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Slash CEO on Displacing ‘Legacy’ Banks With AI Agents

Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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4 Comments

4 Comments

  1. @plpk

    April 16, 2026 at 4:07 pm

    1:23 BINGO 🎉 AI mention

    Also, this guy is giving me Elizabeth Holmes vibes

  2. @plpk

    April 16, 2026 at 4:09 pm

    2:20 there’s a reason banks still use COBOL and it’s because it’s reliability and trustworthiness. None which you currently get with AI right now especially at the break-neck speed that things are moving. I wouldn’t give this company a dime. This is a failure from the get-go, especially because this individual doesn’t have to maturity to understand things. He just saw AI as an opportunity to sell us snakes oil.

  3. @plpk

    April 16, 2026 at 4:13 pm

    Could you imagine a bug in the AI coded stuff from this company that prevents people to make transactions for two or three days before they fix it? COBOL, for example is still used in servers for banks since the 1980s because the absolute utmost important in any economic system is the ability to not fail when doing transactions, for example.

  4. @Max-hj6nq

    April 16, 2026 at 9:07 pm

    I don’t think this @plpk guy likes the Slash guy

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Bloomberg Technology

Microsoft’s Data Center Plans Face Big Costs

Microsoft plans to more than triple its data center capacity to help overcome a computing shortage that has forced it to turn away some AI and cloud business. Bloomberg’s Brody Ford joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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Microsoft plans to more than triple its data center capacity to help overcome a computing shortage that has forced it to turn away some AI and cloud business. Bloomberg’s Brody Ford joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Balancing AI Risks With the Race to Stay Ahead of China

As debate intensifies over the risks of advanced AI and the rapid expansion of data centers, Eclipse CEO Lior Susan venture argues the industry needs collaboration rather than a retreat to avoid ceding the US’s technological lead over China. He also says the tech industry needs to do a better job explaining the benefits of…

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As debate intensifies over the risks of advanced AI and the rapid expansion of data centers, Eclipse CEO Lior Susan venture argues the industry needs collaboration rather than a retreat to avoid ceding the US’s technological lead over China. He also says the tech industry needs to do a better job explaining the benefits of data centers to local communities and how physical AI could become a major driver of US economic growth. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Oracle’s Cloud Growth; Debate Around AI Risks

Bloomberg’s Ed Ludlow breaks down Oracle’s latest results and how they are helping ease concerns around the company’s massive AI infrastructure buildout. Plus, the debate around AI’s societal risks and the backlash against the global data center build-out grow louder. 00:00:00 – Bloomberg Tech Begins 00:01:04 – Brody Ford, Bloomberg News 00:03:54 – Stefan Slowinski,…

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Bloomberg’s Ed Ludlow breaks down Oracle’s latest results and how they are helping ease concerns around the company’s massive AI infrastructure buildout. Plus, the debate around AI’s societal risks and the backlash against the global data center build-out grow louder.

00:00:00 – Bloomberg Tech Begins
00:01:04 – Brody Ford, Bloomberg News
00:03:54 – Stefan Slowinski, BNP Paribas
00:11:36 – Michael Shepard, Bloomberg News
00:16:01 – Shirin Ghaffary, Bloomberg News
00:19:53 – Chris Welch, Bloomberg News
00:23:04 – Kathryn Rooney Vera, StoneX
00:30:03 – Lior Susan, Eclipse
00:40:25 – Brody Ford, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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