International Monetary Fund Managing Director Kristalina Georgieva said artificial intelligence investment is keeping global growth at around 3%, Reuters reported Monday (Oct. 12). At the same time, the trend portends a “slow-moving tsunami” that could upend labor markets, taxation, and education, Georgieva said at a...
Microsoft’s president says artificial intelligence now faces less regulatory oversight than appliances and dairy products. This lack of oversight underscores the urgent need for global artificial intelligence (AI) regulation, Brad Smith said in a BBC interview Monday (Oct. 12). “Right now, your washing machine is subject to more safety...
Watch more: Monday Conversation With Kastle’s Rishi Choudhary Rishi Choudhary, Co-Founder and CEO of Kastle, believes that banks have been approaching AI modernization from the wrong end of the technology stack: the legacy end. For years, he said, the industry’s transformation agenda has been dominated by...
Corporate treasury is approaching an uncomfortable reality about artificial intelligence. Almost every firm has it, but relatively few companies can demonstrate that it is making them financially better off. Findings in the latest 2026 edition of the Working Capital Index (WCI) from PYMNTS Intelligence reveal...
Running a small business has always meant doing more with less. The owner takes the morning shift, answers customer emails on lunch, reconciles the books at night and handles scheduling on weekends. Every hour spent on operations is an hour not spent on the work...
Amazon is reportedly in discussions to purchase artificial intelligence startup Decart in a roughly $7 billion deal. That’s according to a report Sunday (Oct. 11) by The Wall Street Journal (WSJ), citing sources familiar with the matter. Those sources say a deal could come together...
The White House is reportedly requiring artificial intelligence companies to report and correct security incidents. The mandate from the White House Super Intelligence Force came Friday (Oct. 9) after Anthropic disclosed a series of breaches, Axios reported. “This notification and remediation process is not optional,”...
Nvidia is reportedly in talks to acquire Reflection AI, a U.S. maker of open-weight artificial intelligence models. That’s according to a report Saturday (Oct. 10) by the Financial Times (FT), which noted that the White House has been counting on U.S. open-weight models to rival...
Microsoft’s CEO says companies should assume powerful artificial intelligence models could be compromised and create an “emergency brake” to rein them in. In comments posted to X on Saturday (Oct. 10) Satya Nadella argued that it is not enough to depend on assurances from the...