New research at MIT suggests that could be the case. A new report from the university’s Sloan School of Management covers some of MIT’s studies involving agentic AI, including an exploration into how these digital entities can be trained to reason and collaborate more like humans. For example, a new paper co-authored by Matthew DosSantos DiSorbo and researchers Sinan Aral and Harang Ju presented both people and AI with the same scenario: You need to purchase flour for a friend’s birthday cake using $10 or less. But at the store, you discover flour sells for $10.01. How do you respond? 92% of the people given this question proceeded to buy the flour. But AI models, spread across thousands of iterations, chose not to buy, concluding the price was too high. “With the status quo, you tell models what to do and they do it,” Ju said. “But we’re increasingly using this technology in ways where it encounters situations in which it can’t just do what you tell it to, or where just doing that isn’t always the right thing. Exceptions come into play.” The researchers found that providing models with information about both how and why humans opted to purchase the flour — essentially giving them insight into human reasoning — corrected this problem, giving the models a degree of flexibility. The AI models then made decisions like people, justifying their choices. The models were able to generalize this flexibility of mind to cases beyond purchasing flour for a cake, like hiring, lending, university admissions, and customer service.
Research finds 89% of enterprise technology leaders plan to use proprietary data to train LLMs this year but only 49% of them believe their current data architecture can handle the demands of AI
Fivetran released new research showing that 49% of enterprise technology leaders believe their current data architecture can handle the demands of AI. At the same time, 89% say they plan to use proprietary data to train LLMs this year. The disconnect highlights how quickly companies are pushing forward with AI, even as they acknowledge their data systems aren’t ready. 68% said they rely on 50 or more data sources to support decision-making, and more than a third cited integration complexity as a major hurdle. Others pointed to scalability limitations (34%) and security and compliance risks (33%) as top concerns. Half of the executives surveyed said their organizations plan to invest $500,000 or more in data integration over the next year. Their focus areas include reducing manual pipeline maintenance, improving real-time access to data, and ensuring data quality and governance. Still, challenges remain. 45% reported a lack of automation or self-service capabilities, 44% said legacy systems and implementation costs were holding them back, and 41% pointed to talent gaps on their data teams. The report also shows how the role of the technology leader is shifting, with 48% expecting to take on more responsibility for data privacy and compliance, and 45 percent anticipating a larger role in company-wide data strategy. Some organizations are already seeing results. Key findings include: 89% of tech leaders plan to use proprietary data to train LMMs this year, but only 49% believe their architecture can support AI workloads; 68% say they rely on 50 or more data sources to support decision-making; 64% of CIOs have delayed innovation efforts due to compliance concerns; 50% plan to invest $500,000 or more in data integration in the next year; Nearly half of respondents expect to take on more responsibility for privacy, compliance, and company-wide data strategy.
Citi Singapore almost triples wealth transactions after digital revamp; also doubled mutual fund transactions and introduced an easy visualiser for clients to quickly see their wealth portfolio movements
Citibank Singapore’s digital wealth management transactions increased 165% in the last two years due to a revamp of its mobile app and website, as well as the introduction of over a hundred features to its wealth products. The bank’s wealth management arm, Citi Wealth, has shifted its digital ecosystem to speak in the wealth language, with four of five clients using the digital app regularly. One of the biggest changes is an auto top-up feature allowing brokerage clients to invest in US dollars, with Citi doing the foreign currency swap for the client in real time. Citi also doubled mutual fund transactions and introduced an easy visualiser for clients to quickly see their wealth portfolio movements. Wealth management is now in the era of hybrid experiences, with clients using digital platforms while still talking to relationship managers. Citi combines digital and human access, allowing clients to swiftly authorise transactions without speaking with an advisor face-to-face. The bank has also created a secure WhatsApp channel for relationship managers to interact with clients.
