[AINews] AI is eating Finance; AIE NYC now open
AI is increasingly permeating financial services as the next major vertical after coding, with OpenAI and Anthropic hosting dedicated NYC events and releasing finance-specific plugins and agent templa…
AI is increasingly permeating financial services as the next major vertical after coding, with OpenAI and Anthropic hosting dedicated NYC events and releasing finance-specific plugins and agent templa…
Cybersecurity researchers at Tel Aviv University and Intuit have identified a new attack called 'hallusquatting' that exploits AI coding assistants' tendency to hallucinate non-existent software packa…
Monk, a New York software maker, has added outbound phone calls and inbound callbacks to Julia, its AI accounts receivable agent, extending the product beyond email into a channel where mistakes carry…
PagerDuty on Tour 2026 revealed that IT leaders are prioritizing resilience in the agentic era after an AWS AI coding agent caused a 13-hour outage in December 2025. Key takeaways include that vibe-co…
Blackstone president Jon Gray told Gen Z analysts to think like founders, but a growing number are skipping corporate jobs to start businesses as AI lowers barriers. A GMAC survey found one-third of e…
Intermezzo, a Menlo Park payroll infrastructure developer, reported $8.3 million in equity sales as part of a $10.3 million private offering in a Form D filed with the SEC on July 21st. The company, f…
Morgan Stanley downgraded Salesforce on July 21, lowering its price target to $185 and citing shortcomings in the company's AI strategy that could ripple across tech sentiment. The bank's analyst repo…
Researchers from Tel Aviv University, Technion and Intuit have detailed a new AI attack called HalluSquatting that exploits AI hallucinations to trick assistants into downloading malicious software, p…
Avinash Kaushik, chief strategy officer at Human Made Machine and former Google executive, says marketers should renegotiate agency contracts this month and expect savings of 25% to 75% on existing sc…
IBM shares plunged more than 25% on Tuesday after the company reported preliminary second-quarter revenue of $17.2bn, up just 1% year-over-year and below analyst estimates of $17.86bn, as corporate cu…
IBM shares plunged 25% on Tuesday, erasing nearly $70 billion in market value, after CEO Arvind Krishna admitted the company had "faltered" on artificial intelligence and warned that clients shifted s…
IBM shares plunged 25% on Tuesday after the company warned that corporate spending is shifting from software to data-center infrastructure for AI, forecasting second-quarter revenue of $17.2 billion a…
Researchers at Tel Aviv University, Technion, and Intuit have identified HalluSquatting, a supply-chain attack where AI agents can be tricked into using hallucinated resource names that attackers pre-…
Intuit is reviewing its US media investments amid a stock decline, while maintaining high marketing spend. OpenAI expands its ChatGPT ads pilot across Europe with new custom audience features and ad e…
Researchers from Tel Aviv University, Technion, and Intuit have demonstrated a new attack called Adversarial HalluSquatting that exploits AI hallucinations to trick AI agents into using fake repositor…
Enterprise technology manager Adeel Ali warns that tech giants are falling into an 'AI Infrastructure Trap,' shedding human capital to fund skyrocketing AI infrastructure costs. Citing Layoffs.fyi dat…
Microsoft eliminated 4,800 roles, citing AI automation, joining a wave of tech layoffs that have cut 120,000 jobs in 2026. Oracle cut 21,000 employees, GitLab laid off 350 workers, and Google reduced …
OpenAI has expanded its personal finance features for ChatGPT to Plus subscribers in the U.S., allowing users to connect financial accounts, view spending dashboards, and ask finance-related questions…
American employers announced 97,006 job cuts in May 2026, the steepest monthly figure since January and the worst May since 2020, with artificial intelligence tied to 38,579 of the cuts, roughly 40% o…
Google's AI-generated search summaries are replacing traditional web links, undermining the open web by extracting value without returning traffic. Users increasingly rely on these summaries despite k…