AI & Finance News — 2026-09-24 (Thu) Morning News

Overview

Meta's Muse AI agent shakes up banking, insurance and travel stocks as Nasdaq hits record high (BBC, CNBC). BlackRock has published multiple papers linking AI agents and stablecoins, and Jamie Dimon has stated that AI investment could reach $1 trillion in 2027 (Yahoo Finance). At the same time, the AI bubble theory and the movement to tighten regulations are running parallel to each other (Investor's Business Daily, Bloomberg).

Bank trends

Bank of America plans to double its AI budget next year (Banking Dive). Goldman Sachs analyzes whether AI investments can further boost corporate profits in the S&P 500 (Goldman Sachs). Creatio has invested $300 million in the ``Bank.AI'' area, and an analysis has emerged that calls for full-fledged agent banking (The Futurum Group). Americas banking regulators have laid out a roadmap for AI supervision for examiners (PYMNTS.com). Another move related to the banking sector was reported that Meta's Muse's AI agent shook banking, insurance, and travel stocks (Los Angeles Times).

Insurance trends

Relation is working on recording expert knowledge for knowledge recall using AI (Insurance Business). YC alumnus insurtech Soteris has launched an AI revenue platform for P&C insurance companies (Beinsure). AI broker launches health insurance for small and medium-sized businesses (insurancenewsnet.com). Although the introduction of AI is progressing in the insurance industry as a whole, it has been pointed out that scaling is an issue (contxto.com). There was also an opinion that AI should not be treated as ``another object to be managed'' (Risk & Insurance).

Trends in asset management and market transactions

BlackRock has published multiple papers showing the potential for AI agents to pay for data and computational resources in stablecoins, positioning AI agents as the next driving force for stablecoin adoption (CoinDesk, Yahoo Finance, altcoinbuzz.io, ambcrypto.com). BlackRock has increased the weight of AI-related products in a review of its model portfolio (Bloomberg.com). Australian Corporate Affairs Authority (ASIC) sets new safeguards for AI trading (Bloomberg.com). Alibaba announced a new AI chip and indicated plans for a larger model (WSJ). CNBC reports that in response to the rise of Meta's Muse, traders are targeting specific securities company stocks as the "next target to hit." Nasdaq hits record high as AI stocks rise (BBC).

Fintech/payment trends

PayPal partners with Meta's Muse AI assistant (American Banker). An analysis has been published asking whether Mastercard's fee model is sustainable amid the expansion of agentic commerce (Yahoo Finance). An analysis of the ``limits of delegation'' that merchants seek from agentic commerce was also reported (Payments Journal). ADA price predictions are reported to be higher due to expectations for AI payments (StreetInsider).

Remarks from key figures and authorities in the financial world

- Jamie Dimon (JPMorgan Chase CEO): Says AI investment could reach $1 trillion by 2027. However, he warned that AI could add a "Little Bit" to inflation (equivalent to about 1% of GDP) (Yahoo Finance). - Ray Dalio: Warned of AI bubble (mentioned in Yahoo Finance's "Sozzi Unleashed"). - Gary Cohn: Comments on the state of AI regulation (mentioned in Yahoo Finance's "Sozzi Unleashed"). *There is no notable movement in the headline regarding individual statements regarding Larry Fink, Jane Fraser, David Solomon, Brian Moynihan, Ted Pick, Ken Griffin, and Paul Atkins (there is a strategy announcement by BlackRock, but there is no mention of Larry Fink's individual statements).

Trends in AI-related stocks and funding

An analytical article has been published (Investor's Business Daily) that argues that the AI bubble will run out of funds. AMD joins the $1 trillion company club as chip and AI stocks rise (Barchart.com). Basecamp raises $140M in Series C and announces AI pipeline of 6 programs (Endpoints News). Physical AI startup Xirang Kaiwu raises seed funding at $500M valuation (app.dealroom.co). An analysis by CryptoRank found that the weight of AI-related stocks in the S&P 500 is greater than investors realize.

Trends in financial regulation and supervision

Lessons from the financial crisis show that self-regulation of AI should not be a substitute for broader regulatory frameworks (The Roosevelt Institute). The UK's FCA says AI and tokenization need to move "faster" to scale (Law360). EU financial regulators plan to prioritize supervision of AI and tokenization from 2027 (finance.biggo.com). Australia's corporate regulator sets new safeguards for AI trading (Bloomberg.com). Americas banking regulators present AI oversight roadmap to examiners (PYMNTS.com). In the fintech field, there has been an argument that AI regulations should be rooted in human rights (International Bar Association).

Integrated analysis: What is happening now

On the market side, as shown by Meta's Muse and Nasdaq's record highs, AI-related expectations are moving the stock prices of banks, insurance, and securities companies in the short term, and CNBC's report suggests that existing financial stocks are starting to be seen as targets for "disruption" by the rise of AI agents. On the asset management side, BlackRock is proposing a new fund circulation structure of AI agents x stable coins (AI agents pay for data and computational resources in stable coins), and if this becomes a reality, there is a possibility that it will connect to the payment and fintech fields (PayPal x Muse, Mastercard's agentic commerce support). Banks and insurance companies share the same pattern of ``investment is progressing, but implementation is difficult'' with expanding AI budgets (Bank of America) and challenges of scaling (insurance industry). On the regulatory front, the FCA, EU, ASIC, and American banking supervisory authorities are moving almost simultaneously to "strengthen the framework for AI supervision," and the EU in particular has indicated a specific date of 2027, indicating that regulators are trying to get ahead of the market frenzy. On the other hand, Jamie Dimon's remarks about AI inflation concerns and the "AI bubble" theory (Investor's Business Daily, Ray Dalio) indicate that there is a deep-rooted sense of caution among important people and experts even as funding continues (raised at high valuations such as Basecamp and Xirang Kaiwu).

Future points of interest

- It is necessary to determine to what extent agentic AI such as Meta's Muse will have an impact on the actual performance of bank, insurance, and securities company stocks, and whether stock price fluctuations reflect the actual situation. - How will the AI agent x stablecoin structure proposed by BlackRock materialize in actual fund flows for payment and asset management? - How the strengthening of AI supervision by national authorities such as the FCA, EU, and ASIC will be institutionalized toward 2027, and the future of international consistency in regulations.