Nvidia-backed $5B into SSI signals foundation model funding is still wide open — and chips are being used as capital weapons.

A Wiz-sized exit recycled into $2B in fresh funds gives Index outsized conviction capital at a moment most VCs are conserving.

API-native treasury tools are replacing bank relationships for mid-corporates. Banks that don't embed accounting workflows lose the primacy that justified their margins.

Complacency is a retention strategy until it isn't. Fintechs are quietly winning primacy with high-value segments banks assume are loyal.

1B users and 2M businesses on OpenAI signals AI is now infrastructure. Any fintech without an AI integration story is already behind.