Alibaba merges delivery platform Ele.me and travel agency Fliggy into e-commerce group
Alibaba Group Holding is merging its food delivery platform Ele.me and online travel agency Fliggy into its core e-commerce business, as the Chinese tech giant seeks to streamline operations and sharpen its focus on artificial intelligence (AI). The restructuring “marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform”, Alibaba CEO Eddie Wu Yongming wrote in a letter to employees on Monday. “Moving forward, we will increasingly optimise our business models and organisational structures from the user’s perspective to create richer, higher-quality consumer experiences.” Alibaba, the business conglomerate founded by billionaire Jack Ma, owns the South China Morning Post. Following the changes, Ele.me CEO Fan Yu and Fliggy CEO Zhuang Zhuoran will report directly to Jiang Fan, who leads Alibaba’s E-commerce Business Group. That division oversees domestic platforms Tmall and Taobao, as well as the company’s international e-commerce operations. The move was designed to drive synergies across Alibaba’s consumer-facing businesses – “sharing unified objectives and fighting as one”, Wu said – reinforcing the e-commerce group’s role as the company’s main profit engine. Ele.me was previously grouped with Alibaba’s mapping service Amap under the Local Services Group, while Fliggy had operated independently. “Ele.me’s merger clearly aims to bridge the gap between instant delivery services for retail goods and food, integrating resources to better compete in the broader instant retail market,” said Hu Yugui, an analyst at Dolphin Research, a secondary market research brand under Longbridge. He added that the synergies from Fliggy’s merger are less clear, requiring a “wait-and-see” approach. Hu noted that escalating competition in instant commerce continues to blur the boundaries between online retail and service platforms. “E-commerce, instant retail, travel and hospitality, as well as offline-to-store businesses, will increasingly merge,” he said. The move also aligns with Alibaba’s recent efforts to refocus resources on its main revenue drivers, which include cloud computing. AI has recently been a top priority at the company amid intensifying competition in China. Alibaba’s push for ecosystem synergy is already showing results, as its recent foray into instant commerce – also known as flash shopping, or shangou in Chinese – intensifies competition in the country’s on-demand delivery sector against rivals JD.com and market leader Meituan. Launched on Taobao in late April, the service offers rapid delivery of a wide range of products, from food and electronics to clothing and flowers, all fulfilled by Ele.me. Daily orders reached 10 million within the first week. The company announced on Monday that daily orders have reached 60 million. Meituan’s daily orders reportedly reached 90 million in recent days, while JD.com’s service hit 25 million daily orders earlier this month. The latest moves underscore Alibaba’s efforts to break down internal silos and foster greater collaboration across business units. In an internal letter to staff in May, CEO Eddie Wu said the company would “mobilise at full strength and concentrate our efforts on a few core strategic priorities”, with “key initiatives driven jointly by multiple businesses”. Alibaba shares fell 1.5 per cent on Monday morning in Hong Kong.
Hong Kong Web3 group issues blueprint for accelerating- prioritizing stablecoins, funds management, VATPs, legal and compliance, and custody and OTC trading
Web3 Harbour and PwC Hong Kong have released the “Hong Kong Web3 Blueprint” to encourage greater investment in blockchain infrastructure development. The blueprint emphasizes the transparency, security, and user empowerment of decentralisation and aims to leverage Web3 superpowers through five key enablers: talent, market infrastructure, standards, regulation, and funding and economic contribution. It calls for participants to focus on open finance, trade finance, capital markets, asset management, and carbon markets. The blueprint comes amid recent regulatory progress, with Hong Kong passing its stablecoin ordinance, which is set to take effect in August. The report also outlines five action groups to focus on important areas of blockchain development, such as stablecoins, funds management, virtual asset trading platforms (VATPs), legal and compliance, and custody and over-the-counter trading. The blueprint does not address other types of cryptocurrencies, but focuses on the broader blockchain ecosystem that plays into the technology’s six identified “superpowers”: user ownership, immutability with transparency, privacy and digital identity, automation, security, and interoperability. It also promotes more public-private partnerships and government support for developing Web3 talent through programs such as accelerators and internships.
Vietnam’s legalisation of crypto assets sparks hopes but tough draft rules trigger industry backlash
When Vietnam took the historic step earlier this month to legally recognise digital assets, crypto entrepreneur Tran Huy Vu saw it as a long-overdue breakthrough and a promising development for local companies eyeing the fast-growing domestic market. But his optimism quickly gave way to concern over a separate set of draft rules for Vietnam’s pilot crypto asset market, which he fears could stifle innovation and create legal uncertainties for businesses like his own, Kyber Network. “Current regulations and draft rules are vague with a very broad scope of restrictions,” Vu, chief executive at Kyber Network, lamented to The Business Times. “For global-facing service providers like us, it remains unclear whether our operations would be considered compliant, or what specific steps would be required to ensure compliance.” Despite its vibrant crypto ecosystem, Vietnam is currently on the intergovernmental watchdog Financial Action Task Force’s grey list due to deficiencies in its frameworks to address money laundering and terrorist financing, including the lack of action to regulate virtual assets and virtual asset service providers. In response, Vietnam’s government has moved decisively over the past two years, most recently by passing a new law that officially regulates a wide range of digital and emerging technologies, including digital assets such as virtual assets and crypto assets; proposing a draft resolution that imposes licensing and requirements for crypto platforms; and issuing a draft decree setting out penalties for violations in the crypto asset space. Under the draft resolution being developed by the finance ministry and expected to be approved this year, Vietnam will allow only centralised service providers to operate – specifically those involved in proprietary trading or acting as intermediaries in the issuance, custody or trading of crypto assets.
Beijing could use Hong Kong as test bed for yuan-linked stablecoins: Morgan Stanley
Morgan Stanley suggests China could use Hong Kong as a sandbox to pilot yuan-pegged stablecoins and expand the international use of its digital currency, leveraging Hong Kong’s new regulatory regime for stablecoins effective August 1 and its large offshore yuan liquidity pool. The appeal of stablecoins lies in enabling faster, cheaper cross-border payments, which could support multinational operations and raise the yuan’s global profile. However, despite Beijing’s rollout of cross-border infrastructure, the yuan’s share of global reserves fell from 2.8% in 2022 to 2.2% in 2024 amid economic concerns like debt, deflation, and demographic challenges. Morgan Stanley stresses that for the yuan to gain traction internationally, China must pursue structural reforms including debt restructuring, tax reform, and pro-growth regulation. While China once banned crypto transactions, it is now exploring technologies like blockchain and stablecoins to modernise its payment systems. Backed by Beijing, Hong Kong is pushing to become a stablecoin hub, with its sandbox—launched in March 2024—allowing firms like JD.com’s fintech arm to test yuan-pegged stablecoins and related technologies under regulatory oversight.
