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The Bancorp Launches Finetics®, Its Bank-Led Embedded Finance Solution
21+ min ago (784+ words) Application programming interfaces (APIs) are sets of rules that let different software programs talk to each other, like a waiter carrying requests between a customer and a kitchen. For investors, APIs matter because they enable fast sharing of data and…...
AI in the Driver's Seat: How Consumers Are Using Chatbots to Shop Car Insurance
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The AI Capex Wall: Why Financing Constraints Will Trigger A Slowdown
16+ min ago (77+ words) AI capex bubble risk is rising as hyperscalers face negative free cash flow, higher debt costs, and exotic financing. Read more on AI capex bubble bursting here. - AI Capex is in a bubble, with the consensus now expecting a reckoning…...
Creating Fake People is a Terrible Idea
7+ hour, 46+ min ago (631+ words) So why is a company pursuing digital avatars with such gusto? 7:00 AM CDT on October 7, 2026 A few days ago the “human computing company” Tavos announced a product called Griffin. Griffin is a “human interaction model.” Supposedly, it is the first…...
AI Hospitality Group aims for 500-basis-point margin gains in six months
1+ hour ago (1220+ words) AI Hospitality Group, a Dallas startup led by former Remington Hospitality CEO Sloan Dean, launched with $7.5 million to manage hotels using AI agents instead of selling software. It targets at least 500 basis points of gross operating profit margin within six…...
SpaceX Seeks $40 Billion to Buy Nvidia AI Chips
5+ hour, 24+ min ago (228+ words) SpaceX is reportedly seeking around $40 billion in financing to fund a major purchase of Nvidia chips, according to the Financial Times. The proposed deal could include $10 billion in bank loans and another $30 billion through investment-grade debt. Private equity firm Apollo…...
HSBC to reduce jobs in UK wealth division as it accelerates artificial intelligence adoption
4+ hour, 4+ min ago (295+ words) Dimsum Daily 7th October 2026 – (London) HSBC is set to implement major job reductions across its United Kingdom wealth management operations as the bank accelerates its integration of artificial intelligence technologies. According to industry sources reported by the Financial Times, the lender…...
What It Would Take for CrowdStrike Stock to Reach $500
23+ min ago (199+ words) CrowdStrike's AI opportunity is getting bigger, but so are the expectations. See what growth, margins, and valuation would have to look like for the stock's next leg higher. CrowdStrike (CRWD +2.27%) sits at the center of a fast-growing collision between AI…...
Can AI labs ever turn a profit?
4+ hour, 3+ min ago (149+ words) Klement on Investing Anthropic is about to IPO and I collect a lot of different data points in my latest Reuters column to asses if they can ever become profitable. The answer won’t surprise you, but it was fun putting…...
Tech companies tap debt, equity to fund AI and cloud expansion
39+ min ago (954+ words) The world’s largest technology companies are tapping debt markets and raising equity to bolster AI infrastructure, marking a shift for Silicon Valley firms that typically relied on cash to fund their investments. Alphabet, Amazon, Microsoft and Meta signalled in April…...