Watch more: Before AI Moves Money, It Must Earn Authority Agentic commerce has a payments problem hiding in plain sight. The financial system does not yet have a universal way to authenticate a machine’s authority to make a decision. And time is running out. Artificial...
The biggest names in tech pushed artificial intelligence (AI) in two directions over the past week. Meta and Google raised the ceiling on what the most powerful models can do. Microsoft and Cloudflare went the other way, with models that make quick yes-or-no and multiple-choice...
A denied insurance claim, a dense lease or a confusing medical bill can take hours of reading, phone calls and follow-up. Meta wants its artificial intelligence agents to take on that work. On Monday (Oct. 12), the company introduced Muse Wonder and Muse Wonder Full,...
U.S. Bancorp’s consumers continued to spend during the third quarter, even as the bank carried more card balances and saw an increase in early-stage card delinquencies. “Spend levels are high, employment is strong,” Chief Financial Officer John Stern told analysts during a Thursday (Oct. 15)...
New York City Comptroller Mark Levine is calling on Anthropic to delay its initial public offering and focus its energies on artificial intelligence safety issues the company itself has highlighted. Levine made this call in a Wednesday (Oct. 14) letter addressed to Anthropic CEO Dario...
In 2025, OpenAI earned nearly $3 of revenue for every dollar Anthropic did. Nine months later, Anthropic booked more in a single quarter than it did in all of last year, and it told investors it did so at a profit. That is the case...
Eight states have sued OpenAI in their respective state courts, alleging the tech giant failed to implement sufficient safeguards to protect vulnerable users, including children and the elderly. The coordinated lawsuits mark an escalation in the battle by state authorities to impose guardrails on artificial...
AI startup Cohere says it plans to acquire AISLE, a company developing autonomous systems to find and repair vulnerabilities in critical software. The deal is happening at a time when security “is becoming the defining challenge of enterprise AI,” Cohere said in announcing the proposed acquisition Thursday (Oct. 15). “As...
A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct. 15) outlining proper practices for adopting artificial intelligence (AI). “As adoption expands in scale and sophistication, AI may also amplify...