Resources - Midsouth AFP

Alibaba Overtakes Google and Meta With 3 Billion AI Model Downloads

by Midsou_Admin | August 16, 2026 | Uncategorized | 0 Comments

Open-weight models from China’s Alibaba have reportedly become the world’s top artificial intelligence offerings. The company’s models have seen more than 3 billion downloads worldwide over the last six months, surpassing those of Meta, Google and Alibaba’s Chinese...

Anthropic Touts 14-Fold Jump in Revenue for Would-Be Investors

by Midsou_Admin | August 16, 2026 | Uncategorized | 0 Comments

Anthropic has reportedly shared a substantial jump in quarterly revenue with would-be investors. The artificial intelligence startup saw revenues for the second quarter increase more than 14-fold since the same period in 2025, Bloomberg News reported Friday (Aug. 14),...

OCC Approves Conditional Bank Charter for Trump Family Crypto Company

by Midsou_Admin | August 16, 2026 | Uncategorized | 0 Comments

American regulators have granted a banking license to a President Donald Trump-affiliated cryptocurrency company. The Office for the Comptroller of the Currency (OCC) issued its preliminary conditional approval Friday (Aug. 14) for a national banking charter requested...

White House Convenes Meeting With Crypto and Prediction Market CEOs

by Midsou_Admin | August 16, 2026 | Uncategorized | 0 Comments

Cryptocurrency and prediction market executives are reportedly meeting with Trump administration officials this week. President Donald Trump is expected to attend this gathering scheduled for Wednesday (Aug. 19), according to a report by CoinDesk that cited sources...

Italy’s Cheese Bank Finds Climate Risk Has a Rind

by Midsou_Admin | August 15, 2026 | Uncategorized | 0 Comments

On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor needed collateral. Deep inside climate-controlled warehouses in Emilia-Romagna, hundreds of thousands of wheels of Parmigiano-Reggiano sit on shelves while securing loans from Credito...

Mastercard Offers Brazilian Acquirers 50% Payout and Services in Will Bank Dispute

by Midsou_Admin | August 14, 2026 | Uncategorized | 0 Comments

Mastercard is proposing to pay half the amount demanded by Brazilian merchant acquirers that were impacted by the collapse of Will Financeira, also known as Will Bank, a FinTech tied to the failed Banco Master, Bloomberg reported Friday (Aug. 14), citing unnamed...

Nvidia Uses $500 Billion Financing Initiative to Dispel AI Bubble Fears

by Midsou_Admin | August 14, 2026 | Uncategorized | 0 Comments

Nvidia’s $500 billion artificial intelligence financing initiative that was announced Monday (Aug. 10) aims to assure the company’s investors that there is plenty of financing available to the AI startups and other companies that buy or use the firm’s chips, Bloomberg...

PayPal Discussing Sale to Stripe After Rejecting First Offer

by Midsou_Admin | August 14, 2026 | Uncategorized | 0 Comments

PayPal Holdings is in talks with a group that includes Stripe and Advent International, negotiating to sell itself at a price potentially higher than the one the companies offered in July, The Wall Street Journal (WSJ) reported Friday (Aug. 14), citing unnamed...

Platforms Use Payments Data to Push Deeper Into Merchant Credit

by Midsou_Admin | August 14, 2026 | Uncategorized | 0 Comments

A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Block and PayPal and others already have a financial...

Speed Becomes the Product as OpenAI and Google Sell Faster AI

by Midsou_Admin | August 14, 2026 | Uncategorized | 0 Comments

OpenAI and Google both released faster artificial intelligence models this week. Both put speed at the center of the pitch, and both are starting to treat response time as something businesses will pay for on its own. OpenAI’s new tier is called Ultrafast, and for now...