AI Research
Metropolitan Commercial Bank Appoints Ali Abedini as its first Chief Artificial Intelligence Officer
Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank headquartered in New York City is excited to announce the appointment of Ali Abedini as its first Chief Artificial Intelligence Officer, a move that reinforces the Bank’s commitment to investing in technology to deliver continued financial excellence and innovation.
Ali joins Metropolitan Commercial Bank with over two decades of experience in advanced analytics, machine learning, and responsible AI in highly regulated financial services. The newly appointed Chief Artificial Intelligence Officer will collaborate with cross-functional teams to integrate AI and advanced data capabilities into the Bank’s core financial and operational systems.
“We recognize the critical importance of growing our team to lead the development and implementation of cutting-edge technologies to better serve our clients,” said Mark R. DeFazio, Founder, President and CEO at Metropolitan Commercial Bank. “Mr. Abedini’s background and experience will be instrumental in achieving our strategic growth.”
Prior to joining MCB, Ali Abedini served as Executive Head of Advanced Analytics & AI at TD Bank. Throughout his career, he has spearheaded AI and data-driven initiatives, with a strong focus on personalization and intelligent automation to drive business outcomes.
“I’m honored to join Metropolitan Commercial Bank as its first Chief AI Officer at such a pivotal moment. This organization has developed a well-thought-out growth plan that will benefit from integrating AI into its systems,” commented Ali Abedini, Chief Artificial Intelligence Officer. “I’m also excited to work directly with Mark DeFazio, a founder-CEO who brings a rare combination of entrepreneurial mindset and institutional leadership.”
In addition to elevating Metropolitan Commercial Bank’s client experience, the Chief Artificial Intelligence Officer role is strategically designed to strengthen the Bank’s capacity to deliver tailored banking solutions to both clients and partners .
About Metropolitan Commercial Bank
Metropolitan Commercial Bank (the “Bank”) is a New York City based full-service commercial bank. The Bank provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities.
Metropolitan Commercial Bank provides specialized banking services for the EB-5 and E-2 communities. The Bank combines deep industry expertise with tailored financial products to ensure a smooth, secure and efficient journey from initial investment to project completion.
Metropolitan Commercial Bank was named one of Newsweek’s Best Regional Banks in 2024 and 2025. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2024 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 29, 2025. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.
Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City, and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”).
To learn more about the Bank visit: mcbankny.com
Forward-Looking Statement Disclaimer
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include but are not limited to the Company’s future financial condition and capital ratios, results of operations and the Company’s outlook, business, share repurchases under the program, and dividend payments. Forward-looking statements are not historical facts. Such statements may be identified by the use of such words as “may,” “believe,” “expect,” “anticipate,” “plan,” “continue” or similar terminology. These statements relate to future events or our future financial performance and involve risks and uncertainties that are difficult to predict and are generally beyond our control and may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we caution you not to place undue reliance on these forward-looking statements. Factors which may cause our forward-looking statements to be materially inaccurate include, but are not limited to the following: the interest rate policies of the Federal Reserve and other regulatory bodies; an unexpected deterioration in the performance of our loan or securities portfolios; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; unexpected increases in our expenses; different than anticipated growth and our ability to manage our growth; global pandemics, or localized epidemics, could adversely affect the Company’s financial condition and results of operations; potential recessionary conditions, including the related effects on our borrowers and on our financial condition and results of operations; an unanticipated loss of key personnel or existing clients, or an inability to attract key employees; increases in competitive pressures among financial institutions or from non-financial institutions which may result in unanticipated changes in our loan or deposit rates; unanticipated increases in FDIC insurance premiums or future assessments; legislative, tax or regulatory changes or actions, which may adversely affect the Company’s business; impacts related to or resulting from regional and community bank failures and stresses to regional banks; changes in deposit flows, funding sources or loan demand, which may adversely affect the Company’s business; changes in accounting principles, policies or guidelines may cause the Company’s financial condition or results of operation to be reported or perceived differently; general economic conditions, including unemployment rates, either nationally or locally in some or all of the areas in which the Company does business, or conditions in the securities markets or the banking industry being less favorable than currently anticipated; inflation, which may lead to higher operating costs; declines in real estate values in the Company’s market area, which may adversely affect our loan production; an unexpected adverse financial, regulatory, legal or bankruptcy event experienced by our non-bank financial service clients; system failures or cybersecurity breaches of our information technology infrastructure and/or confidential information or those of the Company’s third-party service providers or those of our non-bank financial service clients for which we provide global payments infrastructure; emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action, damage