OpenAI Developing AI Agent to Replace Software Engineers, CFO Says
OpenAI CFO Sarah Friar said the startup is building an artificial intelligence (AI) agent that can do all the work of software engineers, not just augment their skills, during a wide-ranging interview...
AI App Startups Making Rapid Gains in Sales and Funding
Startups that build artificial intelligence (AI) applications on top of large language models (LLMs) are reportedly making rapid gains in both sales and funding.
These startups are reaching as much as...
LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations over tariffs during the 90-day suspe...
XRP and SWIFT Partnership Rumors: Analyzing the Facts
Rumors are circulating that the global interbank network SWIFT may soon integrate Ripple’s XRP Ledger. However, many of the claims about SWIFT’s interest are highly overstated.
Although Ripple ...
Paychex Acquires Paycor in $4.1 Billion Deal
Human capital management (HCM) firm Paychex has announced its acquisition of Paycor HCM, a software company providing HCM, payroll and talent services.
The acquisition will help the company offer “...
Wells Fargo Expands Technology Banking Team Amid Tech Sector Growth
Wells Fargo said it is making the largest investment in talent that it has made in the 25-year history of its Technology Banking organization.
The bank expanded its Wells Fargo Technology Banking team...
