Perplexity AI has emerged as a dark horse in the chatbot race- excelling not by pushing raw benchmark scores, but by optimizing for trust and reliability. A recent study by Legal Guardian Digital found Perplexity had the lowest hallucination rate (13%) of any major AI assistant and maintained 100% uptime during testing. By contrast, household names like ChatGPT had much higher error rates (~30%) and lower reliability. To put it simply, when it came to “getting everyday wor

Welcome to the May 2026 Ed. of our Regulatory Newsletter. Regulators worldwide remained focused on managing emerging technology risks and safeguarding stability amid ongoing global uncertainties. Key themes include harnessing artificial intelligence for fraud detection, strengthening supervisory cooperation, and maintaining robust macroprudential settings. Notable developments this month range from Singapore’s industry-wide AI fraud pilot to Australia’s prudential reforms an

Reimagining Everyday Processes with Intelligence We’re at a tipping point where intelligence is no longer the exclusive domain of humans. Large Language Models (LLMs) have exploded in size—from a few million parameters in 2012 to many billions today—and they’re being embedded across everyday business processes. The question: do we still need the same rigid protocols and escalation paths when machines can interpret context and respond dynamically? This shift is massive. Tradit

It seems like every bank and financial institution (FI) is racing to implement AI. From enhancing fraud detection to personalizing customer experiences, the promised benefits are huge. But as someone who is involved in helping banks and FIs make the best use of technology, I'm seeing a disturbing trend: firms are jumping into the deep end without knowing how to swim. A recent MIT report, "The GenAI Divide: State of AI in Business 2025," is an eye-opener. It found that a stagg

Welcome to the May 2026 Ed. of our global AI update. This month, AI clearly moved beyond just new model launches. While GPT-5.5 and other major updates grabbed attention, the bigger story was how companies and governments are now building AI into their everyday systems, work, and decision-making. From cybersecurity and cloud platforms to business operations and software, May showed that AI is becoming a real part of how things run. It’s not just about what AI can do anymore,

Why a record quarter (Q126) does not settle the structural question, and what the decline of Rome can tell us about the trajectory of capital markets Executive Summary The first quarter of 2026 was, by any reasonable measure, an excellent quarter for the Wall Street franchises. JP Morgan posted record market revenue of $11.6 billion, up 20% year on year. Goldman Sachs reported its second-highest quarterly revenue ever, with record equities trading of $5.33 billion and inves

If you’ve been stressing about whether AI could replace your job, you’re definitely not the only one. Across finance, accounting, compliance, insurance, and fintech, people are all trying to figure out the same thing: is AI just here to make work easier, or is it slowly changing who gets hired, what work survives, and which roles may start fading first? If you’ve been wondering where this is all headed, you’re in the right place! And, this IS NOT just about CHATBOTS anymore

Welcome to the April 2026 edition of our Regulatory Newsletter. This month’s global updates reflect continued momentum on technology and governance reforms, as well as measures to bolster financial stability and international coordination. Highlights include the European Banking Authority’s major proposals to simplify banks’ reporting, the UK’s Bank of England updating its bank failure (“resolution”) guides (with new cross-border bail-in tools), and a U.S. FinCEN proposal to

While Spaghetti may be some people’s favourite food, I don’t think anyone would like it on their keyboard. Even worse, it’s probably nobody’s taste for their bank’s business architecture. Nevertheless, even after years of investment in ‘digital transformation’, this seems to be the state of play at many financial institutions around the world. Think this may not be the most important problem to fix, right now? - Here are a few recent UK banking outages and Losses Due to unst

In my ALM work, I often describe gap analysis as equal parts art and science. The science is in the data, the cash flow buckets, and the duration calculations. The art is in understanding how real customers behave when the world changes around them. Stablecoins and tokenized deposits are two of those changes that are quietly rewriting the rules of balance sheet management. As we work through the actual mechanics, a complex set of trade-offs emerges. For corporate treasurers,

