Your Next Banker
3-minute read.
In today's newsletter:
- Your next banker might be AI
- Legal AI startups are buying everything
- Nvidia gives Murati power equal to 1 million homes
- Google finally closes $32B Wiz deal
Your Next Banker Might Be AI
Banks are starting to deploy AI agents, software that can analyze financial data, make decisions, and complete tasks automatically.
JPMorgan Chase, Goldman Sachs, BNY Mellon, and Lloyds Banking Group are already testing them.
JPMorgan built an internal AI assistant called Ask David, while Goldman Sachs is working with Anthropic to automate trade accounting and client checks.
Startups like EnFi and Affiniti are building AI agents for loan reviews, payments, and financial analysis as finance moves toward an agentic AI era.
Legal AI Startups Are Buying Everything
Legal AI startups are starting a wave of acquisitions as competition grows.
Legora recently bought Canadian startup Walter, which builds AI agents that work inside tools lawyers already use like Microsoft Word and Microsoft Outlook. Harvey also acquired startup Hexus to expand its capabilities.
The deals show how fast AI is reshaping legal work. Companies want full AI platforms that help lawyers research cases, review contracts, and draft documents.
Even traditional firms like Thomson Reuters are joining the race after buying legal AI startup Casetext.
Nvidia Gives Murati Power Equal to 1 Million Homes
Nvidia is increasing support for Thinking Machines Lab, the AI startup founded by Mira Murati.
Started in 2025, the company raised about $2 billion and reached a $12 billion valuation, with investors including Andreessen Horowitz, AMD, and Cisco.
The new deal includes at least 1 gigawatt of AI computing power (1 billion watts), about the electricity used by 700,000 to 1 million homes, to run data centers filled with Nvidia AI chips that train AI systems.
The startup recently lost researchers to OpenAI and Meta, but Nvidia’s backing signals continued confidence.
Google Finally Closes $32B Wiz Deal
Google has completed its $32 billion acquisition of cybersecurity startup Wiz, closing the deal in March 2026 after announcing it in 2025.
Wiz makes software that scans cloud systems to find security risks before hackers exploit them.
Google will add Wiz to Google Cloud to strengthen security and compete with Amazon Web Services and Microsoft Azure.
Wiz tools will continue working across multiple cloud platforms.
Disclaimer: This newsletter is for informational purposes only. Details may change or come from third-party sources; always do your own research and consult a qualified professional before making decisions.
