Tootfinder

How OpenAI Uses Complex and Circular Deals to Fuel Its Multibillion-Dollar Rise.
#AI #finance #nyt

How OpenAI Uses Complex and Circular Deals to Fuel Its Multibillion-Dollar Rise
Here are seven unusual financial agreements helping to drive the ambitions of the poster child of the A.I. revolution.

"No major banks have yet committed to stop funding new oil, gas and coal, research finds"
#Banks #Finance #FossilFuels

🤦🏿‍♂️ Banks' efforts to curb money laundering fail abysmally, says criminologist
#finance

Banks' efforts to curb money laundering fail abysmally, says criminologist
Two summers ago, Alida, a retiree from Western Maryland, was buying groceries when her card was declined. On the phone, a bank official explained that $10,000 had suspiciously been deposited into her account under her name, and that it was being closed as a result, she recalled.

"Banking alliance aimed at limiting fossil fuel investments collapses"
#Banks #Finance #FossilFuels

Banking alliance aimed at limiting fossil fuel investments collapses
A coalition formed to align the international banking sector’s investments with global climate goals has disbanded nearly four years after it was launched. Set up in 2021, the Net-Zero Banking Alliance (NZBA) was a U.N.-sponsored initiative to shift bank financing away from fossil fuels — the biggest source of climate changing greenhouse gases — and […]

"Report links world’s top banks to social & environmental harms from mining"
#Banks #Finance #Environment

Report links world’s top banks to social & environmental harms from mining
A new Forests and Finance Coalition report finds top financial institutions, including JPMorgan Chase, Bank of America and BlackRock, support mining companies linked to deforestation, land-grabs, contamination and Indigenous rights violations. According to the report, from 2016-24, major banks provided $493 billion in loans and underwriting to mining companies, including Glencore, Rio Tinto and Vale. […]

I'm tired of winning so much.
#finance #trumpregime

The financial AI bubble. It will pop at some time but don't make the mistake thinking that the technology will dissappear or the impact it will have on society (besides the destruction of the bubble bursting).
#AI #bubble

"Banking industry’s net zero alliance shuts down amid faltering climate commitments"
#NetZero #Finance #Banking

⏰ London Stock Exchange considers 24-hour trading to stimulate market
https://www.theguardian.com/business/2025/jul/21/london-stock-exchange-24-hour-trading-boost-market

"Big-name banks slammed for supporting oil and gas expansion in Amazon rainforest"
#Rainforests #Banks #Finance #Money

"Most Brits want pensions invested in renewable energy – even Reform UK voters"
#UK #UnitedKingdom #Finance #Money

"UBS quits Net Zero Banking Alliance amid broader ESG pullback"
#Banks #Finance #Money #NetZero

"New Lloyd’s boss signals shift on insuring fossil fuels"
#Lloys #Finance #Climate #ClimateChange

"Barclays becomes latest firm to exit Net-Zero Banking Alliance"
#Barclays #Finance #Money #NetZero

"UK banks jointly support green building innovations including ‘heat batteries’"
#UK #UnitedKingdom #Banks #Finance