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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Canoe Intelligence appoints former CIA analyst Noel Calhoun as new CTO

Canoe Intelligence (CI), a New York-based company, appoints Noel Calhoun as its new Chief Technology Officer (CTO). Canoe Intelligence specializes in providing AI...

Daedalus, which is building precision-manufacturing factories powered by AI, raises $21M

A fledgling startup founded by one of OpenAI’s first engineering hires is looking to “redefine manufacturing,” with AI-powered factories for creating bespoke precision parts. Daedalus,...

China’s generative video race heats up

On Monday, Tencent, the Chinese internet giant known for its video gaming empire and chat app WeChat, unveiled a new version of its open...

Jua raises $16M to build a foundational AI model for the natural world, starting with the weather

Large AI models — the big troves of language, vision and audio data that power generative artificial intelligence services — are shaping up to...

ICYMI fintech funding round-up: Kafene, General Index, Mesh and Netcetera

New York-based fintech Kafene secures a $15 million growth capital commitment from Trinity Capital for its AI-powered lending platform. Kafene's technology claims to...

EU proposes criminalizing AI-generated child sexual abuse and deepfakes

AI-generated imagery and other forms of deepfakes depicting child sexual abuse (CSA) could be criminalized in the European Union under plans to update existing...

AI-generated Biden calls came through shady telecom and Texan front ‘Life Corporation’

Voters in New Hampshire were treated in January to a call purporting to be from President Biden telling them not to vote in the...

Mamoon Hamid and Ilya Fushman of Kleiner Perkins: ‘More than 80%’ of pitches now involve AI

Last week, at a StrictlyVC event in San Francisco, we sat down with Mamoon Hamid and Ilya Fushman, two longtime VCs whose paths first...

To benefit all, diverse voices must take part in leading the growth and regulation of AI

Jorge Calderon Contributor Jorge Calderon is managing director at San Francisco–based Inicio Ventures, an initiative of Hispanics in Philanthropy. Over the last 25 years, I’ve been a...
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