2025-10-09
Leading financial institutions are worried about a looming AI bubble
Both the International Monetary Fund (IMF) and the Bank of England are warning of an AI bubble that could burst sooner than later, citing soaring valuations and stock prices. Speaking at the Milken Institute in Washington DC, Kristalina Georgieva, managing director of the IMF, said that "uncertainty is the new normal and it is here to stay" and that we should all "buckle up. [...]
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2025-10-27
Anthropic rolls out Claude AI for finance, integrates with Excel to rival Microsoft Copilot
Anthropic is making its most aggressive push yet into the trillion-dollar financial services industry, unveiling a suite of tools that embed its Claude AI assistant directly into Microsoft Excel and c [...]
2025-01-02
The 6 best Mint alternatives to replace the budgeting app that shut down
It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]
2025-11-18
Microsoft and NVIDIA will invest up to $15 billion in Anthropic
Fresh off a reorganized deal with OpenAI, Microsoft is diversifying its AI investments. The company says it will invest up to $10 billion in Anthropic. Meanwhile, NVIDIA has pledged up to $5 billion i [...]
2025-10-22
Steve Wozniak, Prince Harry and 800 others want a ban on AI ‘superintelligence’
More than 800 public figures including Steve Wozniak and Prince Harry, along with AI scientists, former military leaders and CEOs signed a statement demanding a ban on AI work that could lead to super [...]
2025-04-17
The Consumer Financial Protection Bureau has cut 90 percent of its employees
The Consumer Financial Protection Bureau has been reduced to a skeleton crew. The department, which was created to oversee banks and financial institutions, has cut about 1,500 jobs, leaving about 200 [...]
2025-06-13
Mistral AI launches Mistral Compute to deliver private AI infrastructure for European institutions
Mistral AI has launched Mistral Compute, a new AI platform offering private infrastructure for governments, companies, and research institutions.<br /> The article Mistral AI launches Mistral Co [...]
2025-11-12
Investors warn of AI chip bubble as AMD and D‑Matrix keep the boom alive
Warnings of an AI chip bubble are growing louder, driven by the short lifespan of hardware and risky financing. At the same time, new investments and optimistic forecasts show the boom is not over yet [...]
2025-10-30
Bill Gates calls AI "the biggest technical thing ever in my lifetime," but warns of a bubble
Bill Gates recently compared the current wave of excitement around AI to the dot-com bubble, while making it clear this isn't just hype.<br /> The article Bill Gates calls AI "the bigg [...]
2025-11-19
Deepmind CEO Hassabis: World models are the future, but the AI bubble is real
With Gemini 3 Pro, Google aims to reclaim AI leadership. But Deepmind-CEO Demis Hassabis is already looking ahead to the next, expensive stage of AI development, warning of a bubble in the private mar [...]