Technology

The Nvidia Hugging Face Acquisition represents a major transaction in the AI technology sector, with Nvidia announcing plans to acquire the open source AI platform Hugging Face for $12.9 billion. CEO Jensen Huang confirmed the deal in a blog...

The London Stock Exchange has partnered with Payward, the parent company of Kraken, to explore tokenised equities through regulated market infrastructure. The partnership will examine how digital native access and blockchain based systems can connect with LSEG’s regulated market ecosystem,...

Artificial intelligence is gaining a more specific role in post-trade operations, where the quality of underlying data can determine how effectively it is used. Rather than treating AI as a standalone automation tool, financial institutions are increasingly examining how...

Artificial intelligence is moving deeper into the operational processes that support capital markets. Much of the attention around AI in finance has focused on trading, investment research and customer-facing applications, but another shift is taking place behind the trade....

Singapore will deploy S$220 million ($172.83 million) over three years to strengthen its fintech ecosystem and support fintech innovation and technology adoption across the financial sector. The commitment comes under the fourth edition of the Financial Sector Technology and Innovation...

Vanguard has entered into a definitive agreement to acquire Altruist, an AI-forward wealth technology and custody platform that serves independent financial advisers. The Altruist Acquisition represents a significant move by Vanguard to deepen its presence across the adviser technology...

Blue Owl-managed funds have led $2.4 billion in AI Factory Financing for IREN, providing capital for the purchase of NVIDIA Accelerated Computing Infrastructure for the Mackenzie data centre campus in British Columbia, Canada. The AI Factory Financing consists of a...