The AI Talent War Is Heating Up, and Google DeepMind Is Feeling It

Exchange of letters between the Governor and the Chancellor

Canada’s growing global population—and the businesses looking beyond its borders—continue to faces a familiar challenge: moving money internationally remains slower and more costly than consumers expect. Now, Swift and Canada’s leading banks are working toward a better solution. The Royal Bank of Canada (RBC) and TD Bank are the first banks in Canada—and among the…

Small businesses dominate the U.S. economy, and two payments companies are taking steps to ensure they offer relevant services. First, Square added 3% cash back on Square Bill Pay transactions and the ability to pay vendors even if they don’t accept cards. And, with J.P. Morgan Payments’ backing, Dream Payments launched Dream Payouts to help…

Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to surging demand for its AI infrastructure services. “Our near-term capacity remains effectively sold out,” CEO Michael Intrator said on a call with analysts on Tuesday. Coreweave said its revenue backlog—deals that it has not billed…

Space Exploration Technologies (SPCX -6.70%) has officially announced Aug. 4 as the date of its highly anticipated earnings release for the quarter ended June 30. The earnings release and earnings call with Wall Street analysts will provide an updated look at where SpaceX is and where the company could be headed. Here’s why investors should…