The AI Boom’s Second Act: Debt-Fueled Growth
The AI boom’s second act is being financed not just by venture dollars but by borrowing, as companies sprint to build the data centers and buy the chips needed to train and run large language models...
Visa Debuts AI-Powered Commercial Solutions Hub
Visa introduced its Commercial Solutions (VCS) Hub, designed to offer issuers and FinTechs new commercial payment tools.
“Visa is not just modernizing commercial payments, we’re reinven...
SEC Suspends Trading of QMMM Shares, Alleging Crypto Stock Pump
When is a stock too good to be true? According to the U.S. Securities and Exchange Commission (SEC), it could be when that stock soars over 900% in just half a month.
On Monday (Sept. 29), ...
Departing NY regulator calls for crypto passporting between US, UK
Adrienne Harris, head of New York’s top financial regulator, announced her resignation Monday after four years in the post, closing her tenure by calling for deeper cross-border alignment on crypto ...
OpenAI’s ‘Instant Checkout’ Lets Users Shop Via ChatGPT
OpenAI has added a new eCommerce component to its popular artificial intelligence (AI) chatbot ChatGPT.
The startup on Monday (Sept. 29) announced “Instant Checkout,” a service that let...
TD Bank Says AI Will Reduce Costs and Enhance Client Services
TD Bank Group said Monday (Sept. 29) that it is adopting new artificial intelligence and other digital solutions to accelerate its growth and enhance its performance.
In a press release iss...
What EA’s buyout might mean for its future
Electronic Arts just announced that it is going to be acquired and taken private in a massive $55 billion deal led by an investor group composed of Saudi Arabia's Public Investment Fund (PIF), ...