our reputation or otherwise materially harm our business or clients; failure to maintain current technologies or technological changes that may be more difficult or expensive to implement than anticipated, and failure to successfully implement future information technology enhancements; the costs, including the possible incurrence of fines, penalties, or other negative effects (including reputational harm) of any adverse judicial, administrative, or arbitral rulings or proceedings, regulatory enforcement actions, or other legal actions to which we or any of our subsidiaries are a party, and which may adversely affect our results; the current or anticipated impact of military conflict, terrorism or other geopolitical events; the successful implementation or consummation of new business initiatives, which may be more difficult or expensive than anticipated; the timely and efficient development of new products and services offered by the Company or its strategic partners, as well as risks (including reputational and litigation) attendant thereto, and the perceived overall value and acceptance of these products and services by clients; changes in consumer spending, borrowing or savings habits; the risks associated with adverse changes to credit quality; an unexpected failure to successfully manage our credit risk and the sufficiency of our allowance for credit losses; credit and other risks from borrower and depositor concentrations (e.g., by geographic area and by industry); difficulties associated with achieving or predicting expected future financial results; and the potential impact on the Company’s operations and clients resulting from natural or man-made disasters, wars, acts of terrorism, cyberattacks and pandemics, as well as those discussed under the heading “Risk Factors” in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q which have been filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. Forward-looking statements speak only as of the date of this release. We do not undertake (and expressly disclaim) any obligation to update or revise any forward-looking statement, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250804576121/en/
When the United States Justice Department first sued to break up Google alleging that it illegally monopolized online search in October 2020, there was little indication that one of the biggest factors in the case would be the rapid rise of a nascent technology.
On Tuesday, US District Court Judge Amit P. Mehta ordered Google to stop using exclusive agreements with third-parties to distribute its search engine, but stopped short of forcing the company to cease such payments altogether or to spin off its Chrome web browser.
The decision over legal remedies in the case deals a significant blow to US antitrust enforcers after securing a historic ruling declaring that Google maintained an illegal monopoly last year.
Notably, Mehta’s 226-page liability decision heavily emphasized the role that the ascendance of artificial intelligence, particularly generative AI (or “GenAI”) products like OpenAI’s ChatGPT, played in his assessment of the case.
“The emergence of GenAI changed the course of this case,” Mehta wrote in his 226-page ruling.
Tech Policy Press reviewed Mehta’s mentions of AI tools and companies and his characterization of Google’s position in this emerging market to see how his assessment of the technology impacted his deliberations. Here’s what we found:
A blip during liability discussion, a major talking point over remedies
Google’s competitive position in the booming yet still emerging AI market featured prominently in Mehta’s decision Tuesday, a contrast with his earlier ruling finding that Google monopolized online search. As CNBC reported, “OpenAI’s name comes up 30 times, Anthropic is named six times and Perplexity shows up in 24 instances. …ChatGPT was named 28 times in Tuesday’s filing.” Aside from OpenAI, the companies had not yet been founded when the case was filed.
Additionally, “AI” and “artificial intelligence” were mentioned 116 times combined, generative “artificial intelligence,” “generative AI” and “GenAI” were referenced 220 times, and “large language models” and “LLM” were mentioned 82 times, according to our review.
By contrast, Mehta barely made reference to AI’s rise in his decision declaring Google a monopoly last year. In that 286-page decision, Mehta mentioned ChatGPT only twice, and OpenAI, Perplexity and Anthropic not at all. “Generative artificial intelligence” was mentioned seven times, while “generative AI” and “GenAI” were not referenced at all, and “large language model” and “LLM” were referenced only a dozen times.
Mehta himself alluded to this discrepancy, noting that the tools played a far bigger role in the latter remedies phase of the trial than the earlier liability phase. While no AI competitors have yet to make gains on Google, Mehta wrote, the tools “may yet prove to be game changers.”
No witness at the liability trial testified that GenAI products posed a near-term threat to GSEs [general search engines]. The very first witness at the remedies hearing, by contrast, placed GenAI front and center as a nascent competitive threat. These remedies proceedings thus have been as much about promoting competition among GSEs as ensuring that Google’s dominance in search does not carry over into the GenAI space.
Projecting AI’s path in search
Mehta lamented that the case required the court to “gaze into a crystal ball and look to the future,” which he said was not “exactly a judge’s forte.” But he sought to do just that and paint a picture of how AI tools are now and could soon intersect with Google’s grip over search.
Mehta wrote that “tens of millions of people use GenAI chatbots, like ChatGPT, Perplexity, and Claude, to gather information that they previously sought through internet search,” and that experts expect generative AI tools to increasingly perform like search engines.
“Like a GSE, consumers can interact with AI chatbots by entering information seeking queries. … Thus, chatbots perform an information-retrieval function like that performed by GSEs,” he wrote, though he noted chatbots can also perform distinct functions, like generating images.
