Santander has teamed with Nvidia to come up with capabilities for evaluating artificial intelligence models and agents for banking. This work by the Santander AI lab is designed to help determine which AI model is best suited for a task and deploy it in the...
Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a range of $16 billion to $19 billion, Bloomberg News reported...
Anthropic has reportedly been pitching U.S. lawmakers on draft artificial intelligence safety legislation. That’s according to a report Friday (Oct. 16) by Politico, which describes the push as a “notable effort” by the AI lab to guide the rules covering its tech. “This bill represents...
China’s DeepSeek has unveiled what it calls a faster and leaner version of its artificial intelligence model. The company describes the DeepSeek-V4.1-Flash-1017 model, announced Saturday (Oct. 17) as offering “[s]tronger benchmark performance, faster task completion, and shorter outputs than the previous version.” DeepSeek added that...
Sam Altman’s iris-scanning project World is making what it calls its “first industry-specific push.” The company on Sunday (Oct. 18) announced World ID for banking and finance, designed to help businesses determine whether artificial intelligence agents are moving money and shopping on behalf of an...
Anthropic is reportedly in discussions with legal groups to teach artificial intelligence agents negotiation skills. That’s according to a report Sunday (Oct. 18) by the Financial Times (FT) citing two sources familiar with the AI company’s thinking. They say the startup is looking for advice...
Several of America’s regional banks posted robust third-quarter earnings last week amid strong commercial loan demand. And as Reuters reported Friday (Oct. 16), these earnings add to indications that the U.S. economy is still resilient even in the face of increasing borrowing costs. People have...
Elon Musk says his work last year with the White House distracted him from artificial intelligence development at his businesses. “[I] kinda got carried away, basically,” Musk said in an upcoming episode of the new podcast series, “The Builders with Walter Isaacson,” scheduled to premiere...
Anthropic’s co-founder predicts that artificial intelligence could boost America’s economic output by nearly 50% by 2030. That forecast comes from one of the AI startup’s internal models, Jack Clark said Saturday (Oct. 17) at the IMF and World Bank annual meetings in Bangkok. Global cooperation...