The generative AI race is no longer just about model performance — it is increasingly about capital intensity. According to The Information, several major technology companies are now competing to invest in OpenAI, as the startup’s infrastructure costs and strategic importance continue to grow. The move reflects a broader reality: building frontier AI models requires […]

Ant Group, the Chinese fintech giant affiliated with Alibaba, is expanding its artificial intelligence capabilities beyond consumer payments and into institutional financial risk management. According to a report from The Information, Ant is deploying AI-powered tools to help banks hedge foreign exchange risk more efficiently — a move that positions the company deeper inside global […]

Beast Industries, the company founded by YouTube creator MrBeast (Jimmy Donaldson), has acquired Step, a U.S.-based fintech app focused on teens and Gen Z users. The deal, first reported on February 9, 2026, marks MrBeast’s most direct move into regulated financial services. Financial terms were not disclosed. The acquisition brings together one of the world’s […]

The fintech revolution is transforming the financial services industry and having a profound impact on the way people manage their money and access financial services. Some of the latest trends and developments in the fintech domain that have been prevalent: These are some of the latest trends and developments in the fintech domain. The fintech […]

Indian fintech company CRED is set to acquire CreditVidya – a SaaS company that offers a lending-as-a-service platform. The transaction is a mix of cash & stock, and closure of the acquisition is subject to requisite approvals. The two firms will continue to operate independently and CRED will extend its ESOP program and other benefits […]

The filing in a New Jersey court comes as crypto prices have plummeted. The price of bitcoin is down more than 70% from a 2021 peak.