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Vanguard has agreed to acquire Altruist, an AI-forward wealth technology and custody platform for independent financial advisors, the two companies announced on August 26, 2026. The definitive agreement brings one of the fastest-growing registered investment advisor custodians under the ownership of the world’s second-largest asset manager, with terms not disclosed. Altruist will operate as a…
Regulatory Deadlines for AI Keep Slipping, but the Need for AI Accountability Remains For two years, the regulatory conversation around enterprise AI has been organized around deadlines. The EU AI Act’s high-risk provisions were set to take effect on August 2. Colorado’s first-in-the-nation AI law was going to take effect on June 30. Washington was…
For those in the restaurant industry, it seems like AI rollouts have hit a rocky road. In the Spring, Starbucks switched off a computer-vision system for counting inventory before it was a year old. In that same month, Pizza Hut’s biggest franchisees sued the chain for $100 million, claiming a mandatory AI platform broke down…
The clinical-stage generative AI drug discovery company recorded a net profit of $35.54 million and an adjusted net profit of $51.23 million, with positive operating cash flow, in its first interim report since listing on the Hong Kong Stock Exchange at the end of 2025. The results, released August 26, 2026, mark the first time…
Spineart and eCential Robotics received FDA 510(k) clearance on August 26, 2026 for Spineart’s PERLA TL application to run on eCential’s Op.n navigation and robotic-assisted platform, extending a previously navigation-only pairing into robotic-assisted workflows. The clearance covers the PERLA TL Open and MIS pedicle screw systems in both open and minimally invasive spine procedures, the…
Today, anyone with a large enough artificial intelligence model can generate millions of new material designs in minutes. Unfortunately, that hasn’t led to a huge leap in the number of new materials being used to improve the performance of products like computer chips and rockets. One reason for the translation gap is that current models…
Researchers at the Stowers Institute for Medical Research have built an interpretation method that shows, base by base, what a deep-learning model has learned from DNA, and used it to strip a hidden experimental bias out of genomic data. The method, called PISA, is described in a paper published in Nature Communications in August 2026…
Mikhail Yatsuha, CEO and Co-Founder of CaseCraft.AI, is a UK solicitor and legal technology entrepreneur with more than a decade of experience in legal services. He progressed from an intern and trainee solicitor to Partner at Sterling Law, where he led the commercial department and repeatedly encountered viable lower-value disputes that became uneconomic once traditional…
IBM has released Granite 4.2, its first family of dense, decoder-only reasoning language models, in three sizes: 3B, 8B, and 30B parameters. Announced on August 25, 2026 with weights published under the Apache 2.0 license, the release gives every Granite model a switchable thinking mode and sends the two larger sizes through reinforcement learning inside…
Prince Kohli, President and CEO of Sauce Labs, is a veteran technology executive with extensive experience spanning artificial intelligence, enterprise software, cloud computing, automation, networking, and cybersecurity. Before joining Sauce Labs in February 2025, he spent more than six years as Chief Technology Officer of Automation Anywhere, where he helped advance AI-driven automation technologies for…