Capital One to buy fintech Brex for $5.1 billion in cash, stock
Capital One Financial Corp. agreed to acquire Brex, a financial-technology company that focuses on corporate expense management and accounting, for...
Data centers will need $3 trillion through 2030, Moody’s says
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely...
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
Kelvin Chiang knew the five agentic AI models built by his team could in ten minutes do what used to...
Dutch fintech Bunq reapplies to become a bank in the US
The Dutch fintech Bunq BV applied to become a US bank two years after rescinding a previous application made under...
Nvidia reaches technology licensing deal with startup Groq
Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the...
BBVA rolls out ChatGPT to almost all employees in OpenAI deal
BBVA is giving almost all of its staff access to OpenAI’s artificial intelligence tools after expanding its partnership with the...
Wells Fargo CEO sees AI impacting companies’ workforce decisions
Wells Fargo & Co. Chief Executive Officer Charlie Scharf said artificial intelligence poses a significant opportunity to improve efficiencies and...
OpenAI finds AI saves workers nearly an hour a day on average
OpenAI’s artificial intelligence products are saving workers an average of about 40 to 60 minutes a day on professional tasks,...
Anthropic called to testify in House on China-backed cyberattack
A US House committee is calling on Anthropic Chief Executive Officer Dario Amodei to testify about a Chinese cyber-espionage attack...
Revolut notches $75 billion valuation in latest share sale
Revolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase...
