Anthropic Public Benefit Fund: Musk Answers With a SpaceX Share for Every US Child
Anthropic commits 5% of its shares to a Public Benefit Fund. Musk wants the shares given to people directly and pledges one SpaceX share to every US child.
Fin-Tech
Fin-Tech explained from the inside out. The ideas, the people, and the phenomena.
NVIDIA Nemotron 3.5, RTX Spark and Hugging Face: NVIDIA’s Bid to Put Workplace AI on the Desk
NVIDIA’s Nemotron 3.5 open models run on its new RTX Spark laptops, and it is buying Hugging Face. What local AI means for office costs and client data.
The Agent Can. But Should It?
AI agents treat every permission they hold as a mandate. Why access controls cannot define authority, and the authorization model finance teams can enforce.
Mastercard Global Money Platform: Stablecoin Adoption Moves Into the Company Treasury
Mastercard and BVNK’s Global Money Platform lets companies hold, convert and pay out stablecoins through one API, putting stablecoin adoption in the treasury.
Bank of America Mythos Contractors: 1,000 Workers Outside a Headcount Down 3,473
Bank of America hired 1,000 contractors to fix flaws Anthropic’s Mythos found. None appear in its headcount, which fell 3,473 as processes were automated.
Qivalis EMI Licence: What DNB’s Approval Lets the 37-Bank Euro Stablecoin Do Next
The Qivalis EMI licence from DNB lets the 37-bank consortium issue a euro stablecoin under MiCA once its white paper is out: redeemable at par, no interest.
JPMorgan and Wells Fargo Earnings Show Banks Building AI Agents, Models and Blockchain Rails In-House
JPMorgan and Wells Fargo earnings show both banks building AI agents, models and blockchain rails in-house, and leaving customers the risk of shared passwords.