AI in Finance

A payments company buys a prompt router When Stripe announced last week that it had acquired OpenRouter, the stated reason...

Nvidia signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilise over $500bn for AI infrastructure.

New US model risk guidance landed in April and left agentic AI out of scope. Banks are shipping agents anyway....

A hedge fund built on the conviction that AI would reshape markets just got outrun by the markets it was...

ServiceNow makes a $40M bet on BusinessNext, a specialized banking AI platform most people outside Indian banking have never heard...

Wall Street does not usually panic over mainframes. These are the refrigerator-sized machines that quietly run the world's banks, airlines,...

Bank of Ireland has hired Citigroup AI leader Prag Sharma as its first Chief AI Officer, a C-suite bet that...

Singapore's iFAST says AI will let it chase S$100 billion in assets while cutting headcount by 2028. The math is...

The FCA's Mills Review says AI agents will reshape banking, from autonomy to fraud, and regulators are racing to adapt...

The European Union has passed a landmark law banning opaque AI credit scoring from 2027, forcing lenders to provide human-readable...