Citi announced the appointment of David Griffiths as group head of AI.  “As AI continues to transform how we serve clients and run...

Financial services companies are shaping strategies to keep up with the frenetic pace of AI transformation.   “It's 10 years compressed into one,” Peter Zaffino, chief executive of international insurance firm AIG, said during Anthropic’s webinar The Briefing: Financial Services’ today. “It's unbelievable how fast...

Customers Bank is expanding lending, payments and deposit operations as it further taps OpenAI.  The West Reading, Penn.-based Customers Bank started working with OpenAI, specifically its ChatGPT platform, in 2023, Chief Executive Sam Sidhu told FinAi News. The increased use of...

Anthropic PBC is partnering with Blackstone Inc., Hellman & Friedman and Goldman Sachs Group Inc. to form a company that...

The four hyperscalers — Microsoft, Google, Amazon and Meta — collectively raised their 2026 capital expenditure plans to roughly $710 billion, on top of $416 billion spent in 2025.  Nearly every executive...

Anthropic’s technology is being deployed by AIG, and the insurance giant is seeing results.  “AIG has deployed our API solutions into their back-office claims processing workflows, and they were able to increase...

Citi has appointed former Google Vice President Brian Saluzzo as chief information officer.  “The technology and business enablement team is proud to play a foundational role...

OpenAI released its latest ChatGPT model today, and fintech F2 is an early adopter.  GPT-5.5 is the latest LLM model launched by OpenAI, providing improved coding, data...

Interactive Brokers is ramping up its use of AI across both internal operations and client-facing tools. “Expanding the use of AI remains a...

Financial services has emerged as a significant driver for generative AI consulting at IBM.  “IBM Consulting partners with global financial institutions to move beyond simple AI experimentation toward full-scale...