Companies including Amazon, JPMorgan, Meta, and Disney have implemented AI usage leaderboards to encourage adoption, leading to a phenomenon called 'tokenmaxxing' where employees inflate token consump…
SK hynix, the leading supplier of high-bandwidth memory to Nvidia, is planning a Nasdaq listing as soon as August, aiming to join Wall Street's AI winners and potentially raise up to $14 billion. The …
Jane Street, a quantitative trading firm, now holds a $20 billion private company portfolio, including a stake in AI company Anthropic. The firm reported $39.6 billion in trading revenue for 2025, sur…
Federal Reserve Chair Kevin Warsh held interest rates steady at 3.50%-3.75% during his first FOMC meeting on June 17, 2026, removing forward guidance and declining to submit his own dot-plot projectio…
A new pattern library for AI architecture in regulated financial services addresses constraints such as regulatory audit requirements, latency SLAs, data residency rules, fair lending exposure, and mo…
Alchemy's AgentCard product has integrated with Visa Intelligent Commerce, enabling AI agents to autonomously make purchases across the Visa network using payment tokens, email addresses, and crypto w…
Meta's newly appointed President Dina Powell McCormick is leveraging her Wall Street connections, including relationships with JPMorgan CEO Jamie Dimon, to secure financing for the company's massive A…
Jeff Bezos, co-founder of Amazon and AI startup Prometheus, warned at the VivaTech conference that artificial intelligence will create a labor shortage rather than mass unemployment, as AI boosts prod…
JPMorgan raised its price target on Broadcom stock to $580, implying over 46% upside, citing the company's dominance in AI chips and accelerating AI revenue growth past 200% year-over-year. The bank r…
JPMorgan raised its estimates for global AI and data center spending to at least $5 trillion by 2030, citing a surge in capital expenditures from hyperscalers and strong demand for high-yield data cen…
Anthropic's new AI model, Mythos, autonomously discovered over 2,000 previously unknown software vulnerabilities across all major operating systems in seven weeks, developing working exploits without …
Nvidia plans to raise up to $25 billion in its first bond sale since 2021, drawing $85 billion in early orders as tech giants race to fund AI infrastructure. The offering spans seven tranches with mat…
Shares of Chinese AI lab Zhipu (Knowledge Atlas Technology) surged up to 48% on Monday after the US forced Anthropic to restrict access to its Claude models, with Wall Street analysts betting China wi…
Shares of Chinese AI developer Zhipu surged up to 48% in Hong Kong trading after JPMorgan raised its target price to HK$1,400 and Bank of America initiated coverage with a buy rating, amid tightening …
JPMorgan's Alex Yao says China's AI competition has shifted from raw technical performance to delivering measurable business value, with major platforms like ByteDance introducing paid subscriptions f…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York Attorney General Letitia James serving a subpoena for documents on advertising, data handling, and mode…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York serving a subpoena demanding records on advertising, user data, minors, and internal policies. The prob…
Bitcoin nearly hit $64,000 on Friday, and analysts predict a more favorable second half of 2026, citing potential catalysts such as a US-Iran peace deal and mega IPOs. Standard Chartered's Geoff Kendr…
Goldman Sachs President John Waldron cited SpaceX’s upcoming IPO as proof of strong investor appetite for artificial intelligence infrastructure, pointing to the company’s $1.75 trillion to $1.8 trill…
SpaceX raised a record US$75 billion in its initial public offering on Thursday, making Elon Musk the world’s first trillionaire with a net worth exceeding US$1.1 trillion. The IPO highlights investor…