AI innovation remains hot and the competition is stiff.  OpenAI and Anthropic continue to battle, most recently with the April releases of GPT-5.5 ...

Payments company Stax is taking a multi-LLM approach to AI — leaning on a “pay as you go” strategy to ensure that it has access to the technology it needs, while ...

Anthropic Chief Executive Dario Amodei is advocating for a balanced approach to AI regulation, drawing parallels to the automotive industry.  In response to reports ...

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

JPMorgan Chase Chief Executive Jamie Dimon is calling on Anthropic to release details of its Mythos AI model to allow the industry to assess it and mitigate potential risks.  During the webinar, “The Briefing: ...

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 ...

Fintech FIS and Anthropic are joining forces to build an AI agent for anti-money laundering in banking.   FIS began developing the solution after observing that the ...

Sonata Bank is preparing to ramp up AI deployment, with a focus on lending, considering recent regulatory changes that could accelerate innovation at ...

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