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OpenAI Reaches 1 Billion Active Users as AI Becomes Daily Habit

OpenAI Reaches 1 Billion Active Users as AI Becomes Daily Habit
OpenAI Reaches 1 Billion Active Users as AI Becomes Daily Habit
July 31, 2026  |  Artificial Intelligence

OpenAI’s models now reach more than 1 billion active users and more than 2 million businesses, OpenAI Chief Financial Officer Sarah Friar said in a Friday (July 31) blog post....

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Fed Moves to Give Mutual Banks More Flexibility to Raise Capital
Fed Moves to Give Mutual Banks More Flexibility to Raise Capital
July 31, 2026  |  Banking

The Federal Reserve is seeking comment on a proposal that it said would modernize rules for mutual banking organizations and increase their flexibility to raise capital....

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Former Synapse Partner Lineage Bank Agrees to FDIC Consent Order
Former Synapse Partner Lineage Bank Agrees to FDIC Consent Order
July 31, 2026  |  Banking

Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal...

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Project Agorá Cuts Cross-Border Payment Times to 80 Seconds
Project Agorá Cuts Cross-Border Payment Times to 80 Seconds
July 31, 2026  |  Cross-border Payments

Real-value testing (RVT) of tokenization of wholesale cross-border payments demonstrated an average time from payment initiation to settlement of about 80 seconds, according to a...

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AutoNation CEO Bets Affordability and Resilient Buyers Will Fuel Rebound
AutoNation CEO Bets Affordability and Resilient Buyers Will Fuel Rebound
July 31, 2026  |  Earnings

Automotive retailer AutoNation has found that the industry and consumers are “in good shape,” despite declines in sales volume and profit that the company saw...

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Global Regulatory Changes Slow Apple’s Services Growth
Global Regulatory Changes Slow Apple’s Services Growth
July 31, 2026  |  Apple

The growth of Apple’s Services has been impacted by several countries’ regulatory changes affecting the company’s App Store, 9TO5Mac reported Thursday (July 30). Get the...

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Chime Cuts 10% of Workforce in AI Pivot
Chime Cuts 10% of Workforce in AI Pivot
July 31, 2026  |  Banking

Chime Financial plans to lay off about 150 people, or 10% of its workforce, Bloomberg reported Friday (July 31), citing a memo to employees from...

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Amazon Completes $50 Billion Investment in OpenAI
Amazon Completes $50 Billion Investment in OpenAI
July 31, 2026  |  Artificial Intelligence

Amazon completed a $50 billion investment in OpenAI that the two companies announced in February. Get the Full Story Complete the form to unlock this...

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