For decades, the global financial system has enabled businesses to trade across borders by prioritizing stability and regulatory oversight. Yet despite transactions becoming increasingly digital and global, the pace of settlement has remained largely unchanged. The way value moves across borders today reflects deep structural constraints. International wires operate within narrow windows, and payments often…
Last February, OpenAI co-founder and Tesla Autopilot’s founding engineer, Andrej Karpathy, accidentally coined a now-ubiquitous term when he tweeted about “vibe coding.” The phrase described a form of A.I.-aided coding that lowered the barrier to entry for software engineering and soon took both hobbyists and Silicon Valley by storm. To celebrate the one-year anniversary of that…
For years, Adobe has been the gold standard for image and video software in the enterprise market. But today, it’s facing a very different kind of competition. A wave of A.I.-powered startups can now generate and edit content in seconds, often for a fraction of the cost. Tools like Higgsfield promise instant, click-to-video workflows for…
The Seattle Seahawks may have dominated the Super Bowl. But when it comes to the event’s famed advertisements, A.I. was the real winner. A.I. appeared across nearly one-quarter of this year’s Super Bowl ads, including spots in which Anthropic pledged an ad-free version of Claude, Meta showed off its smart glasses, and Salesforce tapped MrBeast…
Marco Argenti, chief information officer at Goldman Sachs, is leading one of Wall Street’s most aggressive integrations of A.I. He has made a name for himself as an early adoptor of A.I. in finance through initiatives like the GS AI Assistant platform, which is offered to Goldman Sachs employees for tasks such as coding and…
As the A.I. industry’s two most influential voices, OpenAI CEO Sam Altman and Anthropic’s Dario Amodei are competing not only for market share but control over the public narrative. The rivalry was put to the test this week when Anthropic released a Super Bowl campaign poking fun at OpenAI’s recent move to introduce ads into ChatGPT….
Sara Hooker, a computer scientist known for her work on machine learning at Google and Canadian A.I. startup Cohere, has spent the past few years doing her “tour of duty” across some of the A.I. industry’s most competitive frontier labs. Now, she’s striking out on her own—and taking a rebellious stance against the industry’s most…
PayPal’s board chairman Enrique Lores surprised Wall Street yesterday (Feb. 3) by appointing himself as the payment giant’s new CEO, replacing Alex Chriss. Lores, who was CEO of HP right up until the announcement, will officially assume his new role on March 1. HP’s board, largely blindsided by Lores’ move to PayPal, scrambled to appoint…
Dario Amodei is done playing nice. The Anthropic CEO, who has spent much of the past five years positioning his company as the safety-conscious alternative to OpenAI, is spending millions on a Super Bowl campaign taking direct aim at OpenAI’s decision to introduce advertising into ChatGPT in a pointed jab at the direction Silicon Valley’s…
Mati Staniszewski and Piotr Dabkowski’s ElevenLabs is everywhere. Matthew McConaughey uses ElevenLabs to power the Spanish-language version of his personal newsletter. Masterclass uses ElevenLabs to give A.I. versions of its instructors a voice. Even the Ukrainian government uses ElevenLabs to add audio interfaces to public services. Silicon Valley, of course, has also taken notice of…