Their aim, he wrote, is to “transform chatbots into a kind of “[s]uper [a]ssistant” able to perform “‘any task’” asked by a user. “Search is a necessary component of this product vision,” he concluded.
Mehta also considered current evidence that the tools are already factoring into the online search landscape. While he noted that Google may now be using its own AI tools to strengthen its dominance over search, a key concern for US authorities, he also wrote that “GenAI products may be having some impact on GSE usage,” and that competitors are also looking to use AI tools to onboard users onto their products as “access points” for search queries. Mehta alludes to the vision shared by AI firms that one such access point may eventually be a “super assistant” that “would be able to help perform ‘any task’ requested by the user.”
A “highly competitive” AI market
In his discussion of the current generative AI market, Mehta described it as “highly competitive” with “numerous new market entrants” in recent years, including the Chinese firm DeepSeek and Elon Musk’s Grok, and wrote that Google is not exactly in pole position to dominate it.
“There is constant jockeying for a lead in quality among GenAI products and models … Today, Google’s models do not have a distinct advantage over others in factuality or other technical benchmarks.”
He listed Anthropic, Meta, Microsoft, OpenAI, Perplexity, xAI, and DuckDuckGo as other participants in the market, and noted that they “have access to a lot of capital” to compete.
Mehta also wrote that generative AI companies have “had some success” in striking their own distribution agreements with device manufacturers to place their products, including partnerships between OpenAI and Microsoft and Perplexity with Motorola.
This section echoed many of the points Google made in its defense. Last year, the company wrote in a blog post about the case that the court was evaluating a “highly dynamic” market. “Since the trial ended over a year ago, AI has already rapidly reshaped the industry, with new entrants and new ways of finding information, making it even more competitive,” Google wrote.
The company has said it plans to appeal the initial liability ruling finding that it maintained an illegal monopoly, while in a statement released following the decision DOJ leaders appeared to suggest they may appeal the remedies Mehta doled out this week.
Some solace for US enforcers
While Mehta’s decision was far less sweeping than US antitrust enforcers had hoped for, his remedies will impact Google’s relationship with its budding AI rivals.
Mehta ordered Google to cease exclusive distribution agreements and share some of the data it uses to power its search business, including with companies in the AI space.
Because their functionality only partially overlaps, GenAI chatbots have not eliminated the need for GSEs. … Nevertheless, the capacity “to fulfill a broad array of informational needs” constitutes a defining feature of both products, as Google implicitly acknowledges. … And it is that capacity that renders GenAI a potential threat to Google’s dominance in the market for general search services.
But Google’s seeming inability to significantly leverage its dominance in search to quickly boost its AI offerings appeared to be a major sticking point for Mehta in weighing tougher sanctions.
The evidence did not show, for instance, that Google’s GenAI product responses are superior to other GenAI offerings due to Google’s access to more user-interaction data. If anything, the evidence established otherwise: The GenAI product space is highly competitive, and Google’s Gemini app, for instance, does not have a distinct advantage over chatbots in factuality and other technical benchmarks.
Mehta did leave the door open that if the situation changes, the court could intervene more substantially. Market “realities give the court hope that Google will not simply outbid competitors for distribution if superior products emerge,” Mehta wrote. “The court is thus prepared to revisit a payment ban (or a lesser remedy) if competition is not substantially restored through the remedies the court does impose.” Presumably that determination would be informed by the work of the Technical Committee established by the court, which is set to function throughout the six-year term of the judgment.
The National Science Foundation plans to award up to $35 million to establish an operations center for its National AI Research Resource, signaling a step toward the pilot becoming a more permanent program.
Despite bipartisan support for the NAIRR, Congress has yet to authorize a full-scale version of the resource designed to democratize access to tools needed for AI research. The newly announced solicitation indicates the project is taking steps to scale the project absent additional support.
“The NAIRR Operating Center solicitation marks a key step in the transition from the NAIRR Pilot to building a sustainable and scalable NAIRR program,” Katie Antypas, who leads NSF’s Office of Advanced Cyberinfrastructure, said in a statement included in the announcement.
She added that NSF looks forward to collaborating with partners in the private sector and other agencies, “whose contributions have been critical in demonstrating the innovation and scientific impact that comes when critical AI resources are made accessible to research and education communities across the country.”
The NAIRR began as a pilot in January 2024 as a resource for researchers to access computational data, AI models, software, and other tools that are needed for AI research. Since then, the public-private partnership pilot has supported over 490 projects in 49 states and Washington, per its website, and is supported by contributions from 14 federal agencies and 28 private sector partners.
