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’s deals with publishers could spell trouble for rivals

OpenAI’s legal battle with The New York Times over data to train its AI models might still be brewing. But OpenAI’s forging ahead on...

Bank Muamalat signs multi-year partnership with Google Cloud to boost digital transformation

Bank Muamalat of Malaysia is collaborating with Google Cloud to accelerate its digital transformation efforts and provide personalized and inclusive digital Islamic banking...

What is Elon Musk’s Grok chatbot and how does it work?

You might’ve heard of Grok, X’s answer to OpenAI’s ChatGPT. It’s a chatbot and, in that sense, behaves as you’d expect — answering questions...

Google won’t let you use its Gemini AI to answer questions about an upcoming election in your country

If you want to ask Google’s AI chatbot a question about an upcoming election, you will have to do it from a country where...

Deal on EU AI Act gets thumbs up from European Parliament

The European Parliament voted Wednesday to adopt the AI Act, securing the bloc pole-position in setting rules for a broad sweep of artificial intelligence-powered...

DoorDash’s new AI-powered ‘SafeChat+’ tool automatically detects verbal abuse

DoorDash hopes to reduce verbally abusive and inappropriate interactions between consumers and delivery people with its new AI-powered feature that automatically detects offensive language. Dubbed...

Reddit’s planned IPO share price seems high, unless you look at its AI revenue

Reddit’s IPO plans are coming into focus with a new S-1 filing released Monday morning that sets an initial price range for its stock...

Covariant is building ChatGPT for robots

Covariant this week announced the launch of RFM-1 (Robotics Foundation Model 1). Peter Chen, the co-founder and CEO of the UC Berkeley artificial intelligence...

Elon Musk says xAI will open source Grok this week

Elon Musk’s AI startup xAI will open source Grok, its chatbot rivaling ChatGPT, this week, the entrepreneur said, days after suing OpenAI and complaining...
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