Nvidia’s reported plan to invest about $30 billion into OpenAI as part of a mega‑round that could exceed $100 billion is not just another funding milestone…
Nvidia’s reported plan to invest about $30 billion into OpenAI as part of a mega‑round that could exceed $100 billion is not just another funding milestone; it is the concentration of enormous systemic risk into a single, still‑unproven AI lab. The problem isn’t that OpenAI “needs more money,” but that its entire model rests on […]
From Compliance Burden to Strategic Advantage
For years, risk and compliance teams have been treated as a cost of doing business. Most institutions are still stitching together risk reports from dozens of systems, reconciling spreadsheets, and rewriting the same disclosures every quarter. In reality, risk management and compliance sit at the core of institutional finance. That model is breaking. The volume […]
Scalata Deep Research Release: What “AI-Native” Financial Analysis Looks Like
With Deep Research, Scalata builds step-by-step research paths, connecting sources, reasoning, and conclusions into a coherent narrative. Most conversations about AI in finance focus on speed. Faster answers, faster summaries, faster dashboards. Most tools still operate at a surface level: They summarize, paraphrase, and answer questions, yet stop short of delivering the structured, source-grounded research […]
How often do you come across a quant expert who is also an artist?
How often do you come across a quant expert who is also an artist? “Art is a way of making a mess.Work is a way of being organized, getting that data clean and ready.” Debbie Goan told me this on our podcast. She advises quant teams by day. Paints by night.Experiments with Generative AI somewhere […]
Shaping Finance with Generative AI: From Banker to Builder
Most FI’s measure AI success completely wrong.
Most FI’s measure AI success completely wrong. The wrong way: – AI partnerships announced– Number of AI pilots launched– Employee satisfaction surveys– Vendor evaluation spreadsheets– Press releases about AI initiatives What actually predicts AI ROI: – Transaction volume processed with the same headcount– Employees who voluntarily use AI tools daily– Loan applications processed per month– […]
Finance has been the biggest IT customer since computers existed.
Finance has been the biggest IT customer since computers existed. Banks outspend Microsoft. They outspend Accenture. They have massive budgets because everything they do is digital and everything digital requires infrastructure. They were the first adopters of mainframes.First adopters of the internet.First adopters of cloud computing.And they will be the first real adopters of generative […]
Two harsh truths about AI adoption
Two harsh truths about AI adoption Those who have seen little to no productivity gains with AI share the same two problems. Problem 1:They spent millions before understanding what they were building. The infrastructure wasn’t ready. The use cases weren’t defined. They bought technology looking for a problem instead of identifying a problem and finding […]
Had a blast on MISMO Mic’d Up MISMO and I’m at the summit today!
Had a blast on MISMO Mic’d Up MISMO and I’m at the summit today! I’m excited to share what Scalata.ai can do for the mortgage industry at 11:45am. Building a platform is only half the job done.– You need to engage in the end users to improve the application– You need to address complex use […]
Jensen Huang said something that should terrify every finance professional who’s sitting this one out.
Jensen Huang said something that should terrify every finance professional who’s sitting this one out. “AI is not going to take your job. But people using AI will kick your ass off.” After 25 years in financial markets, I’ve watched this pattern before. In the late 90s, traders who refused to adapt to electronic markets […]
