The Independent Community Bankers of America urge the Kansas City Fed to review and potentially restrict or end Kraken Financial’s limited-purpose Fed account ahead of its one-year term expiration.
John Jumper, Nobel Prize-winning AI scientist and DeepMind vice president, departs Google after nearly a decade to join AI competitor Anthropic amid growing market challenges.
Facing critical high-bandwidth memory shortages, SanDisk proposes stacking NAND Flash and compute units on a single chip to boost AI and HPC performance.
Talks between Iran and the US are now targeting sanctions relief, access to funds, and regional issues alongside nuclear concerns, with a $300 billion reconstruction fund on the table.
As AI technology demand surges, the critical challenge shifts from chip shortages to the massive electricity required to power data centers, straining grids designed for modest growth.
A bill supported by California State University faculty aims to prohibit using generative AI to replace teaching roles, as tensions rise over the system’s expanding AI adoption.
Santander rolls out artificial intelligence tools to its entire workforce of 185,000, targeting over $1 billion in business value through enhanced efficiency and customer experience.
Kevin Warsh’s effort to reduce the Federal Reserve’s forward guidance risks raising Treasury, mortgage, and corporate borrowing costs by making interest rate policy less predictable.
Pakistan navigates its geopolitical influence by balancing ties with the U.S. and China, leveraging its nuclear arsenal and location amid persistent domestic and regional challenges.
Autnmy AI unveils a live ranking system highlighting Baidu Apollo Go’s lead over Waymo, with Chinese firms dominating the top positions amid tightening US regulatory scrutiny.