BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the German carmaker’s plans to reduce costs and speed development, The Wall Street Journal (WSJ) reported Wednesday (Sept. 30) from a BMW investor...
Calls to regulate artificial intelligence have grown louder this year, including from inside the industry. The White House answered Tuesday (Sept. 29) with a pact that leaves the policing to the companies building the most powerful models. President Donald Trump and executives from Anthropic, OpenAI,...
OpenAI and Anthropic are reportedly facing a regulatory investigation over their tech’s safety. The investigation by the Federal Trade Commission (FTC) focuses on the potential dangers artificial intelligence (AI) poses to consumers, a senior commission official told Reuters Wednesday (Sept. 30). According to the report, this marks the first official U.S. regulatory...
Delaware’s first-in-the-nation proposal to create companies managed by artificial intelligence agents is confronting a new complication. Mounting evidence that AI agents do not always remain within the boundaries humans set for them is adding to skeptics’ doubts about the plan. The draft legislation, expected to...
The first rule of online payments is to prove that the person trying to pay is allowed to do so. Artificial intelligence is forcing banks and payments networks to add another layer. Federal Reserve Gov. Christopher Waller said Tuesday (Sept. 29) that agentic commerce changes...
Robinhood has begun letting users build their own artificial intelligence agents to assist with trading. Robinhood Agents, announced Tuesday (Sept. 29) at the company’s HOOD Summit 2026 in Houston, are designed to help Robinhood customers develop strategies, conduct research or trade automatically. “With safety and security at its...
OpenAI reportedly hopes to raise up to $30 billion after delaying plans to go public. The artificial intelligence (AI) company is targeting a valuation of roughly $1.4 trillion, not counting new funds raised, Bloomberg News reported Tuesday (Sept. 29), citing sources familiar with the matter. ...
Watch more: What’s Next in Payments With Chris Trainor of Paymentus Giving an artificial intelligence agent a wallet is easy to understand. Giving it permission to use that wallet safely is where the payments industry gets complicated. “Large language models are probabilistic, and financial execution...
Samsung is investing $1 billion in Helix Digital Infrastructure, an artificial intelligence infrastructure company established by global investment firm KKR and launched in June, Samsung said in a Tuesday (Sept. 29) press release. Samsung Electronics will invest $500 million, while five other Samsung affiliates will...