Charles Schwab and Anthropic are bringing Claude AI to more than 16,000 independent registered investment advisors through Schwab Advisor Services. The tool integrates with advisor systems like CRM, custody and portfolio reporting to help with meeting prep, planning, analytics and client documentation. Advisors retain final review and decision-making control. The announcement came at the FutureProof Festival in Huntington Beach, California.
A separate report from AssetMark surveyed 400 U.S. financial advisors and found that AI saves them over 200 hours per year. About 85 percent of advisors have already adopted AI tools, and 80 percent expect to deepen their usage in the next 12 months. Notably, 69 percent said they would switch firms if AI capabilities fall behind.
Pipedrive launched Nova, an AI meeting intelligence tool embedded in its CRM platform for small and medium-sized businesses. Available globally from September 16, 2026, Nova handles meeting prep, transcription, summaries and suggested CRM updates at no extra cost. Early testing showed it saves 30 minutes to one hour per sales meeting, addressing the finding that 42 percent of sales professionals spend at least 40 percent of their day on non-revenue tasks.
Salesforce expanded its Missionforce AI platform for government agencies through partnerships with OpenAI and NVIDIA. The platform will integrate OpenAI frontier models via Amazon Bedrock and bring NVIDIA models into secure environments. A new Policy Engine uses generative AI to turn policy documents into structured rules, while Operations and Field Operations modules digitize administrative workflows and manage assets.
In hardware investment news, Japanese companies Resonac Holdings and Nitto Denko joined TSMC and ASML in backing a US-based AI hardware fund run by Matter Venture Partners. Silicon Valley venture funding for deep tech hardware has grown from $23 billion in 2020 to $90 billion so far this year. Matter Venture Partners raised $450 million for its second fund targeting early-stage hard-tech companies.
Conexiom appointed Cliff Barrett as Chief Product Officer and Ellie Ebrahimi as Chief Marketing Officer to support its AI automation push, including a new product called Conexiom Relay that automates work involving unstructured data like orders and invoices. The company serves over 600 customers and processes more than 1.5 billion line items annually. Meanwhile, Bangladesh launched a free 50-day AI training program for youth aged 18 to 35, running from October 1 to November 30 with 300 hours of instruction.
Key Takeaways
- <ul><li>Charles Schwab and Anthropic bring Claude AI to over 16,000 independent investment advisors through Schwab Advisor Services</li><li>AI saves financial advisors over 200 hours per year, with 85% having adopted AI tools, per AssetMark's 2026 report</li><li>Pipedrive launches Nova AI meeting intelligence tool globally from September 16, 2026, at no extra cost</li><li>Salesforce expands Missionforce with OpenAI and NVIDIA for secure government AI, integrating via Amazon Bedrock</li><li>Japanese firms Resonac and Nitto Denko invest in US AI hardware fund alongside TSMC and ASML</li><li>Silicon Valley hardware VC funding grows from $23 billion in 2020 to $90 billion so far this year</li><li>Conexiom appoints new CPO and CMO to expand AI automation business, including Conexiom Relay product</li><li>Bangladesh offers free 50-day AI training with 300 hours of instruction for youth aged 18 to 35</li><li>BragJack attack can hijack browser AI agents to steal data without bypassing guardrails</li><li>Bank of America analysts see strong growth ahead for chip sector driven by AI server and memory demand</li></ul>
Charles Schwab and Anthropic bring Claude AI to 16,000 investment advisors
Charles Schwab and Anthropic are partnering to offer Claude for Financial Advisors to over 16,000 independent registered investment advisors. The tool connects to existing advisor systems like CRM, custody and portfolio reporting. It helps with meeting prep, planning, analytics and client documentation. Advisors keep final review and decision-making control. Schwab Advisor Services is the first RIA custodian included in the offering.
AI saves advisors 200-plus hours a year, integration becomes key
AssetMark's 2026 Advisor Insights report surveyed 400 U.S. financial advisors and found AI saves them over 200 hours per year. 85 percent of advisors have adopted AI tools, with 80 percent expecting deeper use in the next 12 months. Common uses include meeting notes, performance reports and research summaries. 69 percent of advisors said they would switch firms if AI capabilities lag behind. The report stresses that human judgment stays central to advice and client relationships.
Schwab and Anthropic bring Claude AI to over 16,000 RIAs
Schwab Advisor Services announced at the FutureProof Festival in Huntington Beach, California, that it is working with Anthropic to bring Claude for Financial Advisors to over 16,000 independent RIAs. The tool is built to work alongside advisors' existing technology stacks. It supports meeting prep, portfolio analysis, financial planning and client follow-up. Jon Beatty and Peter Nolan described the partnership as a way to bring AI directly to trusted advisors.
Pipedrive launches Nova AI tool to reduce sales admin work
Pipedrive introduced Nova, an AI meeting intelligence tool built into its CRM platform for small and medium-sized businesses. Nova is available worldwide starting September 16, 2026, at no extra cost. It handles meeting prep, transcription, summaries and suggested CRM updates. A test by Australian company Snug showed the tool saves 30 minutes to one hour per sales meeting. Pipedrive research found 42 percent of sales pros spend at least 40 percent of their day on non-revenue tasks.
