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warns returns from corporate AI are still hard to measure","url":"https://stock-news.laohu8.com/highlight/detail?id=2661998162","media":"cityam","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661998162?lang=en_us&edition=fundamental","pubTime":"2026-08-21 22:36","pubTimestamp":1787323003,"startTime":"0","endTime":"0","summary":"Nationwide joined Microsoft’s early access programme Nationwide has warned that the financial returns from workplace AI remain difficult to quantify, even as the building society rolls out the technology to around 16,000 staff.Around 1,000 employees across the combined Nationwide and Virgin Money finance team now have premium Microsoft 365 Copilot licences, while some 2,500 engineers are using Github Copilot.Paul Ballard, Nationwide’s technology transformation director, told City AM the building society could see staff using the technology more regularly and completing work faster, but had yet to establish exactly what that meant for its bottom line.he said. “We can see the value, but how does that translate?”Ballard claimed the rollout was aimed at increasing the productivity of Nationwide’s existing workforce rather than reducing headcount.“We very much see this as giving the existing workforce better tools so they produce more output for our customers,” he said.‘Nowhere near’ AI 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Raises $250 Million in Series a with Nvidia Backing","url":"https://stock-news.laohu8.com/highlight/detail?id=2661296428","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661296428?lang=en_us&edition=fundamental","pubTime":"2026-08-21 22:35","pubTimestamp":1787322900,"startTime":"0","endTime":"0","summary":"Starcloud said it raised $250 million in a series A funding round that saw Nvidia join as a new investor, giving the data center-focused startup a $2.3 billion valuation.The round, led by Manhattan West, also saw participation from existing investors including Benchmark and EQT, along with newcomers such as Cisco Investments and Cedar Capital.Starcloud has now raised $450 million since its founding in 2024. The company is working to deploy data centers into space.The backing from Nvidia comes after Starcloud flew the chipmaker's H100 GPU to orbit on its Starcloud-1 satellite in November 2025.The companies are now working together on Nvidia's Space-1 Vera Rubin Module, an AI hardware system built for the extreme conditions in space. Cooling will be performed by large radiators and components must withstand radiation exposure, they 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