Oracle, OpenAI Strike $300B Cloud Agreement for AI Infrastructure
Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest…
House Panel Examines AI’s Rapid Advances, Risks and Impacts
Lawmakers gathered on Capitol Hill on Wednesday (Sept. 17) for a wide-ranging hearing on artificial intelligence (AI), weighing…
Kraken and Circle Join Forces to Expand Stablecoin Access
Cryptocurrency platform Kraken has launched a partnership with stablecoin issuer Circle. The collaboration is designed to expand access to and the…
Coinbase Rejects Banks’ Stablecoin Deposit Worries
Coinbase Chief Policy Officer Faryar Shirzad said banks’ concerns about stablecoins are unfounded. Claims by banks that the…
Crypto Firms Want UK to Relax Stablecoin Ownership Caps
Cryptocurrency companies are reportedly lobbying the Bank of England to rethink its stablecoin ownership limits. The restrictions would…
Wall Street Bets on FinTechs Reinventing Lending, Credit
Investors are signaling that the hottest FinTech initial public offerings (IPOs) are not vehicles for frenzied, momentum-based trading…
Tariffs Bring Small Businesses to FinTech Lenders
U.S. tariffs have ushered in a wave of business for lending startups, Bloomberg reported Monday (Sept. 15). Slope,…
Coinbase Faces New Competition as Crypto Goes Mainstream
Coinbase is reportedly spending millions to market itself as more than just a cryptocurrency exchange. But against this…
EC Accepts Microsoft’s Proposals in Teams Antitrust Probe
This decision resolves the Commission’s antitrust investigation launched in July 2023, which looked intowhether Microsoft violated EU competition…
FTC Probes AI Chatbots’ Impact on Child Safety
The Federal Trade Commission (FTC) is investigating the effect of artificial intelligence (AI) chatbots on children and teens.…
Companies Bet Customer Service AI Pays
Klarna’s $15 billion IPO was more than a financial milestone. It spotlighted how the Swedish buy-now-pay-later (BNPL) firm…
One-Click Convenience Drives Australia’s Mobile Shopping
Australia, while a burgeoning mobile-first market, presents a paradox for financial institutions, FinTech innovators and payment providers. In…