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 ...
The economics of AI has morphed and large language model providers are racing to expand the computing capacity that powers them. That dynamic ...
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 ...
Visa reported more transactions processed and increased revenue during its second quarter and expects to expand its reach with agentic commerce. “Agentic commerce will expand our addressable market, ...
Santander Bank is ramping up AI deployment to enhance cross-selling and deepen customer relationships. Santander generated 35 million euros ($41 million) ...
UBS is investing in legacy tech transformation and AI to improve client experience and back-end operations. “Our flagship AI platform delivers timely and personalized client insights ...
LendingClub is deploying AI internally and externally and has more than 60 active AI uses. When it comes to AI, “there’s probably not a department in ...
IBM’s first-quarter earnings underscore the growing demand from financial institutions for AI-driven infrastructure and consulting, as banks look to embed intelligence directly ...
Valley Bank is rolling out AI tools for customer-facing applications and internal processes such as underwriting, sales and fraud detection. The $64 billion ...
American Express is accelerating its push into agentic AI, positioning autonomous commerce and payments as a core growth lever as digital ...
First Citizens BancShares Inc. will retire the Silicon Valley Bank name three years after it acquired the go-to bank for ...
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