HSBC Appoints First Chief AI Officer to Drive Automation
HSBC appoints first chief AI officer to expand generative AI use, aiming to cut costs and boost performance across global banking operations.
HSBC appoints first chief AI officer to expand generative AI use, aiming to cut costs and boost performance across global banking operations.
OpenAI has introduced ChatGPT for Excel in beta, enabling users to build and analyze spreadsheet models directly within workbooks. The release also adds financial data integrations from major providers such as FactSet and Dow Jones Factiva.
MSCI introduces AI connectors enabling access to its data via MSCI ONE, ChatGPT, and Claude, debuting IndexAI Insights to deliver conversational index analytics powered by large language models.
Crypto.com said it has become the first digital asset platform to receive ISO/IEC 42001 certification, underscoring its push to formalize AI governance and risk management.
AI coverage of finance and banking, tracking deployments, deals, and policy shaping fraud detection, risk management, and operations across banks, fintechs, and markets.
Mistral AI released the general availability of Mistral Vibe 2.0, upgrading its terminal-based coding agent as it shifts developer tools from testing to paid enterprise products.
AI-driven news and analysis across major global industries – covering how artificial intelligence is transforming business, infrastructure, and services worldwide.
OpenAI is paying employees an average of $1.5 million in stock-based compensation, far exceeding peer startups as it races to retain top AI talent. The strategy is inflating losses and reshaping expectations ahead of a potential IPO.
European banks could eliminate more than 200,000 jobs by 2030 as artificial intelligence reshapes operations and accelerates branch closures. Back-office, risk, and compliance roles are expected to be most affected.
Artificial intelligence has become a major factor behind U.S. job cuts in 2025, with companies citing automation and efficiency gains as reasons for workforce reductions. More than 55,000 layoffs this year have been directly attributed to AI adoption.
Anthropic has partnered with Accenture in a multi-year deal to train employees on Claude AI and integrate Claude Code tools into enterprise development workflows.
Coinbase Ventures identifies AI and crypto as the next frontier for onchain innovation in 2026. AI-driven smart contracts, robotics data, and privacy-preserving tools are set to transform decentralized finance and trading.
Kraków, long a European hotspot for outsourcing, is facing large-scale job cuts as AI automates traditional back-office operations. The shift is emptying offices that once buzzed with multinational firms.
Google will invest €5.5 billion ($6.41 billion) in Germany to expand its cloud and data center capacity, building new facilities in Hesse as part of its European infrastructure strategy.
Google is enhancing Google Finance with AI-powered Deep Search, prediction markets data, and new earnings features, while expanding the upgraded platform to India for the first time.