“Uber is extending its agentic AI efforts beyond software engineering by embedding AI-proficient engineers with experts across business functions. Its agentic pods pair roughly 30 engineers with domain experts for a two-week sprint: The team observes the work, identifies high-impact opportunities, builds an agent alongside the employee, validates it with other users, and ships it….
Banks Learn the Art of ‘Tokenomics’ to Make More Efficient Use of AI Tools
“In May, at a Bernstein conference, Bank of America Chairman and CEO Brian Moynihan spoke of the increasing need to manage AI expense. ‘You’re going to start to have the thing they call ‘tokenomics’,’ said Moynihan. ‘The amount of money we spend on this can’t be infinite because it’s got to have value.’ In October,…
AI protocols fuel ‘code red’ at big banks, fintech CEO says
“Socure, for its part, launched a suite of tools last week that detect AI agents, assigns them a trust score and ties agents to verified users authorizing them. It’s designed to help companies determine between bot traffic or consumer-directed agents, Ayers said. ‘We’re in the midst of a bunch of these rollouts with the big banks, who…
The rise of the agentic coworker: A banking guide to the next wave of AI
“‘Human in the loop’ is a core design discipline By now, ‘human in the loop’ has become a checkbox on AI slide decks. But for agentic coworkers in banking, it must be an operating model designed according to risk tier and regulatory materiality (see sidebar ‘Case in point: How a hybrid human–agent workforce operates in…
Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates
“Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.” Read more >>