AI
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
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...

