Goldman Sachs CIO Marco Argenti said the firm's more than 12,000 developers are all using AI, including Claude and Devin, and the focus is now on transferring institutional knowledge to AI agents thro…
The U.S. Securities and Exchange Commission has subpoenaed banks for trading and leverage records after AI-focused hedge fund Situational Awareness suffered a 67% drawdown and sold most of its public …
New York City now employs more tech workers than San Francisco — 394,300 to 375,730 — according to CBRE's "Scoring Tech Talent 2026" report, marking the first time NYC has led in 13 years. However, th…
Anthropic is accelerating plans for a U.S. IPO that could challenge SpaceX's record for the largest new share offering, targeting a $2 trillion valuation and a potential market debut in October. The c…
Citi, HSBC, and Standard Chartered have adopted Ant International's AI-powered foreign exchange tool, which uses machine learning to optimize currency trading and reduce costs. The tool, developed by …
Micron Technology shares fell more than 8% on July 28, 2026, as a sector-wide semiconductor selloff erased over $1 trillion in combined market capitalization from major chipmakers including SK Hynix, …
More than half of U.S. employees now use artificial intelligence at work, with 51% using it for writing and editing, according to Gallup, and AI agents are increasingly communicating on behalf of huma…
Sellara, a New York startup founded by former Citi employees, has launched AI agents that automate post-trade workflows for investment banks, and claims to be live with one of the largest U.S. banks. …
Only 38% of banks that have adopted AI report a financial return, while McKinsey estimates generative and agentic AI could add close to $2 trillion annually to banking, according to Gartner and McKins…
Stoa Markets, founded by Berat Celik, Eren Berke Saglam, and Kaan Yigit, launched on July 31 a request-for-quotation marketplace for institutions to buy and sell GPUs and AI servers through vetted cou…
JPMorgan raised its S&P 500 year-end target to 8,000 on August 10, 2026, up from 7,800, citing AI spending finally converting into revenue, and lifted its 2026 EPS forecast to $365 and 2027 to $420. S…
Advanced Micro Devices Inc. (AMD) reported record second-quarter non-GAAP earnings per share of $1.66, beating consensus estimates of $1.61, and total revenue surged 50% year over year to a record $11…
Palantir Technologies Inc. shares surged 29.8% on Tuesday after the company reported quarterly revenue of $1.9 billion and earnings per share of $0.41, beating estimates of $1.8 billion and $0.34. CEO…
Microsoft has introduced new limits on how much its engineers can spend on AI tools at work, telling employees that 'Tokenmaxxing is not what we are optimizing for.' Executive Vice President Jay Parik…
Procore will acquire DroneDeploy for approximately $845 million in cash, a deal announced on July 29th and expected to close in 2026, giving the construction software provider control of drones, robot…
The SEED Foundation's IdeaPOP! 2026 competition in Hong Kong received over a hundred applications from secondary school students, with nearly every proposal featuring artificial intelligence. The prog…
Wall Street forecasters say the next winners in the stock market will be AI adopters—companies that have enhanced productivity through artificial intelligence—as the market rotates away from Big Tech.…
Morgan Stanley analyst Adam Jonas says the current gap between increasingly negative investor sentiment and largely unchanged fundamentals creates an attractive buying opportunity in SpaceX stock, wit…
AMD CEO Lisa Su said demand for AI compute is at a premium and hyperscalers are seeing returns on their AI investments, justifying increased capital expenditure. AMD unveiled its next-generation Insti…
Velmeni received FDA 510(k) clearance for VELMENI for DENTISTS 3D, AI-assisted software that segments anatomy and reconstructs views from cone-beam computed tomography scans. The clearance gives CEO M…