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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US investment management platform FundGuard bags $100m Series C funding

FundGuard, a New York-headquartered investment management and administration platform, has raised $100 million in a Series C funding round. The funding round was...

Amazon doubles down on Anthropic, completing its planned $4B investment

Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The...

Elon Musk says all Premium subscribers on X will gain access to AI chatbot Grok this week

Following Elon Musk’s xAI’s move to open source its Grok large language model earlier in March, the X owner on Tuesday said that the...

Fireworks.ai open source API puts generative AI in reach of any developer

Just about everyone is trying to get a piece of the generative AI action these days. While the majority of the focus remains on...

Century Health, now with $2M, taps AI to give pharma access to good patient data

Artificial intelligence can find hidden signals in data across healthcare, and companies like Nvidia are leaning into what this can mean. For example, it...

Adobe’s GenStudio brings brand-safe generative AI to marketers

Brands want to use generative AI to personalize their marketing efforts — but they are also deathly afraid of AI going off message and...

Large language models can help home robots recover from errors without human help

There are countless reasons why home robots have found little success post-Roomba. Pricing, practicality, form factor and mapping have all contributed to failure after...

BNY Mellon deploys AI supercomputer from Nvidia

BNY Mellon, a US-based banking heavyweight, has deployed Nvidia’s AI supercomputer, DGX SuperPOD with DGX H100 systems. The deployment was completed ahead of...

Vibrant Planet uses AI for land mapping and improving climate resiliency

As the planet warms due to human-caused climate change, damage from wildfires has increased with it. The amount of forest area burned by wildfires...
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