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Lilypad Leans Into AI for Coastal Areas with Matta Hire
May 19 2026 // Lilypad, the Sarasota-based, tech-centered property-casualty insurer that acquired Centauri Insurance, has named Rajiv Matta, a holder of patents in the field of machine learning, to harness artificial intelligence to help...
UK’s StanChart to Cut Over 7,000 Jobs, Boost AI to Replace ‘Lower-Value Human Capital’
May 19 2026 // Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace “lower-value human capital” with technology, becoming one of the top names in finance to target headcount...
UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says
May 18 2026 // British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on...
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
May 15 2026 // Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market,...
Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity
May 15 2026 // The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job...
For Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
May 15 2026 // NASHVILLE — The future of property-casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day...
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