A Verasight poll finds 69 percent of Americans support Senator Bernie Sanders' proposal requiring top AI companies to place 50 percent of their stock into a public sovereign wealth fund, which Sanders…
Anthropic, an AI research company, is reportedly planning an initial public offering as early as October, with Morgan Stanley, Goldman Sachs, and JPMorgan involved, potentially listing before competit…
IBM suffered the worst single-day stock crash in its 115-year history on July 14, 2026, plunging 25% and erasing roughly $40 billion in market value after reporting preliminary second-quarter revenue …
JPMorgan Chase CEO Jamie Dimon warned that Anthropic's Mythos AI model poses 'very heightened' cybersecurity risks for the financial sector, citing thousands of unpatched vulnerabilities that could ta…
Citi technology chief Tim Ryan said the bank will not track employees' every AI move, arguing that over-measurement stifles innovation and uninspires workers. Ryan, who oversees Citi's nearly $12 bill…
Anthropic launched Ode, a standalone AI enterprise services firm backed by approximately $1.5 billion in capital from Blackstone, Hellman & Friedman, Goldman Sachs, General Atlantic, Apollo Global Man…
Anthropic PBC is seeking to meet with investors ahead of a potential mega-IPO, with banks scheduling meetings in the coming weeks for the Claude chatbot maker, which is considering an IPO as soon as O…
Ode, a joint venture backed by Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs, is betting that a handful of forward-deployed engineers can replace an army of consultants to help enterpri…
Anthropic, in partnership with Blackstone, Hellman & Friedman, and Goldman Sachs, has launched a new AI enterprise services firm with a $1.5 billion investment. The unnamed entity aims to integrate An…
Anthropic-backed Ode, led by CEO Chris Taylor, launched on May 4 with $1.5 billion in committed capital from Blackstone, Hellman & Friedman, Goldman Sachs, and others, betting that the real value in e…
Anthropic and Blackstone have launched Ode, a $1.5-billion AI implementation joint venture that acquires Fractional AI to help enterprises deploy AI, betting that the next trillion-dollar business lie…
Canada's Office of the Superintendent of Financial Institutions (OSFI) warned major banks and insurers on April 29 about cybersecurity risks from Anthropic's Claude Mythos, an AI model that discovers …
Morgan Stanley reported record net income of $5.58 billion, or $3.46 per share, and record revenue of $21.35 billion in the second quarter, driven by an AI-fueled surge in trading and dealmaking. The …
Goldman Sachs posted record Q2 net revenue of $20.3 billion and EPS of $20.98, beating analyst estimates by 46% and 26% respectively, while JPMorgan reported $21.2 billion in net income on $58 billion…
Scott Logic hosted an event, Adopting Agentic: Software Engineering for the AI Age, featuring talks on the human and organizational impact of AI in software engineering. Colin Eberhardt, Scott Logic C…
Wall Street's biggest banks reported collective profits of $49 billion in Q2, up 39% year over year, driven by an AI boom that fueled record equity trading and underwriting fees. Goldman Sachs CEO Dav…
Goldman Sachs CEO David Solomon said Wall Street is in the middle of an AI capex 'super cycle' that is driving elevated levels of strategic activity, financing, and capital formation across markets, a…
Major UK recruitment firms Hays, PageGroup, and Robert Walters are slashing costs as a combination of the Iran war and AI-driven automation freezes permanent hiring across Europe. Robert Walters poste…
Goldman Sachs US economist Elsie Peng warned in a July 2026 research note that generative AI's macroeconomic productivity gains may not materialize until the early-to-mid 2030s, drawing parallels to t…
Amazon CEO Andy Jassy said an internal project that once required 40 to 50 people for a year was completed by five AI-focused staff in 65 days, highlighting the tension with Jeff Bezos's claim at the …