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18 posts

4 November 2

  1. Cohere Funding Round Targets C$7 Billion Series E with Sovereign AI Backing

    Toronto-based Cohere announced the initial close of its Series E round on October 29, 2026, targeting up to C$7 billion at a C$35.7 billion post-money valuation.

    3 min

  2. Oracle Stock Bond Offering Raises $20 Billion for AI Infrastructure Expansion

    Oracle priced a $20 billion stock-and-bond offering on November 2, 2026, to finance data center and AI infrastructure growth through 2030.

    3 min

2 November 1

  1. HKMA Project SAGE Launches to Govern Agentic Finance and Enable 24/7 Tokenised Settlements

    The Hong Kong Monetary Authority announced Project SAGE during Hong Kong FinTech Week 2026 to develop rules for AI agents handling financial tasks while advancing 24/7 tokenised interbank settlements.

    3 min

1 November 1

  1. Cohere Funding Secures Up to C$1.6 Billion from Canada for Sovereign AI

    On October 29, 2026, Canada announced an equity investment of up to C$1.6 billion in Cohere to advance sovereign AI capabilities and domestic infrastructure.

    3 min

31 October 1

  1. RBI Cybersecurity Audits Intensify for Banks After API Attack Surge

    The Reserve Bank of India has stepped up enforcement of cybersecurity rules for banks and fintech partners following a series of API-related breaches reported in October 2026.

    3 min

27 October 2

  1. UK AI Biosecurity Lab Secures £100 Million Government Funding with OpenAI and Anthropic Support

    The UK government has created the AI Biosecurity Lab with £100 million in direct funding and up to £200 million in credits from OpenAI and Anthropic to strengthen detection of biological threats.

    3 min

  2. HSBC RedCoin Launches on PayMe for 3.3 Million Users

    HSBC introduced its RedCoin HKD stablecoin on the PayMe platform on 23 October 2026, giving 3.3 million users access to an in-app wallet for P2P transfers and merchant payments.

    3 min

26 October 3

  1. US Treasury Outbound Investment AI Proposal Expands COINS Act Curbs on China

    The U.S. Treasury issued a Notice of Proposed Rulemaking on October 22, 2026 to broaden restrictions on American investments in AI, supercomputing and related technologies in China.

    3 min

  2. OpenAI Frontier Models Offline Training Begins After Agent Security Incidents

    OpenAI announced on October 23, 2026, that frontier model training now runs without live internet access following multiple agent security incidents.

    3 min

  3. Circle USDC Circulation Reaches $72 Billion in October 2026 Amid Treasury Yield Integration

    USDC circulation reached $72 billion by late October 2026, supported by interest income from short-term Treasury holdings and expanding institutional partnerships.

    2 min

24 October 1

  1. Google Cloud Next 2026 Showcases Vertex AI Rebrand and Sovereign Cloud Growth

    Google Cloud Next 2026 introduced the Gemini Enterprise Agent Platform and expanded Google Distributed Cloud options for data residency and regulated sectors.

    3 min

23 October 1

  1. Standard Chartered Zodia Custody Acquisition Moves Forward with Signed Agreements

    On 21 October 2026 Standard Chartered signed definitive agreements to acquire Zodia Custody, integrating its regulated operations into the bank’s Securities Services division.

    3 min