Tagged: artificial intelligence

July 2, 2026 @ 1:04 am By Omar Faridi  |  

OKX has launched OKX AI, a new marketplace that enables artificial intelligence agents to find work, collaborate with each other, complete tasks, and receive payments entirely on the blockchain. The platform represents a significant expansion for the cryptocurrency exchange into infrastructure supporting autonomous software systems… Read More

June 27, 2026 @ 9:38 pm By Omar Faridi  |  

OpenAI has begun a restricted preview of its latest frontier model family, GPT-5.6, introducing three specialized variants: Sol as the flagship powerhouse, Terra as a balanced mid-tier option, and Luna as the fastest and most economical choice. The rollout emphasizes meaningful gains in complex reasoning… Read More

June 27, 2026 @ 8:24 am By Omar Faridi  |  

Shares of SoftBank Group Corp. dropped sharply on June 26, 2026, falling more than 12 percent in Tokyo trading. The decline marked the steepest single-session loss for the Japanese investment firm since August 2024 and reflected growing investor unease following reports that OpenAI may postpone… Read More

June 23, 2026 @ 10:37 pm By Omar Faridi  |  

PitchBook has indicated that the first half of 2026 has delivered exceptional venture capital activity in the United States, though much of the momentum remains concentrated among a handful of artificial intelligence leaders. PitchBook’s 2026 US Venture Capital Outlook Midyear Update, released in late June,… Read More

June 22, 2026 @ 10:23 pm By Omar Faridi  |  

The European Central Bank (ECB) has explained in a recent update that artificial intelligence is transforming workplaces worldwide, sparking intense debate about its consequences for employment. While concerns about widespread job losses persist, a recent analysis from the European Central Bank highlights that aggregate effects… Read More

June 22, 2026 @ 2:02 am By Michael Wong  |  

Hong Kong companies are investing an average of $214 million in AI, about 17% above the global average, as financial institutions and multinational corporations step up spending on the technology, a DLA Piper spokesperson told Crowdfund Insider. The average AI investment in Hong Kong stands… Read More

June 13, 2026 @ 3:18 pm By Michael Wong  |  

Global investment firm KKR, together with the Kuwait Investment Authority (KIA), chipmaker NVIDIA, and U.S. utility Vistra, has launched a new artificial intelligence infrastructure platform with more than $10 billion in committed capital. The venture, called Helix Digital Infrastructure, aims to finance and develop the power,… Read More

June 13, 2026 @ 3:15 pm By Omar Faridi  |  

The global artificial intelligence (AI) industry faced fresh volatility as secondary market trading for Anthropic‘s shares took a hit. This followed a swift directive from US officials compelling the firm to restrict its latest high-performance models due to perceived security risks. The incident highlights escalating… Read More

June 11, 2026 @ 12:33 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has issued a Dear CEO Letter that outlines clear supervisory expectations for licensed financial services firms regarding the responsible use of artificial intelligence. Released recently this month, the comprehensive document from the MFSA provides practical direction as institutions increasingly… Read More

June 10, 2026 @ 2:39 pm By Omar Faridi  |  

Anthropic  may emerge as the standout frontier AI company preparing for public markets (according to a detailed analysis). The firm scores high on an AI Business Quality (AIBQ) framework, earning an 8.2 out of 10—significantly ahead of peers like OpenAI. This positions it as a… Read More

June 10, 2026 @ 12:18 pm By Omar Faridi  |  

Volante Technologies, a provider of Payments as a Service solutions, has officially launched Vol360i, an agentic artificial intelligence system embedded within its core payments infrastructure. The announcement  represents a key advancement in intelligent automation for the banking and financial services industry, setting fresh standards for… Read More

June 8, 2026 @ 7:28 pm By Michael Wong  |  

Singapore-headquartered DayOne Data Centers said it has announced the final closing of its Series C equity financing with total gross proceeds of $4.5 billion, as the global digital infrastructure platform moves to accelerate expansion across Asia Pacific and Europe. The Series C round was led… Read More

June 2, 2026 @ 11:24 pm By Omar Faridi  |  

Tether’s AI Research Group has introduced an enhancement to its open-source ecosystem. The company released a production-ready version of TurboQuant, a memory compression technique originally developed by Google Research. Integrated into the latest QVAC SDK (version 0.12.0), this technology dramatically expands what everyday devices can… Read More

June 2, 2026 @ 9:09 pm By Omar Faridi  |  

PitchBook has indicated that consumer AI continues to evolve with adoption surging alongside advances in frontier language models. According to PitchBook’s latest analysis, generative AI app downloads surged from around 200 million in 2022 to approximately 3.8 billion in 2025, while mobile in-app purchase revenue… Read More

May 27, 2026 @ 9:32 am By Omar Faridi  |  

BNP Paribas (EPA: BNP) has renewed and expanded its partnership with French AI focused firm Mistral AI for an additional three years. This extension builds on their initial collaboration that started in 2023 and was formalized in 2024, marking a deeper commitment to integrating sophisticated… Read More

May 25, 2026 @ 7:19 pm By Omar Faridi  |  

The AI digital divide is very much a real phenomenon and not really a key digital technology trend that too many Fintech industry professionals are even talking about (as they should be). With global AI adoption surging dramatically across countries and jurisdictions, we have all… Read More

May 15, 2026 @ 12:24 pm By Omar Faridi  |  

Accenture Federal Services, part of Accenture (NYSE: ACN), has formed a major new alliance with OpenAI aimed at helping federal agencies quickly embrace, transition, and expand cutting-edge artificial intelligence technologies. As a designated OpenAI partner, the firm will guide clients from initial testing phases to fully… Read More

May 15, 2026 @ 10:57 am By Omar Faridi  |  

PitchBook has indicated that venture capital activity in artificial intelligence reached explosive new levels during the first three months of 2026, according to PitchBook’s latest research preview. Total AI-related investments climbed to $255.5 billion in the quarter—surpassing the entire $254.4 billion raised across all of… Read More

May 11, 2026 @ 4:16 pm By Omar Faridi  |  

Blockchain security firm CertiK has outlined a transformative vision for autonomous AI systems in a new analysis released recently this month. Today’s AI agents operate in isolated environments, relying on large language models for decision-making but lacking uniform ways to prove who they are or… Read More

May 7, 2026 @ 9:12 am By Omar Faridi  |  

The Solana Foundation has joined forces with Google Cloud in order to introduce Pay.sh, a gateway that lets AI agents independently discover, access, and settle payments for APIs using stablecoins on the Solana blockchain. Announced recently this month, the initiative aims to remove longstanding barriers… Read More