A.I. Models Display Gambling Behaviors, Raising Concerns in Finance
Study highlights A.I. models' irrational betting behaviors reflected in finance. Simulated tests reveal significant gambling-like traits in language models. Findings…
Berkshire Energizes Alphabet with $4 Billion Investment
Alphabet's shares peaked at $293.95 after Berkshire's $4 billion purchase. Berkshire's investment highlights confidence in Alphabet's AI capabilities. Alphabet's stock…
Senator Opposes Visa and Mastercard’s Swipe Fees Settlement
Visa and Mastercard propose a settlement to address swipe fee disputes. Senator Durbin criticizes the settlement for offering only temporary…
WEX Expands EV Charging by Integrating Tesla Superchargers
WEX integrates EV Driver app with Tesla's Superchargers in Europe. Integration offers 20,000 fast-charging points at 1,500 locations. Fleet managers…
Sakana AI Secures Major Funding and Targets Japanese AI Market
Sakana AI targets Japanese market with $135 million in new funding. Unique approach integrates Japanese culture in AI development. Plans…
GrubMarket Acquires Procurant to Enhance AI Capabilities for U.S. Food Supply Chain
GrubMarket acquired Procurant to boost its AI integration in supply chains. The acquisition targets improved procurement solutions using technological advancements.…
LevelField Financial Gains Conditional Nod for Burling Bank Acquisition
LevelField Financial aims to acquire Chicago-based Burling Bank. IDFPR granted conditional approval; Federal Reserve approval is pending. LevelField plans to…
Freightos Advances Digital Strategy by Embracing Embedded Finance
Freightos reported a 54% year-over-year increase in gross booking value. Focuses on embedded finance, partnering with Visa and Transcard for…
PayPal and KKR Expand Their European BNPL Partnership
PayPal and KKR renew their European BNPL agreement. KKR commits to purchasing $75 billion of loan receivables. Both companies focus…
Geobirds Secures Funding to Broaden Its AI Transport Platform Across Europe
Geobirds secures funding to expand its AI platform across Europe. The startup addresses transport inefficiencies using AI and satellite data.…
