Finextra: BMO opens institute for AI and quantum
BMO become the latest bank to open an AI centre of excellence – but this one includes Quantum as well.
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Finextra: Banking and fintech vet Derek White launches Primitive AI agent operating system
The AI Infrastructure has been disjointed – until now?
Finextra: Lloyds puts AI agent in the boardroom
Lloyds Banking Group has added an AI “board bot” to its boardroom to help reduce bias in decision-making.
TechCrunch: France to ditch Windows for Linux to reduce reliance on US tech
France is trying to move on from Microsoft Windows.
The Guardian: US summons bank bosses over cyber risks from Anthropic’s latest AI model
The US Treasury secretary summoned major American bank chiefs to a meeting in Washington this week amid concerns over the cyber risks posed by Anthropic’s latest AI model.
Reuters: Citigroup says AI helps speed account openings and systems upgrades
Citi is using AI to speed up account openings and the retirement of old software.
Finextra: New York state force stores to accept cash
New York state is forcing stores to accept cash.
Mirror: Major high street bank reopening branches in U-turn after shutting 800 locations
Barclays realise that the personal touch is still best.
Reuters: DeepSeek’s V4 model will run on Huawei chips, The Information reports
Chinese chip vendors are emerging for AI.
Interesting Engineering: Silicon quantum processor achieves full logical operations for the first time
Researchers have built a silicon quantum chip that runs logical operations with built-in error detection and real algorithms