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Banco Santander is leveraging artificial intelligence (AI) as it works to boost its profit and its customer base over the next 24 months.
The bank plans to achieve a profit of over 20 billion euros (about $23.6 billion) by 2028, up from the record attributable profit of 14.1 billion euros (about $16.7 billion) it achieved in 2025, it said Wednesday (Feb. 25).
It also aims to reach more...
Perplexity AI introduced Computer, a new product designed to complete complex assignments with limited human supervision, and it sets up a clear contrast with a fast-growing open-source rival known as OpenClaw.
According to Perplexity, Computer can take a broad instruction, such as preparing a research report or building a website, break it into smaller tasks and coordinate the steps...
Google plans to test showing competitors’ search results near its own across Europe in an attempt to avoid a European Union fine, Reuters reported Wednesday (Feb. 25), citing unnamed sources.
This test comes in response to accusations by EU regulators that Google prioritizes its own services in search results for hotels, flights and restaurants, according to the report.
These charges,...
FinTech Stripe has spent much of its operational history making it easier for merchants to plug into the financial system. Now, it is trying to redesign the system itself.
According to the company’s 2025 annual letter, which was published Tuesday (Feb. 24) and devoted a good chunk to blockchain and stablecoins, Stripe sees on-chain transaction settlement as a crucial infrastructure...
Tether Investments said it aims to promote the use of stablecoin payments by making a strategic investment in Whop, an internet market designed to help users launch businesses and accept payments.
The companies’ collaboration will enable the creators and users on Whop’s platform to use Tether’s USDT and USAT stablecoins, Tether said in a Wednesday (Feb. 25) press release.
Whop Co-...
Criminals are using artificial intelligence in combination with websites, social media and other tools to carry out scams and other malicious operations, OpenAI said Wednesday (Feb. 25) in its latest threat report.
One of the latest threats the company disrupted involved an individual connected to Chinese law enforcement who tried to use its AI model to plan covert influence operations...
Interoperability in crypto payments has long been discussed as a technical aspiration. Over the past several months, it has started to look more like a commercial necessity.
As stablecoins and digital wallets enter mainstream commerce, financial institutions and their executives are no longer asking whether blockchain will play a role in payments. They are asking how to connect...
Home improvement company Lowe’s saw growth in its Pro, online and Home Services businesses in the fourth quarter while the do-it-yourself business remained muted.
Consumers remained reluctant to make significant investments in their homes amid the current economic uncertainty, so they continued to delay big-ticket, discretionary DIY projects, Lowe’s Chairman, President and CEO Marvin...
About a hundred years ago, so the story goes, F. Scott Fitzgerald, chronicler of the Jazz Age, turned to Ernest Hemingway and remarked, “The rich are different from you and me.”
To which fellow author Hemingway supposedly replied: “Yes. They have more money.”
The story resonates with a quarter century of the new millennium under our collective belts, but in the world of commerce, there...
While everyone is worried about AI’s ability to write everything from term papers to publication-ready journalism, it was a human writing about AI that rocked the markets. But as with many things surrounding artificial intelligence, a moderate approach is emerging.
Citrini Research’s Sunday (Feb. 22) Substack essay, “The 2028 Global Intelligence Crisis,” ricocheted through markets this...