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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OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to...

Meet the Magnificent Six: A tour of the stages at Disrupt 2024

TechCrunch Disrupt has always been the ultimate convergence point for all things startup and tech. In the bustling world of innovation, it serves as...

Google I/O was an AI evolution, not a revolution

At Google’s I/O developer conference, the company made its case to developers — and to some extent, consumers — why its bets on AI...

AI-powered regtech Cube acquires global regulatory intelligence enterprises from Thomson Reuters

Acquisition Announcement:Cube, a UK-based regtech firm, has acquired the Regulatory Intelligence and Oden products and businesses of Thomson Reuters. Terms of the...

Anthropic hires Instagram co-founder as head of product

Mike Krieger, one of the co-founders of Instagram and, more recently, the co-founder of personalized news app Artifact (which TechCrunch corporate parent Yahoo recently...

Google announces Gemma 2, a 27B-parameter version of its open model, launching in June

On Tuesday, Google announced a number of new additions to Gemma, its family of open (but not open source) models comparable to Meta’s Llama...

Sona, a frontline workforce management platform, raises $27.5M with eyes on US expansion

Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding.More than two-thirds of the U.S....

Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is

Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising...

Women in AI: Rachel Coldicutt researches how technology impacts society

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused...
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