Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

UK legislators advocate for stress testing AI in the financial sector.

January 20, 2026

British finance not adequately equipped for AI-related risks: over 75% of companies utilize it, yet no specific regulations exist.

January 20, 2026

Is Coinbase exploring the acquisition of BVNK to enhance its Stablecoin growth?

January 20, 2026

The Philippines emerges as a center for AI and human resources in global finance.

January 20, 2026
Facebook X (Twitter) Instagram
Trending
  • UK legislators advocate for stress testing AI in the financial sector.
  • British finance not adequately equipped for AI-related risks: over 75% of companies utilize it, yet no specific regulations exist.
  • Is Coinbase exploring the acquisition of BVNK to enhance its Stablecoin growth?
  • The Philippines emerges as a center for AI and human resources in global finance.
  • The transition of financial services through credit unions, fintech, and artificial intelligence.
  • Headlines from KUTV covering news, weather, sports, and breaking updates in Salt Lake City
  • The Oracle’s 2026 Insights: Rise of AI, Financial Strains, and Unstable Stock Market Trends – News and Data
  • Land acquisition process continues for the logistics park in Fintech City, Patna News
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Headlines from KUTV covering news, weather, sports, and breaking updates in Salt Lake City

    January 19, 2026

    Kuda Reduces Losses to $5.8 Million as Fintech Concentrates on Achieving Profitability

    January 14, 2026

    Fintech Titan or Overhyped Relic?

    January 7, 2026

    PayPal joins other fintech companies benefiting from Trump-era deregulation.

    December 16, 2025

    Zilch, the fintech unicorn, secures payment license from city regulator.

    December 10, 2025
  • AI

    UK legislators advocate for stress testing AI in the financial sector.

    January 20, 2026

    British finance not adequately equipped for AI-related risks: over 75% of companies utilize it, yet no specific regulations exist.

    January 20, 2026

    The Philippines emerges as a center for AI and human resources in global finance.

    January 20, 2026

    The transition of financial services through credit unions, fintech, and artificial intelligence.

    January 19, 2026

    The Oracle’s 2026 Insights: Rise of AI, Financial Strains, and Unstable Stock Market Trends – News and Data

    January 19, 2026
  • Acquisitions

    CoinGecko is reportedly exploring a sale valued at $500 million.

    January 16, 2026

    Flutterwave acquires Nigerian Mono in a unique exit for African fintech.

    January 6, 2026

    MergersandAcquisitions.net publishes a comprehensive report on trends and analyses in financial services and fintech mergers and acquisitions.

    December 23, 2025

    Teybridge Capital Europe finalizes strategic purchase of London-based fintech company Atom CTO

    November 18, 2025

    Highlights from Santa Cruz County business: local fintech firm’s recent acquisition; startup showcases a surf helmet on Shark Tank

    November 12, 2025
  • Trends

    Trends in Emerging Fintech Technologies Emphasize Wealth Management

    January 8, 2026

    GCC Fintech Landscape: Embracing Open Banking, Nurturing Startups, and Investment Patterns

    January 7, 2026

    eLEND Solutions Introduces Fintech Platform to Simplify Financing and Credit for Dealerships – Pete MacInnis

    January 6, 2026

    Saudi Arabian fintech sector projected to grow to $4.8 billion by 2034

    December 22, 2025

    Swiss Fintech Market 2025 – Key Regions and Recent Updates

    December 15, 2025
  • Insights

    Insights on the Fintech.TV Collaboration with Datavault AI Inc. Stock (DVLT)

    January 17, 2026

    Wealthfront aims for a valuation of as much as $2.05 billion in its U.S. IPO, according to CTV News.

    January 7, 2026

    New UNF collaboration seeks to promote fintech innovation – Action News Jax

    December 27, 2025

    Recent fintech software failures spark industry-wide discussion on system resilience.

    December 22, 2025

    MobileMoney Ltd recognizes leading FinTech partners and industry figures at the 2025 FinTech Stakeholder Dinner and Awards.

    December 11, 2025
  • Rumors

    Is Coinbase exploring the acquisition of BVNK to enhance its Stablecoin growth?