As the pilot has moved forward, lawmakers have attempted to advance bipartisan legislation that would codify the NAIRR, but those bills have not passed. Previous statements from science and tech officials during the Biden administration made the case that formalization would be important as establishing NAIRR fully was expected to take a significant amount of funding.
In response to a FedScoop question about funding for the center, an NSF spokesperson said it’s covered by the agency’s normal appropriations.
NAIRR has remained a priority even as the Trump administration has sought to make changes to NSF awards, canceling hundreds of grants that were related to things like diversity, equity and inclusion (DEI) and environmental justice. President Donald Trump’s AI Action Plan, for example, included a recommendation for the NAIRR to “build the foundations for a lean and sustainable NAIRR operations capability.”
According to the solicitation, NSF will make an award of a maximum of $35 million for a period of up to five years for the operations center project. That award will be made to a single organization. That awardee would ultimately be responsible for establishing a “community-based organization,” including tasks such as establishing the operation framework, working with stakeholders, and coordinating with the current pilot project functions.
The awardee would also be eligible to expand their responsibilities and duties at a later date, depending on factors such as NAIRR’s priorities, the awardee’s performance and funding.
AI Research
Top AI Code Generation Tools of 2025 Revealed in Info-Tech Research Group’s Emotional Footprint Report
The recently published 2025 AI Code Generation Emotional Footprint report from Info-Tech Research Group highlights the top AI code generation solutions that help organizations streamline development and support innovation. The report’s insights are based on feedback from users on the global IT research and advisory firm’s SoftwareReviews platform.
TORONTO, Sept. 3, 2025 /PRNewswire/ – Info-Tech Research Group has published its 2025 AI Code Generation Emotional Footprint report, identifying the top-performing solutions in the market. Based on data from SoftwareReviews, a division of the global IT research and advisory firm, the newly published report highlights the five champions in AI-powered code generation tools.
Info-Tech Research Group’s 2025 AI Code Generation Emotional Footprint report identifies leading solutions that enable organizations to accelerate development and drive innovation. (CNW Group/Info-Tech Research Group)
AI code generation tools make coding easier by taking care of repetitive tasks. Instead of starting from scratch, developers get ready-made snippets, smoother workflows, and support built right into their IDEs and version control systems. With machine learning and natural language processing behind them, these tools reduce mistakes, speed up projects, and give developers more room to focus on creative problem solving and innovation.
Info-Tech’s Emotional Footprint measures high-level user sentiment. It aggregates emotional response ratings across 25 proactive questions, creating a powerful indicator of overall user feeling toward the vendor and product. The result is the Net Emotional Footprint, or NEF, a composite score that reflects the overall emotional tone of user feedback.
Data from 1,084 end-user reviews on Info-Tech’s SoftwareReviews platform was used to identify the top AI code generation tools for the 2025 Emotional Footprint report. The insights support organizations looking to streamline development, improve code quality, and scale their software delivery capabilities to drive innovation and business growth.
The 2025 AI Code Generation Tools – Champions are as follows:
- Visual Studio IntelliCode, +96 NEF, ranked high for delivering more than promised.
- ChatGPT 5, +94 NEF, ranked high for its effectiveness.
- GitHub Copilot, +94 NEF, ranked high for its transparency.
- Replit AI, +96 NEF, ranked high for its reliability.
- Amazon Q Developer, +94 NEF, ranked high for helping save time.
Analyst Insight:
“Organizations that adopt AI code generation tools gain a significant advantage in software delivery and innovation,” says Thomas Randall, a research director at Info-Tech Research Group. “These tools help developers focus on complex, high-value work, improve code quality, and reduce errors. Teams that delay adoption risk slower projects, lower-quality software, and missed opportunities to innovate and stay competitive.”
User assessments of software categories on SoftwareReviews provide an accurate and detailed view of the constantly changing market. Info-Tech’s reports are informed by the data from users and IT professionals who have intimate experience with the software throughout the procurement, implementation, and maintenance processes.
Read the full report: Best AI Code Generation Tools 2025
For more information about Info-Tech’s SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com.
About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.
Media professionals can register for unrestricted access to research across IT, HR, and software, and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact [email protected].
For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.
About SoftwareReviews
SoftwareReviews is a division of Info-Tech Research Group, a world-class technology research and advisory firm. SoftwareReviews empowers organizations with the best data, insights, and advice to improve the software buying and selling experience.
For buyers, SoftwareReviews’ proven software selection methodologies, customer insights, and technology advisors help maximize success with technology decisions. For providers, the firm helps build more effective marketing, product, and sales processes with expert analysts, how-to research, customer-centric marketing content, and comprehensive analysis of the buyer landscape.
SOURCE Info-Tech Research Group
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