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Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.
23 January 2025
Goldman Sachs is rolling out a Generative AI assistant to its staff in the first stage of a programme that aims to create a bot capable of thinking and acting like a veteran employee.
22 January 2025
Royal Bank of Canada has teamed with AI vendor Cohere to co-develop a security and data privacy application using generative AI.
Nationwide Building Society is to expand its use of Generative AI, after reporting a successful first implementation with Microsoft.
21 January 2025
Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI), a cutting-edge advancement enabling AI systems to make decisions and execute tasks autonomously.
20 January 2025
Google's early-stage AI fund has led a $3 million seed round for Arva AI, a startup that helps banks and fintechs automate AML and KYB compliance.
16 January 2025
Nevermined, a startup building payments infrastructure for AI-to-AI transactions, has raised $4 million in funding.
15 January 2025
Blockchain analysis giant Chainalysis has acquired generative AI-powered fraud detection startup Alterya.
14 January 2025
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.
09 January 2025
Imagine a company with no human staff, founded and run solely by an AI agent. It sounds like the stuff of sci-fi, but this is a vision of the future that former Monzo co-founder Jonas Templestein is now working to bring into existance.
08 January 2025
Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.
02 January 2025
With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.
23 December 2024
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