Upstart stock drops, AI model ‘overreacts’ to macro signals
Key insight: Upstart’s stock plummeted 14.8% not because of poor profits, but because its own AI model intentionally…
Beyond the lease: 10 European startups bridging real estate and finance
PropTech, short for property technology, is transforming how we buy, rent, and manage places to live, work and…
Evolve Bank CEO fired propositioning FBI agent who posed as teen boy
Bob Hartheimer, CEO of Tennessee’s Evolve Bank & Trust, was fired after U.S. law enforcement officials caught him…
Fiserv’s $30 Billion Wipeout Came After Client Revolt Over Fees
When Mike Lyons joined Fiserv Inc. early this year, he was stepping into a fintech riding high with…
Fiserv stock craters 44% after company slashes guidance
Cheng Xin | Getty Images News | Getty Images Fiserv‘s stock plummeted 44% Wednesday and headed for its…
PayPal, OpenAI sign ChatGPT payments deal
Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal PayPal has signed a deal with OpenAI to have its…
Apple Pay Turns 11 and Its Rivals Are Catching Up
Digital wallets have reached a turning point. Weekly in-store usage has more than doubled year over year, and…
BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…
AI enabled Klarna to halve its workforce—now, the CEO is warning workers that other ‘tech bros’ are sugarcoating just how badly it’s about to impact jobs
From Ford CEO Jim Farley to Anthropic’s Dario Amodei, a growing number of CEOs are ringing the alarm…
India building high performance computing capacity under AI mission for equitable access
Mumbai: Under its artificial intelligence (AI) mission, India is building high-performance computing capacity to ensure that every innovator…
WealthKernel taps Yeeld to bring AI-powered investing to consumers
By Vriti Gothi Today AI Digital Banking Digital Lending WealthKernel has partnered with Yeeld, an AI-powered financial assistant…
With its latest acqui-hire, OpenAI is doubling down on personalized consumer AIÂ
OpenAI has acquired Roi, an AI-powered personal finance app. In keeping with a recent trend in the AI industry, only the…