Banks inclined to build ‘sovereign AI’ infrastructure, IBM CEO says
Large banks are increasingly unwilling to run sensitive AI workloads on public frontier models and are looking to keep their...
Strategy
Mistral joins Nvidia’s open-model coalition
Mistral AI is partnering with Nvidia to co-develop open-source frontier models that institutions can fine-tune and run under their own...
Ken Griffin says AI ‘almost certainly’ in a bubble right now
Billionaire Ken Griffin said investors are “almost certainly” in the midst of an AI bubble as many companies are still...
Fintech Ramp applies for trust bank charter with US regulator
Financial technology firm Ramp said it applied with the Office of the Comptroller of the Currency for a trust bank...
Why FICO built its own AI models
FICO doesn’t trust AI models it can’t inspect, so instead of building tools on a frontier LLM, the analytics software...
Employee feedback spurs AI innovation at Wintrust
Wintrust Specialty Finance President and Chief Executive David Normandin said he motivates employees to adopt AI by encouraging them to...
Product roadmap, data governance key for AI vendor selection
Lenders are looking deeper into product roadmaps, platform resilience and data governance when vetting third-party vendors amid growing AI adoption. ...
How U.S. Bank measures ROI of AI
LAS VEGAS — U.S. Bank is taking a unique approach to measuring ROI on its AI investments: time-stamping how long...
Acquisitions bring AI consulting in-house
Management consulting firm Sendero Consulting has acquired digital transformation consulting firm Torq, bringing data analytics, AI and digital strategy in-house....
Vena grows context engine with Morpheo AI acquisition
Toronto-based financial and operation planning SaaS provider Vena Solutions has acquired Morpheo AI, an agentic data platform that structures fragmented...
