Bankingopinion
BankingEvery Major Bank Has an AI Story. None Will Give You the Bill.
Wall Street’s Q3 earnings calls were full of AI productivity claims. The figures that would let investors test them were mostly missing.
Latest
Banking
A $284 Billion Bank Just Built an AI Operating System for Small Businesses
Retail
RetailA Brooklyn Restaurant Owner Built Her Own AI Finance Stack
Bankingleadership move
Wells Fargo Hires BBVA's Enterprise AI Lead to Run AI and Data for Consumer Banking.
Banking
Capital One Rebuilt Its Tech Stack for AI
Manufacturingopinion
Manufacturing59% of Enterprises Say AI Waste Rose. Only 31% Know What They Spend.
Manufacturingopinion
Chipmakers Turn to Upgrades as AI Demand Outpaces Expansion
Bankingopinion
Bank of America’s 130 AI Projects Are Delivering Up to $300 Million This Year
"Next year, we get 10% more work for the same cost."
Banking
Wells Fargo’s CEO Thinks AI Agents Will Reshape Banking
"There's no question that agents will become a part of the way people interact."
Retail
Albertsons CEO Says the Company’s Four AI Bets Are Already Delivering.
"AI is absolutely essential, complementary, and we're not waiting."
Bankingopinion
Citi Is Deploying AI at Scale. Jane Fraser Thinks It Deserves More Credit for It.
Citi is deploying approximately $2 billion per year in technology investments.
Banking
Goldman Sachs Sees the AI Infrastructure Buildout as a $10 Trillion Financing Opportunity
CEO David Solomon used the call to lay out Goldman's view of the AI infrastructure investment cycle.
Banking
JPMorgan Expands AI Agent Use While Blocking External Access
"We are not gonna allow just any outside agent to come inside the company."
Pharma
Pharma"Technological Progress Outpaced Adoption" — The Real Lesson From a Decade of AI in Pharma
"The biggest obstacles were explainability, accountability, governance, risk management, and organizational change."
Banking
Blend's AI Mortgage Agent Is Now Processing 3,500 Loans a Week
"We're moving fast, our customers are moving fast with us, and together we're leading the agentic transformation of lending."
Retail
Meta Unveils Muse Wonder, Its Most Advanced Agentic AI Model
"When you do real-world tasks, you're going to get roadblocks and you're going to get things that come up or various setbacks."
Manufacturing
AMD Built a Rack Server Around What AI Agents Actually Need to Run
"Agentic AI is not a single workload. It spans personal agents, enterprise applications, code execution and complex workflows."
Retailleadership move
Hilton Hires Uber's Jeff Moore as CTO to Accelerate Its AI and Platform Strategy
"I was especially drawn to Hilton's ambition to harness AI and next-generation technology to reimagine the guest experience and empower team members,"
Retail
The RealReal Rolls Out AI Shopping Agent to All 45 Million Members After Pilot
The platform lists more than 1.5 million unique items daily, each available as a single unit.
Retail
Accenture and Dell Form a Dedicated Business Group to Help Enterprises Run AI on Private Infrastructure
"We want to help enterprises move from AI interest to adoption."
Bankingresearch
One in Three Enterprises Deployed an Emergency AI Spending Freeze This Year.
"AI is fundamentally changing how infrastructure is consumed and how costs accumulate."
Bankingresearch
94% of BFSI Firms Use AI to Save Time. Only 19% Track the Returns.
BFSI firms are using AI to protect what they have, not to build what they could have.
Retail
Airbnb's CEO Said Anyone Can Build AI Search
"Anyone can vibe-code a search function."
Retail
DoorDash Built an MCP Connector for Corporate Food Ordering
"We want to make it easier for the person putting that meal together."
Retail
AI Search Is Costco's Best Traffic Source
"Traffic to our site from AI search grew triple digits for the second consecutive quarter."
Banking
Robinhood Just Gave 29 Million Retail Investors an AI Trading Agent
"We're making Robinhood the best place in the world for active traders."
Banking
Webull Brought Its Trading Platform Into Claude, Perplexity and Grok
"AI is changing how investors access information and interact with their brokerage accounts."
Manufacturing
AMD Is Acquiring a Physical AI Research Lab for $8.2 Billion
"Building the compute platforms for the next generation of AI requires a deep understanding of how models are evolving."
Retail
Shopify Just Let Browser-Based AI Agents Complete Purchases
"These WebMCP tools provide structured and efficient APIs, purposely designed via UCP."
Banking
Mastercard Launched an AI-Powered B2B Analytics Platform
"Businesses today are sitting on vast amounts of payment data, but too often it remains fragmented and underutilized."
Manufacturing
Cognex Launched an AI-Powered Wafer Reader for Semiconductor Fabs
"The In-Sight 1750 combines our latest AI technology with decades of semiconductor expertise."
Pharma
AI Just Added $942 Million to US Healthcare Costs
"All the insurers are using AI to scan our charts to look for claims to deny."
Retail
Stitch Fix Named AI Investment as a Reason for EBITDA Declining
"If I want to ensure my pantry is perpetually replenished with paper towels, that's something I would happily outsource to my agentic shopper."
Banking
Accenture Invested in a Platform That Maps How Work Actually Happens
"People and agents working in harmony is the future of work."
Retail
Retail's Most Expensive Problem Right Now Is AI Search
"We are definitely seeing increased digital advertising costs."
Pharma
Oracle Health Announced Five AI Tools for Revenue Cycle Management
"AI gives us an opportunity to prevent revenue cycle problems before they lead to denials and delayed payments."
Retail
YouTube Embedded AI Into Every Stage of the Creator Workflow
"Our vision is for Ask Studio to become the ultimate creative partner for every Creator, a trusted companion that Creators turn to first."
Retail
Amazon's Seller Assistant Now Runs 24/7 Without the Seller
"Amazon sellers make dozens of decisions a day on pricing, inventory, and ads."
Retail
Kroger Wants AI Agents to Handle Your Weekly Grocery Shopping
"The goal is not autonomy everywhere."
Banking
MVB Bank Is Automating Fintech Partner Risk Reviews With AI
"If you want to show your regulators you're doing it right, you have to add consistency and scale with technology."