Revolut’s trillion-token reckoning signals a new era of AI Economics in FinTech 🤖📊; Sony’s stablecoin gambit to reshape entertainment payments 🪙🎮

FinTech is Eating the World, 2 December

Hey Everyone,

Good morning & happy Tuesday! Today, we’re looking into Revolut, whose recent operational milestone with OpenAI signals a new era of AI Economics in FinTech (what it’s all about & what it indicates about how FinTechs will be using AI in the future + bonus deep dive into Revolut inside), and Sony, which is about to issue a USD stablecoin to reshape entertainment payments (what’s the USP here & why it makes sense + bonus dive into Klarna & recently announced KlarnaUSD & the ultimate list of stables resources inside). So let’s just jump straight into the good stuff 🌶️

Revolut’s trillion-token reckoning signals a new era of AI Economics in FinTech 🤖📊

The news 🗞️ When OpenAI notified Revolut that it had crossed a whopping one trillion tokens processed, the FinTech giant’s Head of AI, Pavel Nesterov, responded with a surprising rebuke.

Rather than celebrating the milestone, Nesterov publicly labeled the achievement a waste on LinkedIn, revealing that Revolut had actually burned through several trillion tokens. His message included a direct call to engineers: help us reduce our dependence on external AI vendors.

Let’s take a quick look at this, see why it matters, and what it tells us about the future of FinTech + AI.