Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion
Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors —…
Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst
AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the…
Stocks making the biggest moves midday: Carnival, Nasdaq, Oracle, KeyCorp and more
Check out the companies making the biggest moves midday. Carnival — The stock rallied 12.45% after it was upgraded by…
Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub
LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…
Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate
Goldman Sachs CEO David Solomon said Monday that his bank will disclose markdowns on commercial real estate holdings as the…
Inflation outlook hits two-year low in latest New York Fed survey
Consumers are growing more optimistic that inflation is on the way down, according to a New York Federal Reserve survey…
Stocks making the biggest moves before the bell: Nasdaq, Illumina, Oracle, Carnival and more
Check out the companies making headlines in premarket trading. Nasdaq — The exchange operator’s shares dropped 7.7% following the announcement…
JPMorgan prepared to pay $290 million in settlement with Jeffrey Epstein victims
JPMorgan Chase is prepared to pay $290 million in a settlement with victims of the late sexual predator Jeffrey Epstein,…
Here’s what’s hot — and what’s not — in fintech right now
AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and…
