financetom
Business
financetom
/
Business
/
Microsoft-Backed OpenAI Reportedly Grants Japanese Banks Access to Latest AI Model for Cybersecurity
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Microsoft-Backed OpenAI Reportedly Grants Japanese Banks Access to Latest AI Model for Cybersecurity
May 29, 2026 3:58 AM

06:21 AM EDT, 05/29/2026 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI has granted some Japanese banks access to its latest artificial intelligence model, GPT-5.5, to defend against cyberattacks, news outlets reported Friday, citing Japanese Finance Minister Satsuki Katayama.

Katayama did not identify the banks, according to Reuters, though Nikkei reported Thursday that Mitsubishi UFJ Financial's ( MUFG ) MUFG Bank unit, Sumitomo Mitsui Financial's ( SMFG ) Sumitomo Mitsui Banking subsidiary, and Mizuho Financial's ( MFG ) Mizuho Bank are expected to gain access.

OpenAI, MUFG Bank, and Mizuho didn't immediately respond to MT Newswires' requests for comment. Efforts to reach Sumitomo Mitsui Banking were unsuccessful.

Microsoft ( MSFT ) has invested billions into generative AI chatbot maker OpenAI.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa Valley’s The District in Largest Inland Empire Industrial Land Sale in Three Years
Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa Valley’s The District in Largest Inland Empire Industrial Land Sale in Three Years
May 7, 2026
Acquisition reinforces BLP’s investment strategy, enabling development of up to a 1.5 million-square-foot, state-of-the-art logistics facility with best-in-class specifications LOS ANGELES--(BUSINESS WIRE)-- Bridge Logistics Properties (“BLP”) announced the acquisition of a ±68-acre fully entitled development site within The District, a 245-acre mixed-use master-planned development in Jurupa Valley, California. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507421194/en/...
Specialized Elevator and Wyatt Elevator Announce Merger
Specialized Elevator and Wyatt Elevator Announce Merger
May 7, 2026
Pennsylvania’s Wyatt Elevator joins largest independent union elevator services company in the U.S. CANTON, Mass. & PHILADELPHIA--(BUSINESS WIRE)-- Specialized Elevator (“Specialized”), a portfolio company of Berkshire Partners, and Wyatt Elevator (“Wyatt”) today announced their merger, expanding the nation’s largest independent, unionized elevator and escalator services company. The addition of Wyatt strengthens Specialized’s existing operations in the greater Philadelphia area. Wyatt,...
US startup Lunar Outpost raises $30 million to speed moon rover development
US startup Lunar Outpost raises $30 million to speed moon rover development
May 7, 2026
* Lunar Outpost, other firms vying for NASA moon rover contract * Company's Pegasus rover designed to sate NASA push for speed * $30 million Series B round to help fund Pegasus development By Joey Roulette WASHINGTON, May 7 (Reuters) - U.S. startup Lunar Outpost closed a $30 million funding round this week that will speed development of a new...
Payward to Acquire Reap to Expand B2B Offering with Global Payments Infrastructure
Payward to Acquire Reap to Expand B2B Offering with Global Payments Infrastructure
May 7, 2026
Acquisition will extend Payward’s globally regulated superinfrastructure into the global cards and payments space CHEYENNE, Wyo.--(BUSINESS WIRE)-- Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire Reap Technologies Holdings Limited (Reap), a leading stablecoin-native, card issuing and payments infrastructure company enabling global money movement, for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved