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The latest AI stories, analysis and developments relevant to Financial Services — curated daily by Best Practice AI.
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Fund Beating 99% of Peers Bets Big on Taiwan’s Smaller AI Stocks
A fund focusing on smaller Taiwanese firms in the AI supply chain has emerged as a big winner, with a diversified strategy helping it weather the volatility that has rattled the industry over the past year.
China’s New AI Stocks Drive Volatility in Asia as Hype Grows
Chinese artificial‑intelligence firms have emerged as one of the most volatile pockets of Asia’s equity markets, with shares of newly listed model developers and chip designers swinging on retail flows.
Reuters AI News | Latest Headlines and Developments | Reuters
US banks raising borrowing costs for private credit funds as AI fears pummel valuations, sources say
New unicorn alert! 9fin raises €148 million at a €1.1 billion valuation for its global debt markets platform
London’s 9fin, the AI-native platform for global debt markets, has raised €148 million ($170 million) in Series C funding at a €1. 1 billion valuation ($1. 3 billion valuation) to develop their AI capabilities, expand its proprietary dataset, and support continued growth in the United States.
Stock Market News, March 31, 2026: Nasdaq Leads Rally Built on Hope the Iran War May End Soon
Indexes surge to biggest one-day gain since May
Where AI fits in trading - Nithin Kamath
Great perspective. I think the biggest challenge is that AI can calculate technical indicators, analyze fundamentals, process charts, and even detect patterns from historical data — but markets don’t move purely on logic.
Morgan Stanley Picks Meta as Top Stock
Morgan Stanley names Meta Platforms its top stock pick, forecasting a 50% upside due to AI-driven growth and solid ad fundamentals.
US banks raise borrowing costs for private credit funds as AI fears pummel valuations
US banks are raising borrowing costs for private credit funds as AI fears pummel valuations.
Fed’s Williams: Middle-East Developments Have Added Significant Economic Uncertainty
The Iran war will likely push inflation higher in coming months, a senior Federal Reserve official said Monday, but he signaled the central bank’s current interest-rate setting gives it room to wait and see if those pressures last.
Ex-Reuters team out of Denmark raises €1.5 million for AI newsroom Financial News System
Copenhagen-based Financial News Systems (FNS), an AI-only financial newsroom, has raised a €1. 5 million pre-Seed round to accelerate the development of their financial news and data service. The round welcomed Ugly Duckling Ventures as a major investor.
Private-Credit Wobbles Could Prove Perilous for Trump
The Trump administration is poised to broaden access to risky investments that are showing signs of strain.
Private Credit’s Exposure to Ailing Software Industry Is Bigger Than Advertised
Analysis by The Wall Street Journal finds four of the largest private-credit funds have more exposure to the software industry than their filings suggest.
The easiest way to make money fast from a superhuman artificial intelligence would be in the financial markets, almost by definition. So the first lab to develop one, if AGI is possible, would almost certainly keep it quiet for as long as they could. Beats charging for API access
The easiest way to make money fast from a superhuman artificial intelligence would be in the financial markets, almost by definition. So the first lab to develop one, if AGI is possible, would almost certainly keep it quiet for as long as they could. Beats charging for API access
Jump: AI Associate Launch Adds Execution Layer Across Advisor Workflows
Jump announced the launch of AI Associate, an intelligent agent designed to help financial advisors execute tasks across meetings, CRM systems, email, and financial planning tools.
Wall Street has a major problem with AI data centers
Data centers consume 4.4% of US energy, likely to double or triple by 2028. Growing public opposition to new construction.
Goldman’s New Adviser Rishi Sunak Urges Small Firms to Adopt AI
Goldman Sachs Group Inc.’s bankers gathered at a library in Birmingham this week to guide small UK businesses on scaling up in artificial intelligence — and to warn them of the risks of ignoring the new technology.
Fed's Paulson worried about war's impact on inflation expectations
Fed's Paulson says Iran war increases risks to growth, inflation
Fed's Barkin says 'fog' again obscuring economic outlook
Fed's Barkin says fog again obscuring economic outlook
Market Dive Points to Wall Street’s Growing Alarm Over Iran War
The selloff pulled the S&P 500 down for a fifth straight week and dragged the Dow and Nasdaq into correction.
ECB Should Not Rush Its Response to Iran Conflict, Says Schnabel
“We have to carefully weigh our decisions,” European Central Bank executive board member Isabel Schnabel said in a speech in Zurich.
Why Investors Were Right to Be Wary of Blue Owl’s $1.4 Billion Deal
The asset sale failed to signal strength at a time of rising stress in private-credit markets.
Block CFO Says Deep Job Cuts From AI Are an Inevitability for Companies
Block expects to generate $2 million in gross profit per employee this year, up from $1 million in 2025 following AI-driven layoffs.
The Private-Credit Industry’s Trouble: Surging Redemptions, Slower Fundraising
Investors are debating what the data shows about the health of private credit.
Theia Insights Raises $8 Million in Funding
Theia Insights, a Cambridge-based software firm, has raised $8 million to address a significant blind spot in financial market investments by providing a dynamic, AI-driven categorization of companies.
Galdera Raises €1.5 Million in Funding
Galdera Labs, a Stockholm-based startup, has secured €1.5 million in pre-seed funding to develop an AI-powered financial modeling platform. The funding round was led by J12 Ventures, with participation from Antler and experienced angel investors.
Chris Matcham - Helcim | LinkedIn
Every booth, every talk carried that wave of excitement around generative AI . This year the spotlight had clearly shifted. Security, semantic data, and governance were the main themes.
Italy’s private debt & corporate finance weekly round-up. News from HOFI, Augens Capital, Antin Infrastructure, Anima Alternative, Azimut, BCC Milano, BNL-BNPP, BPER CIB, Banco BPM, Crédit Agricole CIB, Cherry Bank, Banco Desio, Finlombarda, Illimity (Banca Ifis), Intesa Sanpaolo, Kommunalkredit, MEAG, Siemens Financial Services, Cassa di Risparmio di Bolzano, and more
Download here the BeBeez Private Debt Report 2024 available for the subscribers to BeBeez News Premium and BeBeez Private Data. Click here and book a place for BeBeez Cafè of 30 March, Monday, at Four Seasons Hotel, Milan and join the discussions about AI and private capital Programme:11AM Caffè di networkingAccoglienza e incontri informali tra […]
FT 1000: Europe’s Fastest-Growing Companies
The 2026 ranking highlights the businesses that are flourishing in uncertain times. From financial services driving growth in London to a personalised dog food brand in Italy. Plus the role of venture capital and France’s tech hub success
Venture capital: a crucial backer of fast-growing businesses
More than a third of the €66.2bn worth of VC deals in Europe were in AI-related companies
Azos Raises $24M
Azos, a São Paulo, Brazil-based insurtech, has raised $24 million in Series C funding to expand artificial intelligence across its insurance platforms.
T-Rex files for leveraged SpaceX, Anthropic ETFs
T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs
The Well-Timed Trades Made Moments Before Trump’s Policy Surprises
The president’s critics have raised concerns about the action in oil futures, S&P 500 ETF options and prediction markets.
The 2026 VC Playbook: How Investment Criteria Are Evolving in AI-First Startups
Venture capitalists evaluating AI startups with sharper, competency-focused approach in 2026.
AI startups are eating the venture industry — and returns so far are good
10% of startups accounted for 50% of all VC funding in 2025, with Anthropic, OpenAI, and xAI raising double-digit billions.
Is an AI bubble set to burst? Navigating the artificial intelligence boom
Three years into AI boom, Wall Street cannot reach consensus on whether AI will prove too disruptive or not.
Italy’s distressed assets and NPEs weekly round-up. News from Amco, Bayview Asset Management and more
Download here the BeBeez Private Debt Report 2024 available for the subscribers to BeBeez News Premium and BeBeez Private Data. Click here and book a place for BeBeez Cafè of 30 March, Monday, at Four Seasons Hotel, Milan and join the discussions about AI and private capital Programme:11AM Caffè di networkingAccoglienza e incontri informali tra […]
Insurance tech startup Shepherd raises $42M to underwrite the physical layer of AI
Artificial intelligence-native insurance provider Shepherd has just raised $42 million in a new funding round to underwrite the massive infrastructure boom that’s fueling the industry’s growth. The Series B round was led by Intact Private Capital and saw participation from Spark Capital, Costanoa Ventures and others, bringing the company’s total amount raised to $67 million. […] The post Insurance tech startup Shepherd raises $42M to underwrite the physical layer of AI appeared first on SiliconANGLE.
Shepherd: $42 Million Raised For AI-Native Insurance Platform Powering Infrastructure Boom
Shepherd, an AI-native commercial insurance platform focused on construction and infrastructure projects, announced it has raised $42 million in a Series B funding round led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures, and additional investors. The latest financing brings the company’s total funding to $67 million. The post Shepherd: $42 Million Raised For AI-Native Insurance Platform Powering Infrastructure Boom appeared first on Pulse 2.
Hanover Park Raises $27M
Hanover Park, a NYC-based provider of an AI-native fund administrator service for private equity and venture capital, raised $27 million in Series A funding.
Shepherd Raises $42M
Shepherd, an artificial intelligence-native insurance provider, has raised $42 million in a Series B funding round to support the growing infrastructure needs of the industry.
Kleiner Perkins is Going All In on AI
With $3.5B in fresh capital, Kleiner Perkins is going all in on AI
Zalos AI Raises $3.6M
Zalos AI Ltd. has raised $3.6 million in seed-stage funding to develop artificial intelligence agents aimed at automating finance operations.
Spade Raises $40M
Spade, a NYC-based provider of a data and AI platform for financial institutions, raised $40 million in Series B funding.
Designing Agentic AI-Based Screening for Portfolio Investment
We introduce a new agentic artificial intelligence (AI) platform for portfolio management. Our architecture consists of three layers. First, two large language model (LLM) agents are assigned specialized tasks: one agent screens for firms with desirable fundamentals, while a sentiment analysis agent screens for firms with desirable news.
Kalshi and Polymarket ban insider trading as senators look to curb prediction markets
Top prediction market sites usher in new guardrails after senators introduced bill that could limit booming industry Kalshi and Polymarket, the two biggest prediction market sites, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could severely curtail the industry’s prospects. Kalshi said it would ban political candidates from trading on their own campaigns, and it would pre-emptively block anyone involved in college or professional sports from trading contracts related to the sports they play or are employed by. Continue reading...
London’s Zalos raises €3.1 million Seed to bring AI agents to enterprise finance workflows
Today Zalos, a London- and San Francisco-based developer of Computer Agents for finance operations, announced a €3. 1 million ($3. 6 million) Seed round to expand beyond the major midmarket ERPs and into large enterprise deployments and on-premise systems.
Jefferies Rises Premarket on Report of Potential Takeover Bid
The financial group’s shares rose after a report said that Japan’s second-largest lender was preparing a takeover bid for the investment bank.
London’s Zalos raises €3.1 million Seed to bring AI agents to enterprise finance workflows
Today Zalos, a London- and San Francisco-based developer of Computer Agents for finance operations, announced a €3. 1 million ($3. 6 million) Seed round to expand beyond the major midmarket ERPs and into large enterprise deployments and on-premise systems.
America’s Chief Financial Officers Say AI Is Coming for Admin Jobs
A new study finds little evidence of broad job losses from AI—but a clear shift away from clerical roles and toward technical ones.
SoftBank tests its own borrowing limits with $30bn bet on OpenAI
Masayoshi Son faces investor nerves with massive spending on AI investments
How Capital One Software is using tokens to turn dark data into a secure AI asset
As enterprises race to feed proprietary data into AI systems, enterprise data security has become the defining bottleneck — not compute, not models, but the sensitive information companies are too cautious to touch. The challenge is especially urgent for regulated industries, where decades of accumulated data sits locked away in mainframes and unstructured files — emails, […] The post How Capital One Software is using tokens to turn dark data into a secure AI asset appeared first on SiliconANGLE.
Norway wealth fund moves towards some AI-driven decisions but with humans in control
Norway wealth fund moves towards some AI-driven decisions but with humans in control.
Zalos Raises $3.6M for Finance Automation
London and San Francisco-based startup Zalos has raised $3.6 million in a seed funding round led by Swiss VC 14Peaks Capital. The company aims to reduce the manual workload of finance teams by using AI agents to automate tasks across various functions.
Exclusive: Italy's Agnelli family keeps powder dry as Iran war, AI stoke uncertainty
Exclusive: Italy's Agnelli family keeps powder dry as Iran war, AI stoke uncertainty.
Air Street Capital Secures $232M Fund III
Air Street Capital has secured $232 million for its Fund III, making it the largest solo GP AI investor in Europe. Founded in 2019, it focuses on AI-first companies in varied sectors, including defence.
AI boom risks widening wealth divide, says BlackRock’s Larry Fink
CEO of asset manager says only a few firms and investors may reap rewards from growth in the technology The boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has said. The boss of the $14tn (£10. 4tn) asset manager used his annual letter to investors on Monday to highlight potential hazards around the exponential growth in AI, which has attracted rapid investment and become, he said, “central to strategic competition” between global powers such as the US and China.
Larry Fink’s Warning: Invest or Risk Getting Left Behind by AI
The BlackRock CEO’s annual letter urges broader participation in markets as a defense against widening wealth inequality.
AI Token Futures Market: Commoditization of Compute and Derivatives Contract Design
As large language models (LLMs) and vision-language-action models (VLAs) become widely deployed, the tokens consumed by AI inference are evolving into a new type of commodity. This paper systematically analyzes the commodity attributes of tokens, arguing for their transition from intelligent service outputs to compute infrastructure raw materials, and draws comparisons with established commodities such as electricity, carbon emission allowances, and bandwidth. Building on the historical experien...
Cleavr Raises $1.08M in Pre-Seed Funding
Cleavr, a Paris, France-based developer of an AI-powered accounts receivable automation platform, raised €1 million in pre-seed funding.
Air Street Capital Closes $232M Fund III
Nathan Benaich's Air Street Capital has closed a $232M Fund III, making it the largest solo GP venture capital firm in Europe. The fund will lead early-stage rounds with cheques of $500K to $15M, and make select growth investments of up to $25M, targeting AI-first companies across North America and Europe.
Pyxora Labs Invests $800M in AI-Powered Data Center
Pyxora Labs is investing $800 million in a new California data center to enhance AI-driven crypto trading efficiency.
Quantum AI Offers Automated Crypto Trading
Quantum AI offers Canadian traders an automated crypto trading platform with AI-driven market analysis and user-friendly features like demo trading and customizable risk controls.
Pairsoft Acquires Nimbello
PairSoft: AI Financial Automation Company Acquires Nimbello To Expand SaaS Capabilities
Palantir extends reach into British state as it gets access to sensitive FCA data
Exclusive: Allowing US tech firm to analyse intelligence in name of tackling fraud raises fresh concerns over privacy Campaign groups rail against Palantir, but the UK contracts keep coming Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the US AI company’s deepening reach into the British state, the Guardian can reveal. The Financial Conduct Authority (FCA) has awarded Palantir a contract to investigate the watchdog’s internal intelligence data in an effort to help it tackle financial crime, which includes investigating fraud, money laundering and insider trading. Continue reading...
Elon Musk Is Responsible for Some Twitter Investor Losses, Jury Finds
The verdict was a rare loss for Mr. Musk, who investors claimed had tried to drive down the share price of the social media company, now called X, to renegotiate his $44 billion offer.
Financial Services Roundup: Market Talk
Find insight on risk management, AI disruption and more in the latest Market Talks covering Financial Services.
Deepening Energy Crisis Sends Stocks to Fourth Straight Weekly Loss
The Nasdaq composite fell 2% on Friday and is now near a correction.
Fed Official Urges Caution on Rate Cuts as Iran War Drags On
Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
Blue Pool Capital Raises $1 Billion for First Private-Equity Fund
The Hong Kong firm, which also runs Joe Tsai’s family office, has bucked the tough fundraising environment.
How AI, Claude Are Helping Americans File Their Taxes
This is the year AI has come for tax prep. Interviews with tax professionals suggest that artificial intelligence has finally improved to the point where it at least seems capable of navigating the US tax system as leading developers release more features for financial services. Bloomberg’s Charlie Wells reports.
UBS Secures Bank License for Its Campaign to Expand U.S. Wealth Arm
A new national charter allows it to gather deposits and further boost its U.S. presence as it fights over Swiss capital regulations.
Investors Turn to AI to Find an Edge in Iran War Fallout
Investors are turning to AI chatbots like ChatGPT and Claude to try to understand the evolving complexities of the war in the Middle East. It's the first time AI is being used in this way. Ruth Carson explains.
HSBC Eyes 20,000 Job Cuts in AI-Driven Restructuring
HSBC is considering cutting up to 20,000 jobs, targeting non-client-facing roles, as part of an AI-driven restructuring under CEO Georges Elhedery.
Singapore Rolls Out AI Risk Management Toolkit
The Monetary Authority of Singapore has concluded phase two of Project MindForge, resulting in an artificial intelligence risk management toolkit for financial institutions.
Winklevosses Say Job Cuts at Gemini Exchange Reach 30%
Gemini Space Station Inc.’s workforce reduction has reached roughly 30% since the start of the year following layoffs, with the crypto exchange saying Thursday it is deploying artificial intelligence tools to increase productivity. The firm lost more than $500 million last year.
Big Banks Score Win Under New Plan to Loosen Capital Rules
Trump officials say simplifying the rules, designed to help banks withstand financial strains, will boost lending and benefit the economy.
Talk of AI disruption, wars, oil and rates dominates M&A conference even as deals soar | Reuters
" AI is as big a change as the internet being introduced," Barshay said, adding that some of his clients are tapping the brakes on mergers as they try to sort out how the new technology will impact buyers' and sellers' views of transactions.
French startup Cleavr raises €1 million to automate accounts receivable workflows with AI
Paris-based Cleavr, an AI collaborator capable of assisting finance teams across the entire collection cycle, has raised €1 million to accelerate deployment in France and prepare for European expansion starting in 2026. The round was supported by investments from Kima Ventures, Better Angle, Raphaël Nahum (CFO of Pennylane), Régis Samuel (CEO of MyUnisoft), and Olivier […]
AI, Financial Inclusion, and the Global Majority — A Conversation with Kelly Uphoff, CTO of Tala
Tala does something most AI companies only claim to do: they identified a real problem: 4 billion people locked out of financial services, and built the technology around the humans, not the other way around. The AI is the engine.
French startup Cleavr raises €1 million to automate accounts receivable workflows with AI
Paris-based Cleavr, an AI collaborator capable of assisting finance teams across the entire collection cycle, has raised €1 million to accelerate deployment in France and prepare for European expansion starting in 2026. The round was supported by investments from Kima Ventures, Better Angle, Raphaël Nahum (CFO of Pennylane), Régis Samuel (CEO of MyUnisoft), and Olivier […] The post French startup Cleavr raises €1 million to automate accounts receivable workflows with AI appeared first on EU-Startups.
Crypto.com Cuts 12% of Staff and Pins Job Losses on AI Push
Digital-asset exchange Crypto.com said it is axing around 12% of its workforce, citing a need to adapt its business to rising artificial intelligence capabilities.
Jack Ma-Backed Ant’s Profit Fell 91% on AI Spending, Fair Value
Ant Group Co.’s quarterly profit plunged 91% after the Chinese digital payments firm ramped up spending to compete in artificial intelligence and health care, while a decline in the fair value of certain investments weighed on results.
Italy’s private debt & corporate finance weekly round-up. News from Sunprime Holdings, Noy Fund, Nofar Energy, European Investment Bank, Natixis Corporate & Investment Banking, and more
Download here the BeBeez Private Debt Report 2024 available for the subscribers to BeBeez News Premium and BeBeez Private Data. Click here and book a place for BeBeez Cafè of 30 March, Monday, at Four Seasons Hotel, Milan and join the discussions about AI and private capital Programme:11AM Caffè di networkingAccoglienza e incontri informali tra […]
The Impact of Corporate AI Washing on Farmers' Digital Financial Behavior Response -- An Analysis from the Perspective of Digital Financial Exclusion
In the context of the rapid development of digital finance, some financial technology companies exhibit the phenomenon of "AI washing," where they overstate their AI capabilities while underinvesting in actual AI resources. This paper constructs a corporate-level AI washing index based on CHFS2019 data and AI investment data from 15-20 financial technology companies, analyzing and testing its impact on farmers' digital financial behavior response. The study finds that AI washing significantly su...
Obin AI Raises $7M
Obin AI, a New York City-based enterprise AI company focused on creating an agentic workforce for financial institutions, has raised $7 million in seed funding.
Icapital Acquires Hexure
Icapital, a NYC-based fintech and investment lifecycle management solutions provider, acquired hexure, a Colorado Springs-based company specializing in digital and AI-powered sales automation for insurance and wealth management.
Introducing Machine Payments Protocol
Stripe introduces a protocol for agent-to-agent payments, enabling autonomous AI systems to execute transactions and participate in digital commerce. The idea is strategically important but faces uncertainty in real-world adoption and standardization.
HSBC Weighs Deep Job Cuts as AI Overhaul Unfolds
HSBC is weighing deep job cuts as its AI overhaul unfolds.
UK climate analytics startup Earth Blox lands €6.9 million investment round
Earth Blox, an Edinburgh-based company helping organisations understand how nature loss and climate hazards affect financial performance, has secured €6. 9 million (£6 million) in order to grow their team, accelerate product development and expand the platform’s capabilities by combining satellite, environmental, and portfolio data with AI-powered analysis. The new investment was led by PXN Ventures […] The post UK climate analytics startup Earth Blox lands €6.
Bank of Canada Holds Policy Rate Steady, Warns of Impact From War in Iran
The Bank of Canada left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.
Stripe-backed crypto startup Tempo releases AI payments protocol, launches blockchain
Tempo, incubated by Stripe and the venture firm Paradigm, raised $500 million at a $5 billion valuation in 2025.
Weighing the Costs of Corporate Silence
The days of the quarterly earnings report could be numbered as the Securities and Exchange Commission is said to weigh a rule change. What it could mean for investors is likely to stir debate.
Italy’s distressed assets and NPEs weekly round-up. News from Alfa Gomma, Gates Industrial Corporation, Parker, Hannifin Corp, ICG, Trelleborg, Triton, Danfoss, Michelin, and more
Download here the BeBeez Private Debt Report 2024 available for the subscribers to BeBeez News Premium and BeBeez Private Data. Click here and book a place for BeBeez Cafè of 30 March, Monday, at Four Seasons Hotel, Milan and join the discussions about AI and private capital Programme:11AM Caffè di networkingAccoglienza e incontri informali tra […]
Gradient Closes $220M Fifth Flagship Seed Fund
Gradient, an early-stage venture capital firm focused on artificial intelligence startups, has closed its fifth flagship seed fund with a total of $220 million. This funding increases its total assets under management to nearly $1.2 billion across five funds.
Arizona Files Criminal Charges Against Kalshi, the Prediction Site
The state accused Kalshi of operating an illegal gambling business, escalating the legal battle between states and prediction markets.
JPMorgan Halts Qualtrics $5.3 Billion Debt Deal on Software Pain
A group of banks led by JPMorgan Chase & Co. halted a $5. 3 billion debt deal for software firm Qualtrics International Inc.
Victory Capital Raises Cash Offer in Revised Bid for Janus Henderson
Victory Capital sweetened its offer to buy Janus Henderson, whose board last week unanimously rejected the company’s takeover proposal and recommended shareholders back a take-private transaction by Nelson Peltz’s Trian Fund Management and venture firm General Catalyst.
Bank of Canada to Stand Pat on Rates, Await Fallout From Energy-Price Shock
Economists expect the central bank to hold its policy rate steady as the war in the Middle East threatens to lift inflation expectations.
Here is a look at who has a say on Federal Reserve interest-rate policy this year
President Trump has demanded that Fed Chair Jerome Powell cut rates. But it isn’t the Fed chair alone who sets them. Here is who does.
r/ArtificialInteligence on Reddit: Someone set loose two AI agents with $1000 to trade on Polymarket
Saw an experiment where two AI agents were given $1,000 each to trade on Polymarket, and the results couldn’t be more opposite: A Claude-powered…
BNP Paribas Targets Asset-Management Growth Under 2030 Plan
The bank aims for a near doubling in pretax income from its asset management unit by 2030 under a new plan that builds on its acquisition of AXA Investment Managers.
Gangkhar Raises $4.25M in Seed Funding
Gangkhar, a Delaware-based insurtech company, has raised $4.25 million in seed funding to expand its AI-native embedded protection infrastructure platform and accelerate product development.
Steward Raises $5M in Funding
Steward, an AI-first AML platform, has raised $5 million to enhance automation in compliance operations. The funding round was led by Motive Partners, with participation from Outward VC and several angel investors.
Fuse Raises $25M in Series A Funding
Fuse has raised $25 million in a Series A funding round led by Footwork, Primary Venture Partners, NextView Ventures, and Commerce Ventures. The company aims to modernize loan origination systems for U. S.
ASIC Warns Gen Z About Social Media and AI
ASIC cautions young Australians against relying on social media and AI for financial advice, as 63% of Gen Z use these sources for investment tips.
Exclusive: OpenAI courts private equity to join enterprise AI venture, sources say | Reuters
Both Open AI and Anthropic are aggressively courting private equity firms because they control enterprise companies and influence how businesses budget for software and AI , three of the people said — a race growing more urgent as both companies vie to go public as soon as this year.
Musk’s xAI Hiring Credit Experts, Bankers to Teach Grok Finance
Elon Musk’s artificial intelligence startup xAI is looking to hire bankers and private credit lenders to make its Grok chatbot better at finance strategy, joining rival AI firms in pushing software for financial planning.
Stock Market Today: Brent Crude Above $100, Dow Futures Rise
Oil pauses its run-up amid efforts to reopen key Strait of Hormuz
Bank of Japan Faces Familiar Dilemma as Iran Conflict Stirs Inflation
With the conflict in Iran rattling financial markets and oil prices, the Bank of Japan finds itself in a familiar dilemma, weighing a policy pause against the continued push for rate hikes.
Reserve Bank of Australia Needs to Cease Equivocating About Inflation Risks
The Reserve Bank of Australia is likely to raise interest rates this week to combat a worsening inflation outlook.
Bain Capital to Acquire Australian Wealth Manager
Bain Capital will pay more than US$349 million to acquire an Australian wealth-management business from local investment manager Perpetual.
Top Apollo Executive Sounds Off on ‘Arrogance’ in Private Markets
“I literally think all the marks are wrong,” Apollo’s John Zito said of private equity in previously unreported comments.
China Industry Body Warns of Security, Fraud Risks from OpenClaw AI Agent
China's National Internet Finance Association warned Sunday that the fast-growing open-source AI agent OpenClaw poses security, compliance and fraud risks for the country's internet-finance sector because the software often runs with high system permissions and weak security settings.
r/mcp on Reddit: cryptopanic-mcp-server – Provides AI agents with real-time cryptocurrency news and media updates sourced from CryptoPanic.
The Model Context Protocol is an open standard that enables developers to build secure, two-way connections between their data sources and AI -powered tools
Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy
President Trump’s son-in-law is trying to raise $5 billion or more from foreign governments and others for his private equity firm.
Morgan Stanley Warns of AI Breakthrough
Morgan Stanley warns an AI breakthrough is coming in 2026 — and most of the world isn't ready.
Dheeraj S. - Founder @Helium16 | Ex-Scale AI | IIIT-B | LMJU
Fintech in India is entering its next big wave, thanks to AI and Indic. The past decade saw thousands of startups lay the foundation. Now, the next 500 million users are coming online, and they need intuitive, intelligent, and safer services.
Fintech Airwallex Earmarks $1.1 Billion for European Expansion
EXCLUSIVE: Airwallex has been courting clients with global customer bases across the U.K., France, Germany, the Netherlands and the United Arab Emirates.
Morgan Stanley warns an AI breakthrough Is coming in 2026 — and most of the world isn’t ready
The bank says scaling laws are holding firm — and the compute buildout underway at AI labs is about to pay off in ways that will surprise even the Street.
Prava
Prava, with a focus on providing a payments stack for AI agents.
AI Replacing Advisors, 401(k) Hardship Withdrawals, & 24/7 Tokenized Stocks – Ep 180
Shane joins from the T3 technology conference in New Orleans, where artificial intelligence dominated nearly every conversation. They explore how AI tools are being integrated into advisory firms, whether real-time financial planning during ...
Bonus: Bullish On AI (with Lloyd Blankfein)
Should we fear AI or embrace it?
Anthropic in talks with private equity firms on AI joint venture, The Information reports | Reuters
Anthropic is in talks with a group of private equity firms, including Blackstone and Hellman & Friedman, to form an AI -focused joint venture, The Information reported on Wednesday.
The Slow Hand Strategy
The slow hand strategy is a approach to investing in AI and other emerging technologies.
