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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Conversational AI platform Kore.ai raises $150m funding to fuel growth

Kore.ai secures $150 million investment Funding led by FTV Capital, with participation from Nvidia, Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedie Total...

Cloud infrastructure saw its biggest revenue growth ever in Q4

For the last several quarters we’ve seen a lull in the expansion of the cloud infrastructure market, with lower growth numbers than we’ve been...

UK government urged to adopt more positive outlook for LLMs to avoid missing ‘AI goldrush’

The U.K. government is taking too “narrow” a view of AI safety and risks falling behind in the AI gold rush, according to a...

VCs Elad Gil and Sarah Guo on the risks and rewards of funding AI: ‘The biggest threat to us in the short run is...

Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to...

EU’s AI Act passes last big hurdle on the way to adoption

The European Union’s AI Act, a risk-based plan for regulating applications of artificial intelligence, has passed what looks to be the final big hurdle...

Google releases GenAI tools for music creation

As GenAI tools begin to transform the music industry in incredible — and in some cases ethically problematic — ways, Google is ramping up...

Probabl is a new AI company built around popular library scikit-learn

Probabl isn’t your average AI startup, as this new French company is an Inria spin-off company that revolves around an open source data science...

Google’s Bard chatbot gets the Gemini Pro update globally

Google announced today that its Bard chatbot is now powered by the Gemini Pro model globally with support for more than 40 languages, including...

Metronome’s usage-based billing software finds hit in AI as the startup raises $43M in fresh capital

Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA. Existing backers...
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