Finance
Standard Chartered to Cut Over 7,800 Roles Amid AI Integration
Standard Chartered plans to eliminate more than 15% of its back-office roles by 2030, citing increased use of artificial intelligence and automation.
#artificial intelligence 62 articles
Finance
BBVA Embeds Banking Experience Directly Into ChatGPT for European Users
BBVA has launched a conversational banking app within ChatGPT for customers in Italy and Germany, allowing users to inquire about accounts and...
Stocks
Figma Defies AI Redundancy Fears, Boosts Outlook
Figma reported strong Q1 2026 results, beating revenue expectations and raising its full-year outlook, despite initial market fears that AI design tools...
Markets
Nebius Stock Climbs on Strong AI Demand and Upgraded Forecast
Nebius Group's shares surged Wednesday following an enhanced artificial intelligence growth outlook, driven by soaring demand for high-performance compute.
Stocks
AI Drives Call for Real-Time Earnings Amid SEC Reporting Shift
As the SEC considers ending quarterly earnings, one perspective argues for real-time reporting, leveraging AI to enhance transparency and mitigate short-term market...
Finance
Chinese AI Sparks Competition, Potentially Easing Inequality
New Chinese AI models are challenging U.S. dominance, creating competition that could drive down costs and benefit consumers, potentially mitigating AI-driven inequality.
World Business
China Exports Jump 14.1% in April, Defying Middle East Conflict
China's exports surged 14.1% in April, significantly exceeding forecasts, as an AI investment boom fueled trade despite shipping disruptions from the war...
Stocks
Recursion Projects 2028 Runway, Holds 2026 Expenses Below $390M
Recursion Pharmaceuticals projects its operational runway into early 2028 while committing to keep 2026 cash operating expenses under $390 million, driven by...
Markets
Google Cloud Accelerates Past Rivals, Fueling Buy Case
Alphabet's Google Cloud is outpacing Amazon and Microsoft in growth, with a massive backlog signaling future dominance, making its stock a compelling...