UK Finance Firms Face AI Standards Gap But Need Governance Plans, FCA Official Says
Sensible standards are needed for governing AI in financial services firms, said an official from the financial watchdog, noting that companies are turning to voluntary standards in the meantime.
London Overtakes San Francisco and New York as Top FinTech Hub
London has overtaken San Francisco and New York as the top FinTech hub, according to a hedge fund.
Technological Change and Employment
This article examines how technological change affects employment, using the example of bank tellers: ATMs automated certain tasks but ultimately increased the number of branches and jobs, while mobile banking later drastically reduced demand for teller roles. Our analysts noted that this article reinforces the idea that transformative technologies often reshape entire workflows rather than simply automating existing tasks, - an insight relevant to AI adoption.
Breakingviews - Anthropic gives lesson in AI revenue hallucination
No one is being misled. Until AI companies standardize how they report revenue and are upfront about potential volatility, however, their metrics risk looking like a plausible hallucination.
JPMorgan marks down value of loan portfolios of some private credit groups
JPMorgan Chase has marked down the value of certain loans held by private-credit groups.
Ackman’s Compensation and Other News We Learned From Pershing Square’s Filings
The billionaire investor took home $142.8 million last year, new disclosures show.
Citigroup raises AI capex and revenue forecasts amid rapid enterprise adoption | Reuters
AI startup Anthropic has projected as much as $26 billion in annualized revenue in 2026, while ChatGPT maker Open AI reported surpassing a $25 billion run rate, compared with $21.4 billion it generated at the end of last year.
Harshadip Das - Quant Matrix AI | LinkedIn
Leveraging a rich blend of technical expertise and business acumen, I am an NIT Allahabad… · Experience: Quant Matrix AI · Education: Indian School of Business · Location: Mumbai · 500+ connections on LinkedIn. View Harshadip Das’ profile on LinkedIn, a professional community of 1 billion ...
Italy’s distressed assets and NPEs weekly round-up. News from Ilva, Flacks Group, Marcegaglia, Danieli, Invitalia, Giochi Preziosi, and more
Download here the BeBeez Private Debt Report 2024 available for the subscribers to BeBeez News Premium and BeBeez Private Data. Click here and book a place for BeBeez Cafè of 30 March, Monday, at Four Seasons Hotel, Milan and join the discussions about AI and private capital Programme:11AM Caffè di networkingAccoglienza e incontri informali tra […]
Trading Day: Role reversal, as Wall Street lags
Oil slumped more than 10% on Tuesday, the biggest one-day fall since 2022, on hopes that conflict in the Middle East will de-escalate.
Evaluating Financial Intelligence in Large Language Models: Benchmarking SuperInvesting AI with LLM Engines
Large language models are increasingly used for financial analysis and investment research, yet systematic evaluation of their financial reasoning capabilities remains limited. In this work, we introduce the AI Financial Intelligence Benchmark (AFIB), a multi-dimensional evaluation framework designed to assess financial analysis capabilities across five dimensions: factual accuracy, analytical com
Investors Offload Bonds on Inflation Fears as Dollar, Swiss Franc Gain
Investors sold government bonds and the Swiss franc rose to its highest level against the euro since 2015 on safe-haven demand.
SoftBank Group CDS Widens, Shares Slump on Stargate AI Concerns
SoftBank Group Corp.’s credit default swaps widened and its shares fell after concerns mounted over the viability of the artificial intelligence infrastructure project known as “Stargate,”
Gold, Debt and the AI Boom: A Financial Historian’s Warning
On this week's Merryn Talks Money podcast, host Merryn Somerset Webb speaks with financial historian Edward Chancellor about how energy constraints and geopolitical tensions could reshape markets.
China’s ‘Smart Economy’ Push Spurs Hunt for New Stock Winners
Investors are growing more upbeat about China’s push to build a “smart economy,” with AI, semiconductors and a range of frontier technology sectors emerging as beneficiaries of the policy drive.
Balyasny Asset Management's AI Research Engine
Balyasny Asset Management built a centralized Applied AI team and an AI research system for investing, emphasizing rigorous model evaluation, workflow feedback loops, and deep integration into analyst workflows.
UK Financial Firms Might Have to Prove AI Oversight Competency
The UK's Financial Conduct Authority is considering whether firms should be required to prove the competency of staff overseeing AI systems.
Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs
The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity. Current and former Block workers disagree, saying their jobs can't be replaced by AI.
Cryptic Emails and No Strings Attached. How MacKenzie Scott Gives Away Billions.
The injections of cash, which arrive without warning, have led to bolstered finances, scholarships, jobs—and sometimes even more money.
DiligenceSquared: $5 Million Raised To Automate Private Equity Due Diligence
DiligenceSquared, an AI-powered platform that automates commercial due diligence and market research for investment teams, announced it has raised $5 million in seed funding.
Fintech Revolution with AI, Blockchain, and Mobile Banking
The finance sector is rapidly evolving, driven by AI, blockchain, and fintech innovations that enhance fraud detection, risk assessment, and customer experience.
WSJ Readers Share How They Are Using AI for Tax Prep
From capital gains to Roth conversions, people reveal how artificial intelligence is helping them—and where it’s falling short.
Mastercard and Google Launch Verifiable Intent
Mastercard and Google have launched Verifiable Intent, a cryptographic layer ensuring AI-initiated purchases are genuinely user-authorized.
JPMorgan embarks on staff redeployment as the bank rewires for AI
JPMorgan Chase is undergoing a quiet workforce transformation as artificial intelligence reshapes how its employees work. CEO Jamie Dimon recently outlined the bank’s approach, noting that JPMorgan invests around $2 billion annually—roughly 10% of its technology budget—into developing AI systems that already deliver comparable savings. While the bank’s total headcount has remained steady at about
Stablecoin Firms Bet Big on AI Agent Payments That Barely Exist
Circle Internet Group Inc. and Stripe Inc. are racing to build payments systems for a world that doesn’t exist yet — one where autonomous AI agents transact millions of times a day, settling in stablecoins.
