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BANKING INDUSTRY CONCERNS AI
Bank of Japan warns of risks from AI market shock, cyberattacks"If expectations regarding the profitability of AI-related investment were to decline, shocks could be amplified, mainly through portfolio ...- Global Market: Anthropic presses ahead with November IPO as AI listings face delaysAnthropic is preparing for a potential mid-November IPO despite market volatility, rising interest rates and concerns over AI spending. Wit...
- OpenAI and Poland's NASK collaborate on AI safety researchOpenAI has teamed up with Poland's NASK National Research Institute to boost AI safety protocols. This partnership seeks to tackle the rece...
- US banks detect unauthorised AI agents in customer accountsIn a troubling development, leading US banks such as Morgan Stanley, Bank of America, and JPMorgan have identified unauthorized AI agents a...
- Yen shines as AI jitters spur safe-haven rushThe Japanese yen reached its strongest level in over a month due to increased safe-haven demand. Concerns about the sustainability of the A...
- US banks are blocking third-party AI agents access to customer accounts, sources sayMajor US banks, including Morgan Stanley and JPMorgan Chase, are blocking third-party AI agents from transactions. This decision comes afte...
- Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
- SoftBank's market cap halves from peak over AI fearsGlobal concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associa...
- Investors see risk from US midterms to AI trade as data center backlash buildsAs public criticism of data centers intensifies ahead of the US midterm elections, the implications for the AI sector and data center devel...
- Global Market: Japan’s Nikkei falls as chip stocks retreat on AI spending concernsJapan’s Nikkei slipped as semiconductor stocks retreated amid concerns over the sustainability of AI infrastructure spending into 2027. Tok...
- US Treasury yields slip as AI concerns boost safe haven demand ahead of 20 year auctionUS Treasury yields slipped as investors weighed the impact of higher borrowing costs on AI stocks, with the 10 year yield heading for a sec...
- OpenAI’s IPO dream may shatter with distress sale to MSIn a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He ...
- New UN initiative will aim to tackle the military uses of AIThe United Nations is set to launch a new initiative focusing on military applications of artificial intelligence. This forum will aim to a...
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
- Global Market: Japan’s Nikkei falls 2% as tech selloff, rising oil prices fuel inflation fearsJapan’s Nikkei 225 fell as US technology stock losses and rising oil prices heightened inflation and interest rate concerns. Semiconductor ...
- US Market: Wall Street’s AI rally faces test as Meta earnings loomWall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors w...
- Anthropic cofounder renews call for robust regulation of frontier AIConcerns about AI guardrails have soared after models developed by OpenAI and Anthropic were involved in security incidents during testing,...
- AI cost savings may be offset by rising verification expenses: Deutsche BankThe report, titled "AI boom or doom: what will superintelligence feel like and when will we get there?", said that while AI has made it che...
- US states sue AI giant OpenAI, saying its popular chatbot is hurting children and deceiving adultsEight US states have initiated lawsuits against OpenAI, alleging violations of consumer protection laws on various grounds. The accusations...
- Banking watchdogs ramp up AI scrutiny as stability fears mount, sources sayBanking regulators are intensifying their oversight of AI risks that could affect financial stability and cyber security. The Federal Reser...
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