Author: Art Ryan

BNY Mellon announced Monday (Dec. 8) that the bank will integrate Google Cloud’s Gemini Enterprise into its enterprise artificial intelligence (AI) platform Eliza, further expanding the bank’s use of agentic AI to accelerate research, automate complex tasks and improve data processing.  The company said the upgrade will help employees analyze large volumes of information more efficiently and deliver insights faster across business functions. Sarthak Pattanaik, BNY Mellon’s Chief Data and AI Officer, said the initiative reflects the firm’s broader strategy to embed AI more deeply across the organization. “At BNY, our AI strategy is clear: AI for everyone, everywhere and everything,” he said, describing Gemini Enterprise as a way to…

The era of artificial intelligence (AI) experimentation in business is officially over. A new report from OpenAI, “The state of enterprise AI 2025,” released Monday (Dec. 8), doesn’t just chronicle growth; it signals a structural pivot where generative AI is transitioning from a supplemental productivity tool to embedded, mission-critical infrastructure within the global financial and digital economy. Organizations are moving beyond pilot programs to scaled, operational deployment, effectively codifying institutional knowledge into intelligent, persistent assistants. The average enterprise worker now sends 30% more ChatGPT messages weekly than a year ago, while API reasoning token consumption per organization increased 320-fold, demonstrating both broader…

Visa CEO Ryan McInerney’s annual letter to shareholders, released Tuesday (Dec. 9) reads like a technology thesis for where payments is headed, not just a performance recap. In the letter, part of the company’s annual report, he described a “rewiring” of commerce driven by agentic artificial intelligence (AI), tokenized credentials and data, stablecoins and digitized identity. He argued that every new way to pay (from account-to-account and wallets to crypto and “agent-led commerce”) only matters if it can scale with security, reliability and modern risk controls. McInerney put agentic AI at the front of the platform shift. In his view, the next wave…

Amazon is rolling out new shopping features for its artificial intelligence (AI) assistant Alexa+. As reported Tuesday (Dec. 9) by TechCrunch, these features include a shopping hub, a feature that lets users add items to recent orders and personalized recommendations. The report notes that while Amazon has been developing features to make Alexa+ more of a shopping assistant with abilities such as automated deal tracking and automatic purchases, the company is now turning its screen-outfitted Echo devices into a shopping hub with an interface that it’s calling the “Shopping Essentials” experience. With this dashboard, Amazon shoppers can monitor deliveries in real time, find information about…

Anthropic said that it is bringing Claude Code directly into Slack, giving companies a way to turn routine channel discussions into coding tasks and draft pull requests without leaving the messaging platform. The rollout, launched as a research preview, represents a shift toward artificial intelligence (AI) agents embedded inside everyday enterprise tools rather than stand-alone chatbots competing for attention outside the flow of work. The feature allows users to tag @Claude in any channel or thread. If the message resembles a coding request, Claude Code automatically detects intent, analyzes the surrounding Slack conversation for context and selects the correct repository the user…

OpenAI has appointed former Slack CEO Denise Dresser as its chief revenue officer. In this role, Dresser will oversee the artificial intelligence (AI) startup’s global revenue strategy across enterprise and customer success and will “help more businesses put AI to work in their day-to-day operations,” OpenAI said in a Tuesday (Dec. 9) blog post. “We’re on a path to put AI tools into the hands of millions of workers, across every industry,” Fidji Simo, CEO of applications at OpenAI, said in the post. “Denise has led that kind of shift before, and her experience will help us make AI useful, reliable and accessible for businesses everywhere.” At…

Wells Fargo’s CEO said artificial intelligence (AI) could potentially influence company decisions on staffing levels. Speaking Tuesday (Dec. 9) at a Goldman Sachs-hosted conference, Charlie Scharf noted that his company has begun offering generative-AI tools to its engineers, making it 30% to 35% more efficient for them to write code. While it hasn’t led to job cuts, teams are more productive. “We’re not as efficient as we should be without the benefits of AI,” said Scharf, whose comments were reported by Bloomberg News. The CEO added that there are many other places where the banking giant will be able to determine how to use large language models…

In this week’s artificial intelligence (AI) startup funding news, fresh capital flowed into companies focused on computing, operational efficiency and domain-specific AI tools. As reported by Bloomberg, the largest deal came from Unconventional AI, which raised $475 million in a seed round at a $4.5 billion valuation as it builds a novel computer optimized for AI workloads. The company was founded two months ago by former Databricks head of AI Naveen Rao and aims to rethink the architecture of AI computing by drawing inspiration from biology and analog physics. According to the report, Unconventional AI is designing systems that prioritize energy efficiency by exploring semiconductor-level…

Google denied a Monday (Dec. 8) report by AdWeek that the tech giant plans to bring ads to its artificial intelligence (AI) chatbot Gemini. “This story is based on uninformed, anonymous sources who are making inaccurate claims,” Dan Taylor, vice president, global ads at Google, said in a Monday post on X. “There are no ads in the Gemini app and there are no current plans to change that.” AdWeek had said earlier in the day, in a post on X promoting a paywalled article: “[Google] has told advertising clients in recent days that it plans to bring ads to its AI chatbot Gemini, according to agency buyers familiar with…

Qatar has established a new artificial intelligence (AI) company called Qai, joining larger Gulf nations that are channeling state resources into building domestic AI capabilities and expanding their influence in the global technology sector. The company will operate as a subsidiary of the Qatar Investment Authority, the country’s $524 billion sovereign wealth fund, according to Bloomberg. Qai will invest in AI infrastructure in Qatar and abroad and provide high-performance computing along with a connected suite of tools. The creation of Qai places Qatar alongside other Gulf states that have moved aggressively into artificial intelligence as part of broader economic diversification plans. The United…

