TD Bank COO to exit after a year in the job
TD Bank said Chief Operating Officer Taylan Turan is departing after about a year in the job, leaving vacant a...
Bessent blasts US hyperscalers for failure to tout AI benefits
Treasury Secretary Scott Bessent blasted the US companies ramping up investment in artificial intelligence, faulting them for failing to build...
AI data center spending to reach $32T by 2050, PwC says
Global data center spending is set to reach $31.6 trillion through 2050 to meet the world’s growing appetite for AI,...
Felix Pago raises $200M to expand into financial services
Money-transfer startup Felix Pago raised $200 million to expand beyond remittances and offer services such as lending and savings to...
Singapore plans $173M in fintech funding over 3 years
Singapore has earmarked S$220 million ($173 million) over three years to fund financial technology and innovation, as it seeks to...
U.S. Bancorp speeds up long-planned expansion into new states
U.S. Bancorp is moving business bankers into new states in the U.S. South, as Gunjan Kedia makes her mark on...
Anthropic plans to change data retention policy for advanced AI
Anthropic PBC plans to allow business customers to keep greater control of their data when using its most capable artificial intelligence...
AI pioneer Fei-Fei Li warns of risks from growing tech backlash
Fei-Fei Li, an AI pioneer, says technologists like herself need to do a better job of communicating the benefits of...
SEC unveils crypto plan as agency moves ahead on digital assets
The Securities and Exchange Commission unveiled a proposal to exempt certain digital asset offerings from securities registration statements, as the...
Young Americans become more hostile to AI, fearing job losses
The youngest members of the US workforce are increasingly skeptical about artificial intelligence, fearful that advances in the technology will...
