AI

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours of junior bankers.The initiative is part of productivity enhancement efforts.Focus on...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...

Starling Bank Strengthens Services with Agentic AI Money Manager

The new feature aims to enhance personal finance management for customers.Highlights: Starling Bank introduces an AI-powered money manager.Agentic...
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Perplexity now displays results for temperature, currency conversion and simple math, so you don’t have to use Google

Amid ongoing controversy about handling of media articles and original reporting, AI-powered search startup Perplexity now displays results for factual queries such as weather...

Spotify announces an in-house creative agency, tests generative AI voiceover ads

Spotify announced on Thursday that it’s venturing further into the ad space with its first in-house creative agency called Creative Lab, helping brands create...

Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover

It’s WWDC 2024 keynote time! Each year Apple kicks off its Worldwide Developers Conference with a few hours of just straight announcements, like the...

Former Temenos execs found GenAI banking tech start-up, yPilot

yPilot Fintech Start-up Overview Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn. Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...

AlphaSense acquires rival Tegus for $930m, valuation tops $4bn

AlphaSense Acquires Tegus for $930 Million Acquisition Details:Acquisition Value: $930 million. Expected Closure: Q3 2024. Key Assets Acquired: Tegus’ research platform, financial data, and...

After the Yahoo News app revamp, Yahoo preps AI summaries on homepage, too

Yahoo’s AI push isn’t over just yet. The company, also TechCrunch’s parent, recently launched AI-powered features for Yahoo Mail, including its own take on...

Helen Toner worries ‘not super functional’ Congress will flub AI policy

Helen Toner, a former OpenAI board member and the director of strategy at Georgetown’s Center for Security and Emerging Technology, is worried Congress might...

NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM

NatWest Launching AI-Powered Virtual Assistant Cora+Introduction:NatWest is launching a generative AI-powered virtual assistant, Cora+, developed with IBM’s Watsonx.Features:Integrates information from...

Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power...
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