
BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are…

Uber has acquired the main remaining alternative taxi-hailing app in the city. Acquired five months before Hong Kong’s new ride-hailing licences are expected to come into force, the move locks in Uber’s consolidated position before competitors Didi, Ta…

Artificial intelligence has already embedded itself into the rhythms of modern life, shaping decisions in ways that often go unnoticed. Amy Trahey, founder of Great Lakes Engineering Group, believes that integration is exactly what makes it powerful an…

HSBC, BNP Paribas, and Intesa Sanpaolo are among eight institutions that have submitted commitments as sub-underwriters, in one of the largest tests of creditor appetite for AI-linked debt. The $40 billion bridge loan SoftBank signed in March to fund i…

New FTC data published Monday show that nearly 30% of all reported scam losses last year began on social media. Investment scams alone cost $1.1 billion. Shopping scams were the most frequently reported. Romance scams started on social media in 60% of …