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This Week: Microsoft/CaixaBank, Bloomberg, Cboe/Morningstar & More

A summary of the latest financial technology news.

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Microsoft and CaixaBank launch AI Innovation Laboratory for new solutions

Microsoft and Spanish bank, CaixaBank, have partnered to launch an AI Innovation Laboratory.

Through the AI Innovation Lab, the two companies intend to create solutions based on applications of AI. This will include the development of hybrid work environments in the metaverse, and other virtual environments that could enable interaction between CaixaBank employees and customers.

The new laboratory will allow AI

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‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

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