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The Federal Reserve’s latest Beige Book strikes a cautiously upbeat tone, pointing to modest economic gains across much of the country even as businesses and consumers navigate higher costs, tighter credit conditions and shifting labor dynamics.
Covering economic conditions across the 12 Federal Reserve districts, the report shows that overall activity increased at a slight to moderate...
The 21st century enterprise is an increasingly porous one. Data flows more freely, decisions happen faster and the line between internal insight and external exposure is growing thinner.
It’s because software is eating the world, as infamously predicted by the venture capital industry. Corporate tech stacks have gone global and department workflows have been irreversibly streamlined...
Wikipedia gained support from five more companies that use its content to train their artificial intelligence platforms.
Amazon, Meta, Microsoft, Mistral AI and Perplexity formalized their relationships with the platform through Wikimedia Enterprise, the Wikimedia Foundation’s commercial product for large-scale reusers and distributors of content from the foundation’s projects,...
The historical link between capability and operating expense in artificial intelligence (AI) is beginning to fracture. Previously, as AI models get smarter, the cost to run them scaled at a near-prohibitive clip, where every simple customer query triggers the full computational weight of a massive neural network. With cost tied to usage volume, broad deployment was simply too expensive...
Financial services and banking firm State Street has introduced an infrastructure platform for tokenized assets.
The company says the platform, announced Thursday (Jan. 15), is designed to help State Street serve as a bridge between digital and traditional finance.
“We are moving beyond experimentation and into practical, scalable solutions that meet the highest standards of security...
BlackRock has raised $12.5 billion in its artificial intelligence partnership with Microsoft, Bloomberg reported Thursday (Jan. 15), citing commentary from the company’s fourth-quarter 2025 earnings call.
The investment management firm and the tech giant joined forces in 2024 to fund data centers behind the AI boom and are now closer to their $30 billion goal, the report said. The...
Swift said it has concluded a digital assets interoperability trial with a trio of banks.
The global messaging platform said this effort—conducted in collaboration with BNP Paribas Securities Services, Intesa Sanpaolo and Societe Generale’s SG Forge—allowed for “the seamless exchange and settlement” of tokenized bonds, while supporting payments in both fiat and digital currencies....
OpenAI is reportedly lining up suppliers to support a major product expansion over the next few years.
The artificial intelligence (AI) startup has put out a request for proposals from companies that manufacturer in the United States and offer components related to data centers, robotics and consumer devices, Bloomberg reported Thursday (Jan. 15).
“AI is a catalyst for the...
Getting crypto markets legislation passed in the U.S. is becoming as volatile as crypto markets themselves.
Thursday (Jan. 15) was supposed to be a big day for the digital asset sector. The Senate Banking Committee, which oversees the Securities and Exchange Commission (SEC), and the Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission (CFTC), had set...
Uber and its associated apps have launched a partnership with grocery chain Kroger.
The collaboration adds nearly 2,700 Kroger-owned stores to Uber, Uber Eats and Postmates, letting customers around the country shop and order same-day delivery, the companies announced in a Thursday (Jan. 15) news release.
“Customers’ needs evolve constantly, and at Kroger, we’re committed to meeting...