25 place 3
Will AI make investment bankers and traders irrelevant? That's one of the most talked-about questions in finance these days.In reality, banks are already feeling the impact of AI on their behind-the-scenes plumbing, where payments, cash management, treasury and foreign exchange operations are embracing AI models to cut costs in these notoriously low-margin businesses.Several big banks, including Citigroup, Barclays and Standard Chartered, have tapped data and analysis from Chinese fintech giant Ant Group to
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The Information
Govs. Gavin Newsom and JB Pritzker demand Trump pay Americans $1,700 in tariff refunds after the Supreme Court ruling. Read more âș
7,826 fresh
Justices Kavanaugh, Alito, and Thomas argued that Trump's tariffs were lawful and that reversing them could get messy. Read more âș
1,869
The president insisted he'll find other ways to make the tariffs that have rocked the tech industry happen. Read more âș
989 fresh
OpenAI recently raised its outlook for revenue for the next five years, predicting it would generate about 27% more than previously forecast from sales of its ChatGPT subscriptions and other business lines, The Information reported Friday. But it warned it will burn more than twice as much cash ... Read more âș
987 fresh
The landmark 6-3 ruling knocks down a load-bearing beam of Trump's economic agenda. Read more âș
751
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: Donald Trumpâs tariffs are unlawful, the Supreme Court said on Friday.  What just happened? In a 6-3 decision, the Court struck down the sprawling tariffs [âŠ] Read more âș
501 fresh
The process for IEEPA tariff refunds will likely go through the Court of International Trade. Already, over 1,000 lawsuits are pending. Read more âș
424 fresh
Comments and other data left on a PDF detailing Homeland Security's proposal to build âmegaâ detention and processing centers reveal the personnel involved in its creation. Read more âș
385
According to a new rumor, Realme is working on the C83, which will be positioned under the C85, just like the naming scheme implies. The C85 made its debut in November. The C83 is said to arrive in three RAM/storage combos: 4/64GB, 4/128GB, and 6/128GB. Their prices in India are rumored to be INR 13,499, INR 14,499, and INR 17,499, respectively. Realme C85 The C83 has the model number RMX5256... Read more âș
378 fresh
The Supreme Court fast-tracked a case over whether President Donald Trump's "Liberation Day" tariffs. Read more âș
348
In a 6-3 ruling, justices upended the Trump administration's signature economic policy, potentially putting the US government on the hook for at least $175 billion in tariff refunds. Read more âș
322
Homeland Security aims to combine its face and fingerprint systems into one big biometric platformâafter dismantling centralized privacy reviews and key limits on face recognition. Read more âș
303 fresh
After the US Supreme Court struck down President Donald Trumpâs tariff regime, investment firms are in line for a whopping return on a niche trade. Read more âș
299 fresh
The Supreme Court handed down its long-awaited decision in Learning Resources v. Trump on Friday, with a total of six justices concluding that a wide range of tariffs imposed by President Donald Trump are illegal. Chief Justice John Roberts, a Republican, wrote the opinion. At least some of his opinion was joined by five other [âŠ] Read more âș
271
Microsoft gaming boss Phil Spencer has just announced he's leaving the company after 12 years leading Xbox and nearly 40 at Microsoft in total. His replacement: Asha Sharma, formerly head of development for Microsoft's AI enterprise teams. Before that, she was COO of Instacart for three years, and spent four at Meta in charge of [âŠ] Read more âș
259 fresh
What scientists thought were four separate star clusters are actually part of one nearly invisible system. Read more âș
253 fresh
A new interview with the 'Star Wars' series creator digs deep into its political parallels. Read more âș
252 fresh
The Information
Meta Platforms plans to release its first smartwatch in 2026, according to two people familiar with the matter. Metaâs plans come as other big tech companies, including Apple, OpenAI and Google, are stepping up their plans for new consumer devices. The company has revived a previously shelved smartwatch project, now code-named Malibu 2, and intends to release it later this year with health-tracking features and a built-in Meta AI assistant.... Read more âș
49
Alibaba Group on Monday unveiled Qwen3.5, the new generation of its large language models, adding to the recent flood of new AI model releases from Chinese companies ahead of the Lunar New Year, Chinaâs biggest holiday. Alibaba, a major global competitor in open-source AI models, said ... Read more âș
34
Anthropic expects to pay Amazon, Google and Microsoft at least $80 billion to run its Claude AI on their cloud servers through 2029, according to the startupâs most optimistic recent forecasts. Thatâs not the only way the tech giants can make money from Anthropic: They get a cut of the revenue Anthropic generates if their customers buy its AI. And thatâs a fast-growing source of revenue. Anthropic paid only about... Read more âș
27
Perplexity is no longer offering ads, an executive told The Financial Times. The AI search startup is pulling back from this line of business as rival OpenAI started showing its users ads in ChatGPT conversations earlier this month. The company said it was worried ads would undermine usersâ ... Read more âș
27
Etsy saw its profit dip in the fourth quarter, even as revenue grew slightly, the company said Thursday, a day after the online marketplace said it would sell the Gen Z-focused clothing resale app Depop to rival eBay for $1.2 billion. Etsy reported revenue of $881.6 million, a 6.6% increase from ... Read more âș
25
A new holy grail has emerged in the AI industry in recent months: continual learning, or the promise of AI thatâs able to learn from real-world experience the way humans do, without having to undergo long formal training processes that require tons of computational power and data.And as youâd might expect with the rise of an ill-defined, buzzy term in the tech sector, investors are already telling me that theyâre... Read more âș
22
The Department of Homeland Security has begun ramping up its use of administrative subpoenas to obtain identifying information from major tech companies on anonymous social-media accounts that criticize or track Immigration and Customs Enforcement or post about ICE agentsâ locations. The New ... Read more âș
22
Over the last two years, investors and researchers have flocked to startups helping bring AI into the physical world, from developing robot hands to the AI models that train robots to software to train self-driving cars. Now one startup says it can solve a perennial problem for robots and other AI-powered systems: getting precise location data that helps the bots detect other people and things.ZaiNar, a Belmont, Calif.-based startup that... Read more âș
22
The U.S. Department of War is considering ending its partnership with Anthropic over a dispute about how the startupâs AI model, Claude, can be used by the U.S. military, according to an Axios report. Defense officials have been pushing leading AI firms to allow military use of their tools for â ... Read more âș
11
OpenAI is finalizing initial commitments from investors in a round that could raise $100 billion at a $830 billion valuation including the investment, according to two people with direct knowledge of the fundraising. SoftBank is expected to anchor the round with a $30 billion investment, which it will spread in three installments of $10 billion each through the year, according to the two people. Amazon, which supplies cloud services to... Read more âș
10
Most popular sources
Business Insider
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30% 16 |
Gizmodo
|
11% 5 |
Tom's Hardware
|
9% 4 |
Wired
|
8% 2 |
Ars Technica
|
8% 5 |
| View sources » | |
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20.02.2026 22:48
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News rating updated: 05:40.
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