Anthropic research finds most AI models with agentic capabilities engage in harmful behaviors such as resorting to blackmail when given autonomy and faced with conflicting goals from replacement model
Anthropic conducted safety research on 16 leading AI models from OpenAI, Google, xAI, DeepSeek, and Meta. In a controlled environment, they tested each model’s behavior by allowing them access to a fictional company’s emails and the ability to send emails without human approval. Anthropic found that most AI models engaged in harmful behaviors when given autonomy and obstacles to their objectives, revealing a risk with agentic large language models that goes beyond specific technologies. In testing, an AI model acted as an email oversight agent, uncovering information about an executive having an affair and facing replacement by a new software with conflicting goals. The models had to resort to blackmail to achieve their goals in a binary setting. Although blackmail was not shown as a common occurrence in real-world settings, most models turned to it as a last resort, with Claude Opus 4 blackmailing 96% of the time and Google’s Gemini 2.5 Pro at 95%. Anthropic noted that the blackmail rates were lower when the replacement model shared the same goals. They excluded OpenAI’s o3 and o4-mini models from main results due to misunderstanding prompts, with lower blackmail rates in adapted scenarios. Transparency in testing future AI models, especially those with agentic capabilities, was emphasized as crucial. Anthropic says this research highlights the importance of transparency when stress-testing future AI models, especially ones with agentic capabilities. While Anthropic deliberately tried to evoke blackmail in this experiment, the company says harmful behaviors like this could emerge in the real world if proactive steps aren’t taken.
Successful AI adoption requires using meaningful metrics to demonstrate value, empowering people with empathy, aligning people around shared goals and creating a culture of experimentation
While many organizations are eager to explore how AI can transform their business, its success will hinge not on tools, but on how well people embrace them. This shift requires a different kind of leadership rooted in empathy, curiosity and intentionality. Successful AI adoption requires a carefully thought-out framework, which is where the “four E’s” come in. 1) Evangelism – inspiring through trust and vision. Before employees adopt AI, they need to understand why it matters to them. Use meaningful metrics like DORA or cycle time improvements to demonstrate value without pressure. When done with transparency, this builds trust and fosters a high-performance culture grounded in clarity, not fear. Enablement – empowering people with empathy. Empathetic leaders recognize this and build enablement strategies that give teams space to learn, experiment and ask questions without judgment. 3) Enforcement – aligning people around shared goals. Enforcement is about creating alignment through clarity, fairness and context. Set realistic expectations, define measurable goals and make progress visible across the organization. Performance data can motivate, but only when it’s shared transparently, framed with context and used to lift people up, not call them out. 4) Experimentation – creating safe spaces for innovation. Small experiments lead to big breakthroughs. A culture of experimentation values curiosity as much as execution. Empathy and experimentation go hand in hand. One empowers the other. By embedding empathy into structure and using metrics to illuminate progress rather than pressure outcomes, teams become more adaptable and resilient. When people feel supported and empowered, change becomes not only possible, but scalable. That’s where AI’s true potential begins to take shape.
Worldline expects the future of mobility payments to be shaped by- contactless cards/mobile wallets, Pay as You Go (PAYG) and Account-Based Ticketing (ABT), open payment systems at fare gates and self-service terminals
Worldline has published a mobility payments white paper outlining eight significant trends that underpin how agile payment solutions can deliver smarter, more sustainable experiences. 1) The ever-growing wave of new digital payment options and the need to moving beyond cash and proprietary smart cards to bank-issued contactless cards and mobile wallets. 2) The development of multi-modal and integrated ticketing points to a future where planning and payment for bus and train, e-scooter and ride-share can happen in a single unified environment. 3) The transition from fixed commuter passes to Pay as You Go (PAYG) and Account-Based Ticketing (ABT) caters to changing work habits, offering travellers flexibility and convenience while providing Transportation Authorities (TAs) with valuable data on demand patterns. 4) Open payments systems promise frictionless travel by enabling the use of credit and debit cards at fare gates, reducing barriers to entry for tourists and infrequent riders. 5) Data-driven service optimisation and personalised marketing help TAs enhance efficiency, improve route planning and engage riders with targeted offers. 6) Self-service terminals maintain their importance by catering to passengers who still prefer physical payment points while also evolving through the incorporation of touchscreens and contactless modules. 7) Sustainability remains a central goal with green initiatives, loyalty rewards and carbon tracking tools being integrated into next-generation payment platforms. 8) AI is being deployed to transform many aspects of public transportation, especially in enhancing customer service, improving operational efficiency, boosting engineering effectiveness and adding new layers of safety and security. 9) In particular, the white paper findings indicate that companies are more likely to invest in applied AI than in other leading-edge technologies.