Cipher Digital (NASDAQ: CIFR) delivered initial high-performance computing capacity at its Black Pearl data center campus in Texas in early August, marking the start of rent for contracted HPC capacit…
Visa has agreed to acquire Israeli behavioral biometrics firm BioCatch for $2.4 billion in cash, as announced on 3 August 2026, to combat AI-powered fraud such as account takeovers and digital scams b…
Leopold Aschenbrenner's Situational Awareness fund sold the bulk of its public-equity portfolio to Ken Griffin's Citadel on 30 July, following steep losses across leveraged AI positions. The sale came…
The TAIEX, Taiwan's main stock index, slumped 3.8% as AI bubble contagion spread from Korea to Taiwan, according to Disruption Banking. The market-cap weighted index, dominated by semiconductor and te…
South Korea's KOSPI index has lost 33% of its value since June and fell another 7.3% between July 27 and 28, triggering its 8th circuit breaker of the year, according to Disruption Banking. The articl…
HSBC will launch a Global AI Centre of Excellence in Singapore in the second half of 2026 to develop artificial intelligence capabilities for global scaling, initially focusing on enhancing customer w…
Anthropic will support the UK Financial Conduct Authority's Supercharged Sandbox by providing access to its Claude AI models, including Claude Code and Claude Cowork, to help participants safely exper…
Zodia Custody, a bank-backed digital asset custodian, aims to bridge traditional finance and digital assets by focusing on institutional clients and meeting TradFi standards while supporting blockchai…
Asian equity markets opened sharply lower Friday, with South Korea's benchmark KOSPI index tumbling more than 6% amid a renewed sell-off in semiconductor and technology stocks, according to Disruption…
A Ghana-based fintech, Bitsika, is promoting a crypto virtual card that allows users in Iran to bypass U.S. sanctions, with the ad copy generated by artificial intelligence. The card can be funded wit…
Axivus BankSocial has admitted Axivus Corp. as the first startup partner in its Converge AI Accelerator program, the company announced July 15, 2026. Axivus Corp. was founded by undergraduates from Du…
Hedge funds have net-sold U.S. information technology hardware and semiconductor stocks for four consecutive weeks, according to Goldman Sachs prime brokerage data reported by Reuters on July 6. The s…
Aurum Foundation, which claims to be an AI infrastructure provider, is actually a Ponzi scheme, according to an investigation by Disruption Banking that observed its recruiting calls. The foundation n…