Author: Colin Henderson

Progress in era of productivity
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OpenAI seeks $100B in funding at $830B valuation

Colin Henderson

OpenAI is seeking up to $100 billion in new funding that could value the AI startup at as much as $830 billion, a 66% jump from its $500 billion valuation in October, though details remain uncertain and subject to change[wsj +2].• The ambitious fundraising comes as the ChatGPT maker faces mounting competitive pressure from Google and Anthropic, prompting CEO Sam Altman to declare a “code red” in December to refocus resources on improving its core chatbot while postponing other projects[finance.yahoo +2].• Despite leading with over 800 million weekly active users, OpenAI is burning through cash at an unprecedented rate, projecting … Continue reading OpenAI seeks $100B in funding at $830B valuation

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Generative AI in Financial Services: Eight Risks and How to Overcome Them

Colin Henderson

Generative AI in Financial Services: Eight Risks and How to Overcome Them Leading companies can control the chaos of generative AI requests through smart risk segmentation. Maria Teresa Tejada Within most banks, insurers, and other financial services companies, risk and control groups have been overwhelmed with a large and growing volume of requests to deploy generative AI for different use cases. To address this wave of requests, leading companies have found that an effective response is to categorize the risks and work with other departments to develop mitigation strategies for each category. Eight categories of risk Vendor risk, for instance, … Continue reading Generative AI in Financial Services: Eight Risks and How to Overcome Them

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The State of Enterprise AI – OpenAI

Colin Henderson

Open AI have produced this report based on anonymized data from actual usage of ChatGPT. Full report at end of post. Foreword: 01 Enterprise usage is scaling, with deeper workflow integration. ChatGPT messagevolume grew 8x and API reasoning token consumption per organization increased320x year-over-year, demonstrating that more enterprises are using AI and theirintensity of usage has increased. 02 Enterprises that leverage AI are experiencing measurable produc tivity and business impact. Enterprise users report saving 40–60 minutes per day and being able to complete new technical tasks such as data analysis and coding. Case studies indicate AI is contributing to important … Continue reading The State of Enterprise AI – OpenAI

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Major US banks say AI will boost productivity but cut jobs

Colin Henderson

Source perplexity and citations JPMorgan Chase [ -4.68%] and Wells Fargo [ -1.34%] executives said at a Goldman Sachs [ +1.14%] conference on December 9 that AI is driving major productivity gains, with some operations seeing efficiency improvements of 40% to 50%, though they acknowledged workforce reductions are inevitable.[reuters +1]• JPMorgan’s Marianne Lake reported the bank doubled its productivity from 3% to 6% annually through AI, while Wells Fargo CEO Charlie Scharf said generative AI has made engineers 30% to 35% more efficient in writing code, and Wells Fargo’s workforce has already declined from 275,000 in 2019 to just over … Continue reading Major US banks say AI will boost productivity but cut jobs

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Six-person AI startup Poetiq just officially claimed the top spot on the ARC-AGI-2 reasoning

Colin Henderson

POETIQ 🏆 Poetiq tops ARC-AGI-2 with Gemini variant Image source: Poetiq The Rundown: Six-person AI startup Poetiq just officially claimed the top spot on the ARC-AGI-2 reasoning benchmark, beating out Google’s Gemini 3 Deep Think at half the cost by orchestrating existing models over building its own. The details: Why it matters: The ARC-AGI-2 progress from sub-5% to over 50% in just months shows how quickly things are advancing. Poetiq’s refinement shows a future with AI gains coming from two directions at once: frontier model development and clever orchestration built on top of them from teams without massive compute budgets. Continue reading Six-person AI startup Poetiq just officially claimed the top spot on the ARC-AGI-2 reasoning

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Chip industry news 08.12.25

Colin Henderson

The past week has been dominated by AI infrastructure and devices, quantum and chip news, and a wave of medium‑sized startup funding, with a handful of notable gadget launches across phones, audio and PCs.[1][2][3] Big tech and infrastructure AI, security, and policy trends Notable startup funding and deals New gadgets and consumer tech How these trends fit together Sources[1] News Archive | December 2025 – TechRadar https://www.techradar.com/news/archive/2025/12%5B2%5D The Weekly Notable Startup Funding Report: 12/8/25 – AlleyWatch https://alleywatch.com/2025/12/the-weekly-notable-startup-funding-report-12-8-25/%5B3%5D The Best New Gadgets and Hi-Fi Releases of 2025 (Updated) https://www.gearpatrol.com/audio/best-tech-audio-hi-fi-releases-2025-updated-december-week-1/%5B4%5D News Archive | December 2025 – TechRadar https://www.techradar.com/news/archive%5B5%5D The Week’s 10 Biggest … Continue reading Chip industry news 08.12.25

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Nvidia CEO warns China’s infrastructure speed threatens U.S. AI lead

Colin Henderson

Nvidia [-0.53%] CEO Jensen Huang issued a stark warning that China’s ability to rapidly build AI infrastructure could give it a decisive advantage over the United States, even as American companies maintain technological superiority in chip design.Speaking at the Center for Strategic and International Studies in late November, Huang highlighted a dramatic disparity in construction timelines. Building a data center in the United States “from breaking ground to standing up an AI supercomputer is probably about three years,” he said. By contrast, China “can build a hospital in a weekend,” underscoring the speed advantage that could prove critical as AI … Continue reading Nvidia CEO warns China’s infrastructure speed threatens U.S. AI lead

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MI5 espionage alert issued on November 17, 2025

Colin Henderson

The MI5 espionage alert issued on November 17, 2025, is based on intelligence findings that Chinese Ministry of State Security (MSS) officers are actively using recruitment professionals and professional networking platforms to target individuals with access to sensitive UK governmental information.[1] Intelligence Basis and Methodology MI5’s assessment identified specific operational tactics employed by Chinese intelligence services, including the naming of two recruitment professionals—Amanda Qiu, chief executive of BR-YR Executive Search, and Shirly Shen, co-founder of the Internship Union—whom the Security Service determined were being utilized by the MSS to “conduct outreach at scale” on behalf of Chinese intelligence. The intelligence … Continue reading MI5 espionage alert issued on November 17, 2025

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Canada in the running to headquarter new multinational defence bank

Colin Henderson

Canada in the running to headquarter new multinational defence bank PIPPA NORMANPublished November 13 2025, 4:15AM Banks like this don’t come around too often. Most recently, the New Development Bank and Asian Infrastructure Bank were established in 2015 and 2016, respectively. Similar institutions such as the World Bank Group are set up to mobilize capital to address issues affecting multiple countries. In the case of the DSRB, that issue is an increasingly divided world in which countries all over the world are increasing their defence spending.A handful of institutions, including Royal Bank of Canada, JPMorgan Chase & Co., ING Group … Continue reading Canada in the running to headquarter new multinational defence bank