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M&T Bank expands enterprise AI after years of technology overhaul

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M&T Bank has deployed AI copilots to more than 15,000 employees as the US regional bank applies AI to internal operations, customer service, software development, and risk management. The bank uses AI to analyse call-centre conversations, draft reports, generate code, identify customer needs, and flag portfolio risks, according to Fast Company. M&T is also examining […]

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A quarter of Nvidia’s business next year comes from labs it is financing

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Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will contribute toward roughly a quarter of its business

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Google’s Gemini 3.6 Flash targets enterprise agent token costs

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Google has released Gemini 3.6 Flash and 3.5 Flash-Lite as new workhorses designed to cut latency and token costs for enterprise AI agents. The economics of running autonomous software agents inside a production environment come down to a fixed equation few vendors advertise directly. A model needs to reason through a multi-step task competently, but

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Bank of England reviews AI rules for agentic AI in finance

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The Bank of England is reviewing whether existing rules can cover the use of agentic AI in finance, including payments, trading, cybersecurity, and operations. Deputy Governor Sarah Breeden said existing regulatory frameworks were not designed for AI agents that can act without direct human instruction. Speaking at the European Central Bank Forum on central banking

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Benchmarks of Sakana AI Fugu standard and Ultra compared to rival frontier models.

Mitigating vendor lock-in with Sakana AI Fugu multi-agent models

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Sakana AI launched Fugu to orchestrate multi-agent operations and mitigate single-vendor dependency risks in enterprise deployments. Enterprises face operational vulnerabilities when relying entirely on monolithic AI APIs. Japanese AI firm Sakana AI designed Fugu as a response to these concentration risks by creating an orchestration language model that calls upon a pool of varied models

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HSBC expands AI banking partnership with Google Cloud

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HSBC has entered a multi-year partnership with Google Cloud to develop and deploy artificial intelligence tools across its global operations. Announced at Google Cloud Summit London 2026, the agreement covers work in wealth management, financial crime risk management, and internal decision support. HSBC will work with Google Cloud and Google DeepMind engineering teams on AI

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Insurers pivot AI strategy toward core risk underwriting

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AI investments by insurers are now expected to generate tangible business value beyond mere efficiency. According to findings in the 2026 Evident AI Index, insurers are now embedding AI technologies into workflows that directly influence underwriting discipline and capital allocation. Christian Preece, Insurance Director at Evident, says: “For years, insurers have competed on AI ambition,

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Coinbase for Agents: Automating portfolio trading with AI

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Coinbase for Agents connects AI to financial execution channels to automate trading and payments directly from user portfolios. Large language models process vast quantities of data but lack direct integration with active financial portfolios. Individuals frequently employ these models to evaluate market developments or research investment opportunities. These software tools possess the capacity for complex

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Visa ChatGPT integration enables AI agent retail purchasing

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Visa has linked its payment infrastructure to ChatGPT, enabling AI agents to recommend retail products and execute financial transactions. The deployment removes human intervention from the final stages of the retail funnel. Autonomous agents will now process user prompts, evaluate merchant catalogues, and complete the checkout process using Visa’s payment rails at any supporting merchant.

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Aviva deploys AI to stop £230M in sophisticated insurance fraud

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Aviva has uncovered a record £230 million in insurance fraud claims and is using AI tools to counter the growing problem. The battleground has changed, and the culprits are also coming armed with a new generation of tools. We’re now in an environment where AI is being used not just to defend against fraud, but

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