Nvidia's new chip speeds up AI responses
Welcome back to Bonita Banana — the AI newsletter that doesn't take itself too seriously!
Here's what we've got today:
Nvidia is developing a new processor designed to speed up how AI systems respond to users, with a focus on inference computing. The company is expected to reveal the product at its GTC developer conference next month. 96% of financial institutions are actively using AI or planning implementation.
OpenAI is retreating from agentic commerce, and will no longer handle commerce payments, cancellations, refunds, customer complaints, and travel bookings. Instead, ChatGPT will send shoppers to merchant apps when they want to make purchases.
AI has reached a decisive inflection point in financial services, with 96% of financial institutions actively using AI or planning implementation. Finastra's 2026 Financial Services State of the Nation survey makes one thing clear: the industry has moved from experimentation to execution.
Mastercard and Santander's AI Agent Payment Mastercard and Santander have completed Europe's first live AI agent payment, marking a significant milestone in the adoption of AI in financial services. This technology has the potential to revolutionize the way payments are made, making them faster and more secure. Check it out
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— The Bonita Banana Team 🍌