Alerts
Nvidia is reportedly in talks to acquire Reflection AI, a U.S. maker of open-weight artificial intelligence models. That’s according to a report Saturday (Oct. 10) by the Financial Times (FT), which noted that the White House has been counting on U.S. open-weight models to rival those from China. So...
The Commodity Futures Trading Commission (CFTC) wants to define financial swaps to include event contracts based on sports, political, cultural and weather-related events. The regulator published a proposed rulemaking plan Friday (Oct. 9), part of an ongoing legal fight around the prediction markets...
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter. They said the spend management platform brought in $1.85 billion in the round, and that the $60 billion valuatio...
The White House is reportedly requiring artificial intelligence companies to report and correct security incidents. The mandate from the White House Super Intelligence Force came Friday (Oct. 9) after Anthropic disclosed a series of breaches, Axios reported. “This notification and remediation proces...
Amazon is reportedly in discussions to purchase artificial intelligence startup Decart in a roughly $7 billion deal. That’s according to a report Sunday (Oct. 11) by The Wall Street Journal (WSJ), citing sources familiar with the matter. Those sources say a deal could come together soon, provided th...
Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to Brevan Howard funds, Ripple said in a Tuesday (Oct. 6) press release. This agreement represents a deepening of the relationship between Ripple, a provider of blockchain solutions across traditional and digital ...
Financial institutions that are using the Bank of North Dakota’s (BND) new stablecoin, Roughrider Coin, are finding that it delivers practical benefits, BND said in a Monday (Oct. 5) press release. The stablecoin went live Oct. 1, according to a press release issued at the time by Fiserv, the global...
The artificial intelligence buildout is still in its early-to-middle stages, Citi Wealth said in a report released Wednesday (Oct. 7). The AI investment cycle is facing greater scrutiny due to higher interest rates, increasingly capable open-weight models, regulatory pressure and rising infrastructu...
A traveler who types a vague idea for a winter getaway into Hilton’s website can now get back a destination, a hotel and a plan for the trip. Hilton’s AI Planner had held more than 18,000 conversations with guests as of August, the company said. Orlando, Aspen, the Caribbean, Chicago and New York Ci...
ChatGPT is getting a new user interface that enables it to include text, visuals and interactive elements in its responses to users’ questions, OpenAI said in a Wednesday (Oct. 7) press release. The new Intelligent UI is included in GPT-6 in ChatGPT, a new model that is rolling out to ChatGPT Plus, ...
When Samsung Electronics releases its preliminary third quarter results Thursday (Oct. 8), analysts will be looking for data on whether memory chip margins have peaked and whether the artificial intelligence spending boom remains durable, Reuters reported Wednesday (Oct. 8). Samsung will release its...
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control (OFAC) warned foreign financial ...