Pipedrive launches Nova AI tool to automate sales notes and CRM updates
Pipedrive launched Nova, an AI meeting intelligence tool available globally from September 16, 2026, included in all Pipedrive plans. Nova gathers context from deal histories and emails before meetings, records and transcribes conversations during calls, and drafts summaries and CRM updates afterward. Salespeople review and approve all suggested changes before they are saved. Pipedrive research found 71 percent of professionals spend at least 10 minutes preparing for each customer call, and 47 percent say follow-ups often take over 24 hours.
Japan's Resonac and Nitto Denko invest in US AI hardware fund
Resonac Holdings and Nitto Denko are among Japanese companies investing in a US-based fund focused on chip and AI hardware makers. The fund is run by Matter Venture Partners. It aims to help Japanese firms find partners for collaboration on AI technologies. Other investors in the fund include TSMC and ASML.
Silicon Valley investors return to funding hardware startups
Venture capital investment in deep tech hardware has grown from $23 billion in 2020 to $90 billion so far this year. Matter Venture Partners raised $450 million for its second fund targeting early stage hard-tech companies. Investors in the fund include ASML and Taiwan Semiconductor Manufacturing Company. Hardware now rivals software as the hottest area for Silicon Valley investors.
Bangladesh offers free AI training and daily allowance to youth
The Department of Youth Development in Bangladesh is providing free AI training to young people nationwide. The 50-day course runs from October 1 to November 30 with 300 hours of instruction. Participants aged 18 to 35 with basic computer skills can apply. Selected candidates receive Tk 200 daily travel allowance and meals. Applications for the second batch close on September 23.
Conexiom hires new leaders to expand AI automation business
Conexiom appointed Cliff Barrett as Chief Product Officer and Ellie Ebrahimi as Chief Marketing Officer. The hires support the company's AI push, including its new product called Conexiom Relay. Relay automates work involving unstructured data like orders and invoices. Conexiom serves over 600 customers and processes more than 1.5 billion line items each year. CEO Michel Feaster said the new leaders will help customers scale AI automation.
Elite British universities lack AI teaching in degree courses
A report found that elite British universities are not adequately teaching about AI's impact in the workplace. The study surveyed over 1,000 students, with business and finance students showing the most interest in AI. Students believed more AI instruction would have improved their courses. The report urges universities to update their curricula to better prepare students for the changing job market.
Salesforce expands Missionforce with OpenAI and NVIDIA for secure government AI
Salesforce expanded its Missionforce AI platform for government agencies through partnerships with OpenAI and NVIDIA. The platform will integrate OpenAI frontier models via Amazon Bedrock and bring NVIDIA models into secure environments. A new Policy Engine uses generative AI to turn policy documents into structured rules. Missionforce also includes Operations for digitizing administrative workflows and Field Operations for asset management, all running on secure government infrastructure.
BragJack attack hijacks browser AI agents to steal data
A new attack called BragJack can take over AI assistants built into browsers to access sensitive data and execute harmful actions. Researcher Gal Weizman from Forever Security discovered the flaw. The attack does not require bypassing AI guardrails. It earned more than $20,000 in bug bounties from affected companies.
Jim Cramer says AI slowdown is fake and points to Dell as proof
Jim Cramer said fears of an AI slowdown are overblown. He pointed to Dell, NVIDIA, and Microsoft as examples of AI companies still performing well. He believes AI will continue to grow over the long term. His comments came as the AI space faced a slowdown due to weaker demand and shifting focus.
Bank of America makes bold chip call after AI sell-off
Bank of America analysts said the chip sector still has strong growth ahead. They pointed to rising demand for memory, AI servers, and chip equipment. They also see growing use of 5G technology driving chip demand. The bank recommends investors take a closer look at the semiconductor industry.
Sources
- Charles Schwab And Anthropic Bring Claude AI To More Than 16,000 Independent Registered Investment Advisors
- AI saves advisors 200-plus hours a year, but the real race is integration
- Schwab, Anthropic Bringing Claude AI to 16,000 RIAs
- Pipedrive Launches Nova AI Tool to Cut Sales Admin Work
- Pipedrive Launches Nova AI Meeting Intelligence Tool To Automate Sales Notes And CRM Updates
- Japan's Resonac, Nitto Denko to invest in US fund for AI hardware
- In Silicon Valley, Hardware Is Having a Moment Again
- Free AI training for youth, Tk 200 daily allowance offered
- Conexiom names product & marketing chiefs for AI push
- Degree courses in elite British universities failing to teach impact of AI in workplace report finds
- Salesforce Expands Missionforce With OpenAI And NVIDIA To Bring Secure AI Agents And Models To Government Agencies
- BragJack Attack Can Turn a Browser's Agentic AI Against It
- Jim Cramer Says the AI Slowdown Is Fake. Dell Is His Evidence.
- Bank of America makes bold chip call after AI sell-off
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