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The Financial Stability Board published a peer review report finding further work needed on public sector backstop funding mechanisms.
SoftBank CEO Masayoshi Son has held talks with UAE investors to raise up to $100 billion for AI infrastructure and semiconductor ventures.
The cost of credit default swaps for AI companies seeking to borrow is reportedly rising, according to Financial Times reporting.
Nvidia-backed data centre operator Firmus pulled its proposed $5bn Sydney IPO, citing recent market volatility.
Mumbai-based lendtech Rezolv secured a $12.5m Series A round led by Norwest to expand AI lending and underwriting tools.
Lumentum optical components are sold out through early 2029 due to surge in tech company demand for AI data center infrastructure.
DuckDB v2.0 CLI adds an agent mode, reducing token consumption and optimizing query outputs specifically for AI coding agents.
Epic Systems identified audit-bypass security flaws in its MyChart software using Anthropic's Claude Mythos model for penetration testing.
Databricks introduced Lakebase to support branching databases for coding agents within agentic software development workflows.
Anthropic launched OSS Scanner to provide free, periodic vulnerability scans for open-source software projects.
The White House announced $2.4 billion in AI and compute resources contributed by 11 tech companies for federal science missions.
A Finextra analysis argues entity resolution across legacy systems is the primary operational bottleneck for agentic AI in banking.
The Federal Reserve Board issued an enforcement action against American Express regarding failures in anti-money laundering monitoring.
The OCC issued a cease-and-desist order and a $350 million penalty against American Express National Bank over BSA/AML deficiencies.
OpenAI informed investors its annualised run-rate revenue reached $50bn in September, lower than previously reported $70bn estimates.
Spade CEO Oban MacTavish argues that banks should prioritize AI for revenue generation rather than solely cost-cutting efficiencies.
Three dismissed OpenAI researchers dispute misconduct allegations, warning in an open letter that their firing harms AI safety culture.
PYMNTS reports that falling inference costs and expanding model choices are altering the economics of customer-service automation.
TrueLayer secures $27 million in a funding round led by CDP Venture Capital to expand its European pay-by-bank infrastructure.
AWS introduced Amazon Bedrock AgentCore payments, enabling AI agents to pay per inference on demand using the x402 protocol with spend limits.
NVIDIA's KGMON team placed second in the KDD Cup Data Agents competition using a smaller agent harness architecture.
LMArena operator raises $200M at a $3.1B valuation to expand AI model benchmarking into safety and alignment evaluation.
OpenAI’s annualized revenue is reportedly $20 billion lower than previously projected estimates of $70 billion.
Google is expanding Gemini into an agentic system that executes tasks across business apps and receives a unique workplace email identity.
Anthropic updated its usage policy to explicitly prohibit model abuse, election interference, weapons software, and surveillance.
OpenAI's mathematical proofs deviated from guidelines set by researchers consulted by the lab, according to TechCrunch.
USA Today Co. has sued OpenAI for over $250 million, alleging unauthorized use of hundreds of thousands of articles to train AI models.
Union Square Ventures has nearly doubled its core fund size, raising $900 million to target early-stage AI investments.
Bloomberg reports on tech visa suspensions, Samsung and TSMC earnings growth, and ongoing investor scrutiny over AI infrastructure spending.
AI agents could automate cash sweeps from non-interest-bearing deposits, threatening $1.6T in zero-cost bank funding.