In 2019, Tobi Lütke, the CEO of Shopify, published a blog post arguing that the future of commerce was not about choosing...
Coinbase published its first transparency report in 2021, disclosing the number of government data requests it had received, how many it had...
When Lemonade, the insurance technology company, filed its S-1 for its 2020 IPO, the filing contained something unusual: a section titled “Lemonade’s...
In 2015, Transferwise (now Wise) placed a full-page advertisement in the Financial Times that consisted entirely of data: a table comparing the...
In 2019, Transferwise (now Wise) bought a full-page advertisement in the Financial Times. Instead of a brand message, the ad contained a...
When Patrick Collison published a blog post in 2016 comparing the speed of building permits in San Francisco to construction timelines in...
JPMorgan Chase employs more than 2,000 data scientists and machine learning engineers. The bank’s COO disclosed this figure during an investor presentation...
Klarna processes roughly 2 million transactions per day across 45 markets. In 2024, the Swedish buy-now-pay-later company announced that its AI-powered customer...
In 2012, a team at the University of Toronto entered an image recognition competition and won by a margin that stunned the...
On March 10, 2023, Silicon Valley Bank collapsed in 48 hours. The bank’s risk management models had not flagged the concentration of...
Ant Group’s Alipay processed 118.8 billion transactions in the twelve months ending March 2024. Behind each transaction, multiple AI models ran simultaneously:...
Ramp, the corporate expense management company, announced in early 2024 that its AI system had identified $150 million in duplicate software subscriptions...
In December 2023, Mastercard’s AI fraud detection system blocked a coordinated attack that attempted to process $1.2 million in fraudulent transactions across...
Bank of America’s virtual assistant Erica crossed 2 billion client interactions in October 2024, six years after its launch. In the most...
When Nubank reached 100 million customers in 2024, the Brazilian digital bank disclosed a metric that traditional banks rarely publicise: its customer...
Morgan Stanley’s wealth management division manages $4.5 trillion in client assets. In 2023, the firm deployed an AI assistant built on OpenAI’s...
Square Loans does not ask small business owners to submit financial statements. It does not request tax returns. It does not run...
Lemonade, the insurance company, paid a claim in three seconds. A customer filed a claim through the app, Lemonade’s AI reviewed the...
Ant Group’s credit scoring system, Zhima Credit, evaluates over 3,000 variables per user to determine creditworthiness. The system scores more than a...