6+ hour, 2+ min ago   (868+ words) Former President Barack Obama is urging Democratic leaders to make artificial intelligence policy a major political priority, warning that the technology’s rapid development could create serious dangers without stronger oversight. Obama raised the concerns during a private fundraising event last…...

8+ hour, 42+ min ago   (164+ words) PYMNTS.com The Hidden Cost of Checkout Gaps: What 56 Million Abandoned Carts Mean for U.S. Merchants and How Agentic AI is Changing What Comes Next They’ve picked the product and are ready to pay. Then their preferred digital wallet is missing,…...

2+ day, 13+ hour ago   (403+ words) OpenAI CEO Sam Altman told employees in a company-wide meeting that the firm is considering slowing down its development of cutting-edge artificial intelligence, Bloomberg reported Friday (Sept. 11), citing unnamed sources. Altman said that he hopes other AI labs will join…...

1+ day, 21+ hour ago   (342+ words) Artificial intelligence startup Cohere is in advanced talks to raise between $2 billion and $3 billion at a valuation of $20 billion, The Globe and Mail reported Friday (Sept. 11). The deal could close as soon as next week, although it has not been…...

1+ day, 23+ hour ago   (478+ words) AI is collapsing the walls between venture capital and infrastructure finance. Nvidia’s rise to the top of the $100M-plus funding round leaderboard shows that startups are increasingly being financed alongside the compute, power and data centers they need to scale....

2+ day, 19+ hour ago   (910+ words) Revolut and Upstart are pursuing national banks that can take insured deposits and originate loans, while Circle and Block are using national trust charters for custody and other specialized activities. The OCC received 40 de novo charter applications in 18 months, including…...

2+ day, 20+ hour ago   (530+ words) AI agents may not need money; they need permission to spend it. Treasury can keep liquidity centralized while software receives programmable authority to create approved obligations. Virtual cards, stablecoins and bank rails become execution options, not the core product. The…...

2+ day, 22+ hour ago   (341+ words) Instacart launched Clementine on Wednesday (Sept. 9) in the United States and Canada, an AI assistant that turns a message like “high-protein easy dinners for two” into a ready-to-buy cart, built on 1.6 billion lifetime orders and 10 million daily inventory signals. It’s…...

3+ day, 42+ min ago   (394+ words) The startup, founded by two veterans of Intuit, automates payroll for human capital management (HCM) platforms, Intermezzo said in a Thursday (Sept. 10) news release. These platforms often have no localized payroll capabilities in most international markets, requiring them to work…...

3+ day, 5+ hour ago   (336+ words) The artificial intelligence investment boom poses potential risks to global financial stability, Bank for International Settlements General Manager Pablo Hernández de Cos said Thursday (Sept. 10). “The concern is straightforward,” de Cos said. “Should the returns to AI disappoint, a pullback…...