Anthropic has teamed with consulting firm Accenture to help companies scale artificial intelligence (AI) projects. The collaboration, announced Tuesday (Dec. 9), has resulted in the Accenture Anthropic Business Group, which will provide training to around 30,000 professionals. “Our new partnership means that tens of thousands of Accenture developers will be using Claude Code, making this our largest ever deployment—and the new Accenture Anthropic Business Group will help enterprise clients use our smartest AI models to make major productivity gains,” said Dario Amodei, CEO and co-founder of Anthropic. In addition, the companies are launching an effort to help chief information officers (CIOs) scale AI powered software, with…

Ulta Beauty reported strong third-quarter results, with digital engagement rising, eCommerce up in the mid-teen range and loyalty membership growing 4% to a new high. AI-driven personalization, social-led discovery and expanded app capabilities contributed to stronger conversion across channels. Early holiday results were positive, supported by consistent traffic and faster fulfillment. Ulta said digital performance was a central driver of Q3 growth, supported by a faster app, new checkout features and broader ship-from-store coverage. CEO Kecia Steelman noted that the digital business continues to gain momentum. “We have had three consecutive quarters of double-digit e-commerce comp,” she said, adding that “our investments to elevate…

Microsoft has pledged $17.5 billion for artificial intelligence (AI) and cloud computing in India. The investment, which the company called its largest ever in Asia, was announced Tuesday (Dec. 9) after CEO Satya Nadella met with Indian Prime Minister Narendra Modi to discuss the country’s AI vision. “Microsoft’s investment in India focuses on three pillars—scale, skills and sovereignty—aligned with the Prime Minister’s vision of building a comprehensive ecosystem that drives AI innovation and access at a national scale,” the company said in its announcement. “Together, Microsoft and India are poised to set new benchmarks and drive the country’s leap from digital public infrastructure to AI…

The increasingly heated fight for Warner Bros. Discovery (WBD) is, on its face, about libraries: HBO’s prestige slate, DC’s franchises and Warner’s studio machine. But the bidding war now featuring Netflix and Paramount is also a referendum on something less visible and arguably more defensible than IP: the consumer-facing algorithms that decide what gets watched, when and how often. Netflix reached a $72 billion equity deal for WBD’s studio and streaming assets, while Paramount Skydance has countered with a $30-per-share hostile bid, prolonging a contest already drawing regulatory scrutiny and pricing questions. Streaming has become one of the most refined subscription machines…

Safebooks has emerged from stealth and announced it raised $15 million in seed funding for its intelligent automation layer for quote-to-revenue finance operations. The Agentic Revenue Integrity (ARI) layer provides continuous monitoring, reconciliation and artificial intelligence-powered automation, eliminating the need for manual reviews, reconciliations and data entry, the company said in a Tuesday (Dec. 9) press release. The Safebooks platform reads documents in any format; validates they match what’s in the user’s customer relationship management (CRM), enterprise resource planning (ERP) and billing systems; catches discrepancies as they happen; and auto-remediates them, according to the release. It works on top of users’ existing systems, processes…

Google is facing an antitrust investigation in Europe tied to its artificial intelligence (AI) tools. The European Commission (EC) announced Tuesday (Dec. 9) that it is looking into whether Google had hindered competition by imposing unfair conditions on content creators, and by giving its own AI model an edge over competitors. The investigation will look at whether Google used web publishers’ content to provide generative AI-powered services to its search results page without properly compensating them or offering them the chance to refuse this use of their content. In addition, the competition watchdog is examining whether it used content uploaded to YouTube to train AI…

IBM said on Monday (Dec. 8) it plans to acquire Confluent for about $11 billion in cash for the real-time data streaming company in one of its largest acquisitions in the recent years. The transaction is expected to close by mid-2026, pending shareholder and regulatory approval. The company said Confluent will continue operating as a standalone business unit inside IBM after the deal closes. Confluent provides software that moves data between systems in real time. Its technology is rooted in Apache Kafka, the open-source framework developed by Confluent’s founders and widely used in enterprise applications. Bloomberg reported that Confluent has become a key provider of streaming data…

Finance leaders used to joke that accounts payable (AP) was where innovation went to die. Then, seemingly overnight, AP became one of the most aggressively optimized functions in the enterprise. A generation of fintechs, spanning Ramp, Brex, Bill, Navan, Airbase, and dozens more, have spent the past handful of years pouring machine intelligence into the guts of spend management. The result? AP workflows that once required armies of clerks have, for many firms, become nearly touchless. Thanks to advances in automation and artificial intelligence (AI), as well as API-driven integrations, vendor onboarding, invoice ingestion, spend categorization, anomaly detection, and payment timing…

The Department of Health and Human Services has released its artificial intelligence strategy. The new strategy, announced Monday (Dec. 8), is part of a broader plan to make artificial intelligence (AI) available to federal workers by integrating it into internal operations, research, and public health. “AI has the potential to revolutionize health care and human services, and HHS is leading that paradigm shift,” Jim O’Neill, the department’s deputy secretary, said in a news release. “By guiding innovation toward patient-focused outcomes, this Administration has the potential to deliver historic wins for the public—wins that lead to longer, healthier lives.” According to the release, the department’s AI…

Fashion brands are facing faster trend cycles and rising pressure to design, produce and personalize at the speed of consumer demand. Artificial intelligence (AI) has moved to the center of that shift, powering everything from creative workflows to the digital experiences shoppers interact with. At New York Fashion Week, designers showed how generative tools support early-stage creation. The Washington Post reported that labels feed silhouettes, fabrics and references into AI systems that return thousands of variations in minutes. Designers study proportion, drape and motion digitally instead of spending days on sketches and samples. The approach reduces waste and helps teams move quickly.…