Blue Owl Leads $750 Million Debt Deal for Vista Nexthink Buyout
Blue Owl Capital Inc. led a $750 million debt financing for Vista Equity Partners' buyout of Nexthink SA.
UTIMCO tracking AI investment 'overexposure' as more investors weigh risks of overvaluations
While UTIMCO will continue to develop its tools for measuring AI exposure in its investment portfolio, it 'is a little bit overweight' in AI by about 4.8%.
Caroline MOULIN - Assurant
AI & Digital Transformation • Identification of high-value AI opportunities across… · Experience: Assurant · Education: SKEMA Business School · Location: Ensuès-la-Redonne · 500+ connections on LinkedIn
Investors Are Starting to Admit The AI Boom May Be A Bubble
When the AI bubble pops, it won't feel like a stock market correction. Rather, it'll feel like unemployment rising, savings evaporating, small businesses failing, and households experiencing financial distress.
DiligenceSquared Uses AI for M&A Research
DiligenceSquared uses AI and voice agents to make M&A research affordable.
SoftBank Eyes Up to $40 Billion Loan to Fund OpenAI Investment, Bloomberg News Reports
SoftBank eyes up to $40 billion loan to fund OpenAI investment, Bloomberg News reports.
Financing the AI Revolution
Financing the AI Revolution: First Speakers Announced—Goldman Sachs, Kleiner Perkins, Brookfield and more.
Why Leopold Aschenbrenner’s AI hedge fund is betting big on power companies and bitcoin miners to fuel the ‘superintelligence’ race
New filings show how the former OpenAI researcher is translating his AGI thesis into billions of dollars of bets on electricity, AI infrastructure, and bitcoin mining companies.
AI Fears Temper Interest as Private Equity Firms Weigh Data Company Deals
Private equity firms are cautious about investing in data companies due to AI disruption fears, despite the potential for high returns.
Vivox AI: £1.3 Million Raised For Financial Crime Compliance AI Agent Platform
Vivox AI, a London-based technology company developing AI agents for financial crime compliance, has raised £1.3 million in its first funding round to accelerate product development and scale its ente.
YC-backed Diligent AI raises €2.1 million to automate KYC and AML workflows using AI agents
Diligent AI, a London-and Berlin-based startup building autonomous AI analysts for financial crime compliance, today announced that it has raised €2.1 million ($2.5 million) in Seed funding to expand.
Portfolio BI: Multi-Million-Dollar Growth Investment To Advance AI Capabilities
Portfolio BI, a New York City-based provider of data solutions for alternative investment managers, has secured a multi-million-dollar growth investment from Decathlon Capital Partners to accelerate its AI capabilities.
Lendi Revamps Refinance Journey with AI
Lendi Group implemented an agentic AI system called 'Guardian' using Amazon Bedrock to monitor mortgages, track equity, and proactively guide customers through refinancing using a chat-based interface. This demonstrates how generative AI and orchestration layers can transform complex financial processes, enabling refinancing approvals in minutes. The use of AI automation in this context can lead to significant productivity gains and cost savings for financial institutions.
Bank of England to Run Settlement System Without Accenture
The Bank of England has announced that it can run its £431 million settlement system without Accenture, citing in-house skills and intellectual property. This development underscores the growing capability of financial institutions to manage complex AI-powered systems independently.
What was really behind Jack Dorsey laying off nearly half of Block’s staff?
CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play
CIBC Innovation Banking: Growth Capital Financing For Insurance AI Software Provider Gradient AI
CIBC Innovation Banking has provided growth capital financing to Gradient AI, a Boston-based enterprise software company delivering artificial intelligence solutions to the insurance industry. The fin
Dyna.Ai: Eight-Figure Series A Raised To Scale Agentic AI For Enterprise Financial Services
Dyna. Ai, a Singapore-headquartered AI-as-a-Service company, announced the close of an undisclosed eight-figure multimillion-dollar Series A round to accelerate the deployment of its agentic AI solutions for enterprises. The round was led by Lion X Ventures, a Singapore-based venture capital fund advised by OCBC Bank’s Mezzanine Capital Unit, with participation from ADATA, a Taiwan-listed technology company, a Korean financial institution, and a group of finance veterans with decades of industry experience.
Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It.
Block—owner of payment apps, bitcoin and music streaming—grew its workforce to nearly 13,000 during the pandemic.
Stripe Turns AI Costs into Profit Center
Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.
Blackstone to launch publicly traded AI data center acquisition company – report
American investment management firm Blackstone reportedly plans to launch an acquisition company to secure AI data centers. As reported by Bloomberg, citing unnamed sources, Blackstone plans to raise billions of dollars to fund the company and is currently approaching sovereign wealth funds, with plans to raise more from other investors. Blackstone's London headquarters – Blackstone […]
Gregory Walls - PFS Investments | LinkedIn
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI .
Whither the AI bubble?
Companies are taking on huge amounts of debt to fund LLM and data-centre build-outs
r/technology on Reddit: Claude down: Anthropic AI not working in major outage
My issue is that he CEO of Anthropic is rolling out AI tools to replace finance industry workers (like me) and several other models to replace other workers.
Think Tech Has Taken Over Your Portfolio? You Should See What’s in Your Pension
Retirement managers and insurers are racing to figure out how AI might help or hammer software investments held in private funds.
Guidewire Sompo Cloud Deal Highlights AI Growth And Valuation Upside
Guidewire Software (NYSE:GWRE) has signed a new long term agreement with Sompo Group to run Sompo's global operations on Guidewire Cloud Platform.
Smart Money: Does Helionetics Inc Preferred Security stock benefit from AI growth - Bear Alert & Proven Capital Preservation Methods
Helionetics Inc's preferred security may gain from AI expansion, but bearish alerts highlight risks. Investors should consider capital preservation strategies amid volatility.
They Built the Hottest Firm on Wall Street. Now They Have to Save It.
Doug Ostrover and Marc Lipschultz made Blue Owl a private-credit behemoth with bets on software, AI and individual investors. It is starting to show cracks.
