LLM providers race to scale AI infrastructure after tokens become profitable
The economics of AI has morphed and large language model providers are racing to expand the computing capacity that powers them. That dynamic...
Anthropic beats OpenAI in business adoption in April, Ramp reports
Anthropic took the lead in business adoption over OpenAI in April. Adoption of Anthropic reached 34.4% of businesses that month, a 3.8% increase from March, according to the latest Ramp AI Index...
5 questions with … Alkami CTO Deep Varma
Alkami Chief Technology Officer Deep Varma is pushing the digital banking provider's 300 regional bank and credit union clients past the era of replicating...
Inside Look: Vine’s AI Assistant for agricultural, commercial lending
Lending service provider Vine has launched AI Assistant, which is designed to streamline commercial and agricultural lending workflows. Launched May 6, AI Assistantaims to help bank credit analysts and lending officers...
FIs wary of OpenClaw security risks
Financial institutions are largely keeping OpenClaw, the fast-growing open-source AI agent platform, off of their corporate networks. The move cuts across banks and credit unions, where compliance teams...
Finastra’s OperatorAssist saves 1.5 hours a day per payment operator
Finastra is seeing high adoption for its OperatorAssist, an AI-powered tool designed to help bank operators resolve payment exceptions faster. The tool, launched in...
How Moody’s is deploying multimodel agentic AI tools
Moody’s is developing agentic AI tools for internal use and to embed into its offerings — including some in the pipeline for launch later this year. The credit rating agency has built a credit memo...
Fintech nCino reports 60% efficiency gains in software development lifecycles
Fintech nCino is embedding AI deeply into internal operations to drive efficiencies and improve products as the tech takes hold. The company has seen 60% efficiency and velocity gains across its...
Wells Fargo to embed AI across wealth platform
Wells Fargo no longer views AI as a budget category, but as integral to product development. “We fundamentally think about AI as part of the way we develop tools...
Anthropic, JPMorgan execs: AI ROI hinges on cracking adoption challenges
The lightning pace of AI advancement is slowed only by the challenge of enterprise adoption, some tech leaders believe. Even the most visionary CEOs face...
