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The Treasury Department will release six resources designed to enable secure and resilient artificial intelligence (AI) across the financial system.
The resources will be released in stages through the end of February, the Department said in a Wednesday (Feb. 18) press release.
They will provide an integrated approach to governance, data practices, transparency, fraud and digital...
Walk into a top-tier mall in a high-income suburb right now and you can still feel echoes of the holiday rush: full parking decks, busy food halls and steady lines at the “can’t-get-it-online” stores. Drive 20 minutes in the other direction and you may find an enclosed mall that feels more like a stranded asset, with dark corridors, empty anchor boxes and “for lease” signs that have become part...
World Labs, the frontier artificial intelligence research and product company founded by AI pioneer Fei-Fei Li, raised $1 billion in new funding.
“We are focused on accelerating our mission to advance spatial intelligence by building world models that revolutionize storytelling, creativity, robotics, scientific discovery and beyond,” World Labs said in a Wednesday (Feb. 18) blog post...
Freelance services marketplace Fiverr continues to see the impact of artificial intelligence (AI) on its business.
During the company’s earnings call Wednesday (Feb. 18), management discussed Fiverr’s ongoing transformation at a time when AI plays a role in hiring and compresses the lifetime of projects.
“The result is not less work,” Micha Kaufman, founder and CEO of Fiverr, told...
Europe-focused payment automation/e-invoicing platform Banqup has launched a partnership with Visa.
The collaboration, announced Wednesday (Feb. 18), is being driven by the rapid onset of e-invoicing rules in Europe, set to go into effect by 2028, requiring companies to digitize and standardize invoice issuance, exchange and reporting.
“This is not just a compliance shift, it is a...
The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18).
Many banking giants in the United States got out of the home loan business following the 2008 financial crisis, with nonbanks like Rocket and Pennymac taking their place, the report said. New rules created in response to the Wall Street meltdown required...
Former Google DeepMind scientist David Silver is raising $1 billion to build a new artificial intelligence lab, the Financial Times reported Tuesday (Feb. 17).
The seed round is expected to value the startup at $4 billion, not including the new investment, according to the report.
The round is being negotiated, and the terms could change, the report said.
Silver formed the startup,...
Enter a new term into the artificial intelligence (AI) lexicon: recommendation poisoning.
With agentic AI reshaping how consumers search, evaluate and buy products, a newly documented threat suggests that what AI recommends can be manipulated by entities with no access to the model’s core training. In short: A bug in the system.
Recently, Microsoft’s Defender Security Research Team...
Apple is reportedly expanding its car keys wallet feature with carmaker Toyota launching support for the tool.
According to a report Tuesday (Feb. 17) from Apple-focused news website 9to5Mac, the tech giant had named 13 new carmakers who had signed on to add the car key feature soon. Now, Toyota has apparently been added to that list, the report said, citing a separate report from...
How much will Anthropic pay the world’s cloud leaders to run its artificial intelligence model?
An analysis of the company’s forecasts published Wednesday (Feb. 18) by The Information shows that the company expects it will pay Amazon, Google and Microsoft at least $80 billion to run its Claude AI on their servers through 2029.
The report adds that this isn’t the only way the tech...