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...
US start-up Parafin lands $125m warehouse facility from SVB and Trinity Capital
Funding Details:Parafin, an embedded finance fintech, has secured a $125 million warehouse facility from Silicon Valley Bank (SVB) and Trinity Capital.Company...
Langdock raises $3M with General Catalyst to help companies avoid vendor lock-in with LLMs
Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That...
Don’t blame MKBHD for the fate of Humane AI and Fisker
Humane AI raised more than $230 million before it even shipped a product. And when it finally released its Ai Pin — which costs...
Google Cloud to develop quantitative research and genAI capabilities for three new industry takers
Google Cloud's Expansion in Financial Institutions:Google Cloud has extended its technology to three new financial institutions, showcasing a boost for the industry's...
Internet users are getting younger; now the UK is weighing up if AI can help protect them
Artificial intelligence has been in the crosshairs of governments over how it might be misused for fraud, disinformation and other malicious online activity. Now,...
Meta releases Llama 3, claims it’s among the best open models available
Meta has released the latest entry in its Llama series of open generative AI models: Llama 3. Or, more accurately, the company has debuted two...
Boston Dynamics’ Atlas humanoid robot goes electric
Atlas lies motionless in a prone position atop interlocking gym mats. The only soundtrack is the whirring of an electric motor. It’s not quiet,...
Investors are growing increasingly weary of AI
After years of easy money, the AI industry is facing a reckoning.
A new report from Stanford’s Institute for Human-Centered Artificial Intelligence (HAI), which studies...
Generative AI is coming for healthcare, and not everyone’s thrilled
Generative AI, which can create and analyze images, text, audio, videos and more, is increasingly making its way into healthcare, pushed by both Big...