Welcome to the April 2026 edition of our global AI update. This month, the AI landscape didn’t just evolve, it scaled at an unprecedented pace. From record-breaking funding rounds to deeper enterprise integrations and national-level infrastructure bets, the focus is clearly shifting toward building long-term AI ecosystems. What stands out is how quickly AI is becoming foundational, not just a tool, but core infrastructure for business, creativity, and even public policy. Big

The Role of Indigenous Languages in Training African-Centric AI Models Introduction Artificial Intelligence (AI) is rapidly reshaping how societies interact with technology, from voice assistants and search engines to automated translation and smart healthcare systems. Yet, as Africa embraces this digital transformation, a critical gap persists: the absence of indigenous African languages in the core of AI systems. Most AI tools today are trained primarily on English, French,

Welcome to the March 2026 edition of our Regulatory Newsletter. This month had quite a few important announcements as regulators worldwide continued to strengthen financial stability and push forward on technology governance. The US came out with the Basel III end-game consultation, the PRA in the UK proposed major reforms to banks’ liquidity stress testing and the BoE eased resolution reporting burdens for smaller banks. Across Asia, Hong Kong regulators expanded a cross-se

W elcome to the March 2026 edition of our global AI update. The period from late February into mid-March saw AI moving from theory into practice. New model releases grabbed headlines (see OpenAI’s GPT-5.4 below), but the bigger story was how AI is being embedded into real-world systems and infrastructure. Tech leaders announced large-scale compute projects, cloud partnerships and enterprise rollouts, while regulators clarified rules for transparency and sovereignty. In shor

The world is entering what many scholars and policymakers describe as the Fourth Industrial Revolution, an era in which artificial intelligence, advanced computing, robotics, and digital platforms will fundamentally reshape economies, societies, and geopolitics. Nations that build the infrastructure and capabilities for artificial intelligence will dominate the industries of the future. Those that fail to do so risk becoming passive consumers of technologies designed and cont

Why this post? Every month seems to bring a new “must-read” AI-governance framework, and many teams freeze—waiting until they’ve read them all. Over the past few weeks I: Completed two ISO 42001 courses (AIQI & BSI) Re-read the NIST AI Risk-Management Framework (AI RMF) Studied BABL AI’s 2023 governance report and, during an Algorithmic Bias Lab Q&A, asked Dr Shea Brown what he would do on Day 1 as Responsible-AI Officer for a company that provides high-risk AI systems in

Welcome to the February 2026 edition of our Regulatory Newsletter. This month regulators globally continued to focus on the safe and responsible integration of technology and on strengthening financial stability frameworks. Key developments include the UAE’s central bank issuing detailed AI guidance to protect consumers, and the Bank of England summarizing industry feedback on AI adoption. In the UK, the Prudential Regulation Authority consulted on reforms to securitization

Welcome to the February 2026 edition of our global AI update. This month feels different. The headlines are still about bigger models and new releases, but the real story is what’s happening behind the scenes. Companies are building serious infrastructure. Enterprises are putting AI directly into planning, marketing, data, and customer systems. Governments are moving from discussions to clear rules. It’s less about experimentation now and more about execution. AI is slowly be

Something big is happening in New Delhi this February. And if you work in tech, business, startups, or even policy, you should be paying attention. The India AI Impact Summit 2026 is not just another tech conference. It is shaping up to be one of the most important global AI gatherings we have seen in years. From February 16 to 20 at Bharat Mandapam , New Delhi will become the center of the AI universe. Let’s break down why this event matters and what it means for the futu

O n the internet, calling someone a bot is usually an insult. On Moltbook, it’s a requirement. Moltbook is a new social platform where artificial intelligence agents post, debate, speculate, argue, and occasionally start religions. Humans are allowed to join, but only as observers. No posting. No commenting. Just watching AI talk to AI. It sounds like satire. It is not. As of early February, Moltbook claims more than 1.5 million AI agents are active on the platform. The site