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AI has become the dominant strategic priority for bank CEOs at Goldman Sachs, Citi, Visa, and AIG — driven by autonomous agents, unresolved authorization questions, and Anthropic's 10 new financial agents in May.
Global bank CEOs are sprinting to deploy AI across trading and credit while the FSB and EBA warn of dangerous oversight gaps—and a systemic risk from AI infrastructure lending that few are measuring.
Standard Chartered CEO Bill Winters walked back his lower-value human capital remark after the bank announced 7,800 AI-driven job cuts — but the headcount reduction plan stands.
Augustus, led by CEO Ferdinand Dabitz, is positioning itself as the world's first AI-native clearing bank — built from the ground up on agentic AI, with no legacy infrastructure to retrofit.
Intrinsic CEO Stefan Nusser says conventional factory automation is too expensive and inflexible for most manufacturers — and AI-driven systems configurable by generalists are rewriting the economics.
Freshworks CEO says AI now writes more than half the company's code as the firm lays off 500 employees — one of the clearest admissions of AI-driven headcount reduction in software.
The CEO of PJM Interconnection — which manages electricity for 65 million people across 13 states — says the U.S. grid needs a fundamental structural redesign, not upgrades, to absorb AI-driven data center demand.
Three in four large organizations now have a Chief AI Officer — up from 26% just a year ago. IBM's survey of 2,000 CEOs across 33 countries reveals how fast the C-suite is being restructured for AI.
Runway CEO Cristóbal Valenzuela argues AI video tools should push studios toward 50 lower-cost films instead of one $100M tentpole — but the math runs into Hollywood's real bottleneck: audience attention, not production cost.
Runway CEO Cristóbal Valenzuela argues studios should redirect $100 million blockbuster budgets into 50 AI-assisted films—a portfolio diversification argument that reflects where production cost curves are heading.
Runway's CEO says AI can let studios produce 50 films for the cost of one blockbuster — changing the risk calculus on creative content investment in Hollywood.
Runway CEO Cristóbal Valenzuela argues studios should use AI to make 50 films instead of one $100M blockbuster — a portfolio bet on quantity, diversity, and statistical hits.
A Manhattan federal judge ordered a former CEO to hand over 31 AI chatbot documents to prosecutors in a fraud case — ruling that AI conversations carry no attorney-client privilege.
A 20-year-old suspect was arrested on April 12 after allegedly throwing a Molotov cocktail at OpenAI CEO Sam Altman's $27 million San Francisco home. No injuries were reported.
OpenAI accused Elon Musk of a last-minute 'legal ambush' after he amended his lawsuit to demand the ouster of CEO Sam Altman and up to $134 billion in damages, with trial set for April 27.
NVIDIA announced partnerships with major U.S. manufacturing and robotics companies during National Robotics Week, with CEO Jensen Huang declaring that physical AI has reached its commercial inflection point as manufacturer interest in LLMs doubled to 35%.
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