    January 20, 2026

    JD-SW refutes speculation about issuing RMB10 billion in Dim Sum bonds, according to Financial News.

    January 15, 2026

    JD-SW refutes speculation about issuing RMB10 billion in Dim Sum bonds

    January 14, 2026

    JD-SW refutes claims about issuing RMB10 billion in Dim Sum bonds

    January 13, 2026

    C3 AI Explores Sale Following CEO Exits and Other Speculations

    January 12, 2026
  • Startups

    Fintech investment surged by 27% in 2025 despite a decline in the number of deals, with larger funding amounts.

    January 16, 2026

    Leading FinTech Startups in the U.S.

    January 15, 2026

    Alpaca, a fintech startup, achieves the status of the first unicorn founded by Japanese entrepreneurs in the United States.

    January 15, 2026

    Fintech lender Kissht receives SEBI approval for over Rs 1,000 crore IPO; Vertex Ventures and others divest shares.

    January 12, 2026

    Fintech startup Skydo receives final approval from RBI for international payments

    January 9, 2026
  • finjobsly
fintechbits
Home » Top AI industry leaders meet with Biden administration to discuss needs of emerging industry
AI in Finance

Top AI industry leaders meet with Biden administration to discuss needs of emerging industry

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
3603e226d43a7b4bffd99389e3a20755.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

WASHINGTON (AP) — Senior Biden administration officials discussed the future of artificial intelligence Thursday in a meeting with a group of executives from OpenAI, Nvidia, Microsoft and other companies. The focus was on building U.S. data centers and the infrastructure needed to develop the technology.

White House press secretary Karine Jean-Pierre told reporters at the daily press briefing that the meeting was aimed at increasing public-private collaboration, as well as the industry’s workforce and permitting needs. The industry’s computing power will likely depend on reliable access to electricity, which is why utilities Exelon and AES also attended the meeting to discuss the power grid’s needs.

The emergence of artificial intelligence is both promising and dangerous: the automatically generated text, images, audio, and video could help boost economic productivity, but it could also displace some workers. It could also serve as both a national security tool and a threat to protect against.

President Joe Biden signed a Executive decree to address technology developmentseeking to establish protections through measures such as watermarking AI content and to address consumer rights issues.

Present at the meeting for the administration were White House Chief of Staff Jeff Zients, National Economic Council Director Lael Brainard, National Security Advisor Jake Sullivan, Deputy Chief of Staff Bruce Reed, Commerce Secretary Gina Raimondo and Energy Secretary Jennifer Granholm, among others.

Participants included Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, Alphabet President and Chief Investment Officer Ruth Porat, Meta COO Javier Olivan, and Microsoft President and Corporate Vice President Brad Smith.

Matt Garman, CEO of Amazon subsidiary AWS, was also in attendance. The company said in a statement that attendees discussed modernizing the nation’s electric grid, expediting permitting for new projects and ensuring carbon-free energy projects are integrated into the grid.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

UK legislators advocate for stress testing AI in the financial sector.

January 20, 2026

British finance not adequately equipped for AI-related risks: over 75% of companies utilize it, yet no specific regulations exist.

January 20, 2026

The Philippines emerges as a center for AI and human resources in global finance.

January 20, 2026
Leave A Reply Cancel Reply

Latest news

UK legislators advocate for stress testing AI in the financial sector.

January 20, 2026

British finance not adequately equipped for AI-related risks: over 75% of companies utilize it, yet no specific regulations exist.

January 20, 2026

Is Coinbase exploring the acquisition of BVNK to enhance its Stablecoin growth?

January 20, 2026
News
  • AI in Finance (2,007)
  • Breaking News (187)
  • Corporate Acquisitions (77)
  • Industry Trends (229)
  • Jobs Market News (329)
  • Market Insights (229)
  • Market Rumors (299)
  • Regulatory Updates (193)
  • Startup News (1,280)
  • Technology Innovations (201)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,007)
  • Breaking News (187)
  • Corporate Acquisitions (77)
  • Industry Trends (229)
  • Jobs Market News (329)
  • Market Insights (229)
  • Market Rumors (299)
  • Regulatory Updates (193)
  • Startup News (1,280)
  • Technology Innovations (201)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.