Federal Reserve

Eliminating AI safeguards can increase uncertainty for financial institutions and, in a worst-case scenario, increase the risk of systemic collapse.

The People's Bank of China (PBC), the central bank, held a meeting to reinforce its technological work in 2025, vowing to promote the applications of artificial intelligence (AI) large language models and related technologies in the financial sector to accelerate the process of financial digitalization.

Prudential Financial's Lauren Clement wonders if new breakthroughs in AI could completely disrupt how the industry has long relied upon artificial intelligence.

The ongoing policy debate about cuts to federal research spending has largely ignored how such cuts threaten to devastate America's innovation and dominance in artificial intelligence. Federal research investment is an essential ingredient for American dominance in the global AI ecosystem.

In conclusion, Venkata Raja Ravi Kumar Gelle highlights that facial recognition adoption in banking marks a major shift toward smarter and safer financial services. With responsible implementation and continuous innovation, this technology can redefine customer interactions, setting new standards for security and service excellence.

The ongoing policy debate about cuts to federal research spending has largely ignored how such cuts threaten to devastate America's innovation and dominance in artificial intelligence. Federal research investment is an essential ingredient for American dominance in the global AI ecosystem.

Market discussions about the recent rise of Chinese artificial intelligence (AI) dark horse DeepSeek have taken on a new dimension, with some analysts suggesting that China's rapid technological advances could boost the internationalisation of its yuan currency and weaken the global influence of the US dollar.

Newly appointed Crypto and AI Czar David Sacks held a press conference today as part of the week one objectives of President Donald Trump. Sacks took to the