An MIT study reveals that 95% of generative AI business projects are failing, despite substantial investments. The report ...

Sam Altman has another opinion. It was ever thus. Fortunately so does Workday CEO Carl Eschenbach - and I know which one I'm ...

Klarna, the global digital bank and flexible payments provider, today announced the execution of its inaugural warehouse financing facility with Santander as the sole lender. The facility provides a ...

A bank in Australia put 45 employees on the street in favor of a chatbot. Public pressure and poor results have now led to a ...

Eking out a definition should sit beside broader business priorities: deciding where human focus belongs will be imperative ...

The CBA's decision to cut jobs in favor of AI was met with immediate backlash. The bank's leadership claimed that the transition would improve customer service by providing quicker assistance. However ...

One expert said the growing reliance on "BNPL" to cover everyday items "speaks volumes about the cost of living, wages and ...

Tech listings surge in New York and globally as AI, fintech, and crypto issuers drive record valuations, strong investor ...

John Doran, who led TCV's European investments, has relocated to the Bay Area to bolster the $22 billion growth equity fund’s team.

In the past, senior politicians would ask me a simple question whenever I was back in Westminster. “What is happening in San Francisco?” Their reasoning was clear; they believed what happened there ...

It is clearly a bad look for the bank that talked up embracing the new technology to so publicly mishandle this particular aspect of its implementation.

The Commonwealth Bank has reversed a decision to cut 45 customer service jobs due to the use of artificial intelligence and admitted it made an “error” by declaring the roles redundant.