artificial intelligence tools inside its enterprise treasury platform, positioning the update as a more controlled way for corporate finance teams to use AI without handing over final authority on money movement. On September 10, 2026, the company said it is broadening… Read More