Wall St Week Ahead AI disruption looms over markets with US jobs data on tap | Reuters
The disruptive potential of AI has consumed investors in recent weeks, with shares in industries such as software, wealth management and real estate services pummeled by concerns about business upheaval.
Safra CEO says Saxo deal shows need for tech scale in AI era
J. Safra Sarasin's acquisition of Denmark's Saxo Bank, which has a digital trading and investment platform, reflects wealth managers' need to invest more in technology as AI threatens to shake up the business, the Swiss private bank's CEO told Reuters.
r/datascience on Reddit: So what do y’all think of the Block layoffs?
My upcoming interview with Block got canceled, and I am in a bit of relief but at the same time it made me question where is the industry in general headed to. Block CEO is attributing the layoffs to AI .
The Week the Dreaded AI Jobs Wipeout Got Real
After Block CEO Jack Dorsey announced his fintech firm was laying off 4,000 people, concerns rose that other companies would follow suit.
Citrini Research Modeled What Happens if AI Actually Works
Citrini Research's fictional 2028 macro memo outlines unsettling economic chains from AI success, including rapid job displacement and macroeconomic shifts driven by individual rational actions.
AI Gave Investors a Glimpse of the Future This Month. And They Sold Their Stocks.
The S&P 500 and Nasdaq fell in February, dragged by firms facing AI disruption. Investors reacted to early signs of AI's transformative impact on businesses.
Bank Stocks Suffer Another Plunge on Credit and AI Fears
Consumer lenders, more vulnerable in recessions, were among the worst performers on Friday, including American Express. The plunge reflects broader market fears over credit risks and AI-driven disruptions in finance.
Crypto x AI Updates - by Hercules | DeFi - Mindful DeFi
➢ New updates from @fetch_ai’s ASI shows that users can now text your personal AI from WhatsApp, users can now get their AI agents to plan a roundtable and turn it into a podcast, and also plan catchups with friends.
History says productivity lifts growth. Is AI’s impact being underpriced?
From aerospace supply chains to AI bottlenecks, Nicky Sun outlines where structural growth meets valuation discipline.
Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.
r/CryptoMarkets on Reddit: I built a trading arena for AI agents to daytrade crypto coins 24/7, purely off realtime, raw financial data. And gpt 5 nano is somehow good with money
The best traders combine technicals with understanding what's actually moving the market - macro conditions, on-chain metrics, sentiment, exchange flows. An AI just seeing numbers might pick up patterns that don't actually mean anything or only work in specific market regimes.
Jack Dorsey’s fintech outfit Block announces 40% layoffs, blames AI, gets 23% stock bump
One massive round of firings is apparently better for morale than a drip-drip-drip of death Twitter co-founder Jack Dorsey’s financial services company Block has announced it will fire 40 percent of staff – around 4,000 people – because new "intelligence tools" the company is implementing “can do more and do it better.”…
Docupace Acquires InvestEdge And Appoints Brian Filanowski As CEO
Docupace, an AI-enabled back-office and compliance software provider for wealth management firms, announced it has acquired InvestEdge, a provider of regulatory compliance software for bank trust departments, broker-dealers and registered investment advisors. The company also appointed data and analytics veteran Brian Filanowski as Chief Executive Officer, effective immediately. The post Docupace Acquires InvestEdge And Appoints Brian Filanowski As CEO appeared first on Pulse 2.
Block Announces 40% Layoffs, Blames AI
Block, a fintech company, has announced 40% layoffs, blaming AI for the job cuts. The company's stock price surged 23% despite the layoffs, indicating that investors are optimistic about the company's future prospects.
Vietnam to Require AI Risk Classification
Starting March 1, financial institutions in Vietnam will be subject to new regulations around the use of artificial intelligence systems, including requirements to conduct pre-use security checks, classify risks for all AI systems and implement strict customer protection procedures.
Alphabet and Other Big Tech Could Borrow Hundreds of Billions Each
Alphabet and other big tech companies could borrow hundreds of billions of dollars each, according to a report. The companies are looking to take advantage of low interest rates and invest in new technologies, including AI.
Jack Dorsey’s Block to cut workforce by ‘nearly half’ as it leans on AI tools
Group’s shares surge 25% as CEO says ‘most companies are late’ to realise how much technology will affect employment
How to Find Tomorrow’s Winners in the AI Space
The experts at BNY Investments break down how advisors can find which companies and sectors stand to benefit from long-term AI adoption.
AI Prompts to Profit from Today's Biggest AI Headlines
Nvidia posted jaw-dropping earnings, Anthropic made a major acquisition, Samsung went all-in on agentic AI phones, Open AI ’s valuation keeps climbing, and hackers proved that AI -powered cybercrime is already here.
Rowspace lands $50M from Sequoia, Stripe for AI investment insights
Rowspace raised $50M led by Sequoia and Emergence to transform investment firms' data into AI-powered decisions. The funding will expand AI applications in finance for better insights from memos and trades.
The “AI Bubble” Narrative Is Over - by Fabian Hediger
The more exposed you are to AI disruption, the quicker your multiple compresses. That is exactly why the “ AI bubble” narrative is too simple. A bubble implies broad, uniform over-excitement.
Vietnam to Establish Rules on AI Application in Banking Activities
The State Bank of Vietnam has released a draft circular to regulate the application of artificial intelligence in the banking sector, aiming to ensure safety, manage risks, and protect customer rights in AI-enabled banking activities. The move highlights the growing adoption of AI in the financial sector and the need for regulatory frameworks to address associated risks.
S&P 10,000 Or AI Apocalypse? - Benzinga | Ring The Bell
A dramatic AI “doomsday” scenario from Citrini Research rattled markets Monday, warning that AI could ultimately pull the rug out from under the economy.
Exclusive: AI financial platform Rowspace raises $50 million round led by Sequoia to help investment firms take on messy data
Rowspace was founded by former Notion CTO Michael Manapat and former Uber corporate development director Yibo Ling.