NET Power: The Agility Needed To Survive Is Evident

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China Merchants Bank combined substantial investment in technology in 2025 with digital services designed for the Greater Bay Area’s cross-border banking needs. It invested RMB12.9 billion ($1.6 billion) in information technology, equivalent to 4.31% of operating income, and deployed 856 AI applications across retail banking, wholesale banking, risk, operations and internal functions. Its two main…

The tax and audit world is in the middle of an artificial intelligence gold rush. But just like the race to tame the West, some outlaw behavior is emerging along the way.  Processing Content According to Thomson Reuters’ latest Future of Professionals report, 81% of tax and audit professionals are now utilizing AI tools at…

The artificial intelligence (AI) hardware race used to look like a two-lane highway: Nvidia (NVDA -0.03%) sold general-purpose graphics processing units (GPUs), while Broadcom (AVGO +0.32%) sold custom silicon, known as XPUs. That story is becoming stale. After Nvidia and Broadcom each reported earnings, it’s becoming increasingly clear that both companies look less like chip…

Key insight: The central bank is embracing the integration of artificial intelligence into payments systems and contemplating rules to address newfound uncertainties and vulnerabilities.  Expert quote: “Meeting this moment requires a proactive approach that balances innovation with the safety, integrity, and stability that underpin trust in payments.” — Federal Reserve Gov. Christopher Waller Forward Look:…