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Tag: bloomberg

NVIDIA is still planning to make a ‘huge’ investment in OpenAI, CEO says

January 31, 2026January 31, 2026 · Gadgets

NVIDIA CEO Jensen Huang told reporters that the company will “invest a great deal of money” in OpenAI’s latest funding round, according to Bloomberg, after The Wall Street…

Read more NVIDIA is still planning to make a ‘huge’ investment in OpenAI, CEO says

Amazon discovered a ‘high volume’ of CSAM in its AI training data but isn’t saying where it came from

January 29, 2026January 29, 2026 · Gadgets

The National Center for Missing and Exploited Children said it received more than 1 million reports of AI-related child sexual abuse material (CSAM) in 2025. The “vast majority”…

Read more Amazon discovered a ‘high volume’ of CSAM in its AI training data but isn’t saying where it came from

Meta has closed three VR studios as part of its metaverse cuts

January 13, 2026January 13, 2026 · Gadgets

Several of Meta’s VR studios have been affected by the company’s metaverse-focused layoffs. The company has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel.…

Read more Meta has closed three VR studios as part of its metaverse cuts

Inside Singapore’s AI bootcamp to retrain 35,000 bankers

January 8, 2026January 10, 2026 · Banking

Kelvin Chiang knew the five agentic AI models built by his team could in ten minutes do what used to take a private banker an entire day. With…

Read more Inside Singapore’s AI bootcamp to retrain 35,000 bankers

Dutch fintech Bunq reapplies to become a bank in the US

January 7, 2026January 7, 2026 · Banking

The Dutch fintech Bunq BV applied to become a US bank two years after rescinding a previous application made under former President Joe Biden. “We believe that this…

Read more Dutch fintech Bunq reapplies to become a bank in the US

What Zohran Mamdani and Michael Bloomberg Have in Common

January 1, 2026January 1, 2026 · Breaking News

Such visions play a role in any administration, but there’s also the work of actual city governance. When Mamdani and Bloomberg met in September, for a conversation that…

Read more What Zohran Mamdani and Michael Bloomberg Have in Common

Nvidia reaches technology licensing deal with startup Groq

December 24, 2025December 29, 2025 · Banking

Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add…

Read more Nvidia reaches technology licensing deal with startup Groq

BBVA rolls out ChatGPT to almost all employees in OpenAI deal

December 12, 2025December 12, 2025 · Banking

BBVA is giving almost all of its staff access to OpenAI’s artificial intelligence tools after expanding its partnership with the technology firm. The Spanish banking group said its…

Read more BBVA rolls out ChatGPT to almost all employees in OpenAI deal

OpenAI finds AI saves workers nearly an hour a day on average

December 8, 2025December 11, 2025 · Banking

OpenAI’s artificial intelligence products are saving workers an average of about 40 to 60 minutes a day on professional tasks, according to a large survey conducted by the…

Read more OpenAI finds AI saves workers nearly an hour a day on average

Revolut notches $75 billion valuation in latest share sale

November 24, 2025November 24, 2025 · Banking

Revolut Ltd. garnered a $75 billion valuation in its latest share sale after months of courting investors, a steep increase from the $45 billion price tag it received…

Read more Revolut notches $75 billion valuation in latest share sale

GoTo taps new CEO in step toward game-changing Grab takeover | Fortune

November 24, 2025November 24, 2025 · Business

GoTo Group appointed a new chief executive officer to replace Patrick Walujo, a move that’s expected to speed the takeover of Indonesia’s largest internet company by Grab Holdings…

Read more GoTo taps new CEO in step toward game-changing Grab takeover | Fortune

Block expects profit growth to accelerate over next three years

November 19, 2025November 19, 2025 · Banking

Block Inc. expects profit growth to accelerate over the next three years as Jack Dorsey’s payments firm anticipates launching products at a faster clip while doubling down on…

Read more Block expects profit growth to accelerate over next three years

Nubank says AI helped boost clients’ credit-card limits

November 14, 2025November 17, 2025 · Banking

Nu Holdings Ltd. said artificial intelligence features it started to deploy in Brazil helped the fintech increase credit-card limits for some clients, boosting third-quarter revenue and profit. Nubank,…

Read more Nubank says AI helped boost clients’ credit-card limits

MUFG ties up with OpenAI to accelerate AI use in bank services

November 12, 2025November 12, 2025 · Banking

Japan’s largest bank announced a tie up with OpenAI to accelerate its use of artificial intelligence, including in a new digital lender that’s set to open next fiscal…

Read more MUFG ties up with OpenAI to accelerate AI use in bank services

Fed’s Barr calls for guardrails as financial sector adopts AI

November 12, 2025November 12, 2025 · Banking

Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks to adopt artificial intelligence in its core functions.…

Read more Fed’s Barr calls for guardrails as financial sector adopts AI

Lloyds tasks 7,000 staffers with testing out AI assistant

November 6, 2025November 6, 2025 · Banking

Lloyds Banking Group Plc is using thousands of its staff as guinea pigs for an AI financial assistant it’s designed to help customers manage their spending, saving and…

Read more Lloyds tasks 7,000 staffers with testing out AI assistant

Starbucks sells 60% of China unit to Boyu at $4 billion value | Fortune

November 4, 2025November 4, 2025 · Business

Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a $4 billion enterprise value in a bid to…

Read more Starbucks sells 60% of China unit to Boyu at $4 billion value | Fortune

Amazon inks $38B deal with OpenAI for Nvidia chips

November 3, 2025November 3, 2025 · Banking

Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares surged. Amazon Web Services will…

Read more Amazon inks $38B deal with OpenAI for Nvidia chips

Coinbase Stock Touches $350 After Positive Q3 Earnings, New Acquisition — Details

November 1, 2025November 1, 2025 · Cryptocurrency

After what started as a disappointing week, the Coinbase stock (Ticker: COIN) seems to be back on a recovery path. COIN briefly touched the $350 level on Friday,…

Read more Coinbase Stock Touches $350 After Positive Q3 Earnings, New Acquisition — Details

Cloudflare shares rise to record after beating sales outlook

October 31, 2025October 31, 2025 · Banking

Cloudflare Inc. shares surged to a record after posting better-than-expected sales figures that topped quarterly and annual estimates, following a reorganization and the addition of more large enterprise…

Read more Cloudflare shares rise to record after beating sales outlook
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