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A new wave of announcements from big technology companies shows how quickly the artificial intelligence (AI) landscape is shifting. This week’s updates reflect a broader push to increase existing footprint from local PC agents to AI Super Factories.
Nvidia introduces a local AI agent for PCs
Nvidia introduced a new on-device AI tool through its RTX AI Garage program. The tool, called...
Artificial intelligence (AI) startup Mistral released the next generation of its models Tuesday (Dec. 2), saying they “represent the best performance-to-cost ratio in their category.”
The Mistral 3 models include three small, dense Ministral models (14B, 8B and 3B) and the company’s most capable model to date, Mistral Large 3, the company said in a Tuesday press release.
Mistral Large...
Cross-border payments are easier said than done. Particularly for multinational businesses or mid-size firms looking to expand overseas.
The reality is that cash routed across borders still travels through a labyrinth of correspondent banks, mismatched data standards, settlement delays, and opaque foreign exchange execution. The situation is “just fine,” but it’s not great. These are...
A Capitol Hill hearing Tuesday (Dec. 2nd) on prudential oversight made clear one problem looms over bank regulation: rulebooks designed for a different era.
Lawmakers from the House Financial Services Oversight Committee heard from senior officials from the Office of the Comptroller of the Currency, Federal Reserve, FDIC and National Credit Union Administration describe a regulated...
A record number of consumers shopped during the five days from Thanksgiving Day through Cyber Monday, with Black Friday remaining the most popular day, according to the National Retail Federation.
The number of consumers who shopped during that holiday weekend reached 202.9 million this year, up from 197 million in 2024 and 200.4 million in 2023, which was the previous record, the NRF...
Artificial intelligence (AI) is reshaping how global consumer goods companies design products, manage factories and run campaigns, prompting established manufacturers to rebuild core operations around data and automation.
Companies in the personal care sector are adopting these systems to shorten development cycles, reduce waste and respond more quickly to demand shifts. Unilever is...
Tonkean has acquired Cinch to grow its procurement and finance offerings as well as its presence in Europe, the Middle East and Africa.
The transaction brings together Tonkean’s process and agentic orchestration platform and Cinch’s artificial intelligence-powered finance and logistics intelligence platform, the companies said in a Tuesday (Dec. 2) press release.
Cinch’s platform turns...
Citigroup strategists reportedly said the artificial intelligence (AI) boom and the resiliency of global trade have reversed the weakness in the U.S. dollar that was seen during the first half of the year.
Citi strategists recommended in a Tuesday (Dec. 2) research note that emerging-market investors seek trades that would cushion against a potential rebound in the dollar, Bloomberg...
As companies experiment with agentic AI, some are discovering that real transformation starts when planning becomes dynamic. The World Economic Forum says global supply chains now operate under “perpetual volatility,” which eliminates periodic planning cycles.
Early trailblazers are responding by deploying agentic artificial intelligence systems that update supply, production and...
A California resident reportedly sued artificial intelligence startup OpenAI and data analytics provider Mixpanel on Monday (Dec. 1) after the companies disclosed a data breach in November.
Jon Woodard’s class action lawsuit alleges that the companies violated their duty to safeguard user data, and it seeks damages and injunctive relief requiring improved security measures, Bloomberg...