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Manulife expects artificial intelligence initiatives to generate more than $1 billion in value by 2027 as it moves AI agents into internal financial workflows. The shift signals how large financial institutions are pushing beyond experimental AI pilots toward operational automation. The Canadian insurer Manulife is developing an internal runtime platform
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Rhoda AI raised $450 million at a $1.7 billion valuation. The round backs a bet that internet video can train robots for factory work when conditions shift, a gap that has limited most industrial automation. Premji Invest led the financing. At $1.7 billion post-money, the raise ranks Rhoda
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Automation powered by agentic artificial intelligence (AI) could cut financial process times by up to 40%. The productivity gains are pushing large financial firms to rebuild internal workflows around AI-driven operational systems. SEI has partnered with IBM to modernize its internal operations using AI and automation tools. The project combines
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Mastercard has executed its first live agent-driven payment transaction in Singapore, where an artificial intelligence agent independently completed a consumer purchase. The milestone pushes autonomous commerce beyond pilot environments into real payment infrastructure. The transaction was completed in partnership with DBS Bank and United Overseas Bank (UOB), two of Southeast
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Anthropic has filed a federal lawsuit accusing the U.S. government of unlawfully blacklisting the company after it refused to allow its AI systems to support lethal autonomous weapons or domestic mass surveillance. The dispute could shape how AI firms set safety limits while still working with government agencies. The
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TRON DAO has joined the Agentic AI Foundation as a governing member under the Linux Foundation, positioning the blockchain network inside an emerging effort to standardize infrastructure for autonomous AI agents. The move signals deeper convergence between blockchain settlement systems and machine-driven digital economies. TRON has joined the Agentic AI
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Gradient AI has secured growth capital financing from CIBC Innovation Banking. The funding highlights rising institutional confidence in artificial intelligence systems designed to automate insurance underwriting and claims analysis. The Boston-based company announced the investment on March 3. While financial terms were not disclosed, CIBC Innovation Banking has backed more
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City Union Bank has launched a dedicated artificial intelligence development center focused on banking operations. The initiative reflects a growing push among financial institutions to test machine learning systems directly on real transaction data and regulatory workflows. The India-based lender disclosed the project in a recent stock exchange filing. The
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Agentic payments on x402 moved $24 million in 30 days. That is tiny beside a global e-commerce market expected to reach $6.88 trillion this year, yet stablecoin firms are treating it as a preview. Circle and Stripe are building payment rails for agents today. A Citrini Research scenario about
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Anthropic is launching an enterprise marketplace with a 0% commission. The shift turns Claude from a model contract into a software checkout lane, as defense-linked work faces fresh uncertainty. By bundling partner apps into Anthropic billing, the company is trying to keep annual commitments sticky and reduce procurement friction for
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JPMorgan Chase expects technology spending to reach about $19.8 billion by 2026. A growing share of that budget is directed toward artificial intelligence systems embedded across core banking operations. The spending plan reflects a steady increase in the bank’s technology investment. Reports cited by Business Insider indicate that
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An artificial intelligence system has executed a payment inside a live European banking network. The transaction marks the first confirmed case of an AI agent initiating and completing a payment within regulated financial infrastructure. The test signals how banks may integrate autonomous software into payment flows while maintaining regulatory controls.