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Profile picture of Bloomberg
Wall Street Banks Are Using AI to Rewire the World of Finance: Lenders are experimenting with artificial intelligence. Not even Warren Buffett is sure what ...
bloomberg.com/news/features/2023-05-31/jpmorgan-s-push-into-finance-ai-has-wall-street-rushing-to-catch-up
Wall Street Banks Are Using AI to Rewire the World of Finance
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Profile picture of Bloomberg
Profile picture of Bloomberg
Wall Street Banks Are Using AI to Rewire the World of Finance: Lenders are experimenting with artificial intelligence. Not even Warren Buffett is sure what ...
bloomberg.com/news/features/2023-05-31/jpmorgan-s-push-into-finance-ai-has-wall-street-rushing-to-catch-up
Wall Street Banks Are Using AI to Rewire the World of Finance
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AI could be as consequential to the economy as electricity, says Jamie Dimon: Jamie Dimon believes artificial intelligence will have a huge impact on global ...
cnn.com/2024/04/08/investing/jamie-dimon-shareholder-letter-ai-future/
AI could be as consequential to the economy as electricity ...
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
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Bitcoin price set to drop after the halving, JPMorgan says: "We do not expect bitcoin price increases post halving as it has been already priced in ...
markets.businessinsider.com/news/currencies/bitcoin-halving-price-prediction-miners-crypto-jpmorgan-btc-2024-4
Bitcoin price set to drop after the halving, JPMorgan says
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
  • Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.

  • Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.

  • The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.

  • Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
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Deutsche Bank Has Cut Dozens in Asia Private Banking Overhaul: Deutsche Bank AG trimmed 10 private banking roles in Asia over the past week ...
bloomberg.com/news/articles/2024-04-19/deutsche-bank-has-cut-dozens-in-asia-private-banking-overhaul
Deutsche Bank Has Cut Dozens in Asia Private Banking Overhaul
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US Air Force: Autonomously controlled fighter aircraft conducts first “dogfight”: The US military has been testing AI technology for a long time ...
heise.de/news/US-Luftwaffe-Autonom-gesteuertes-Kampfflugzeug-fuehrt-ersten-Dogfight-9690541.html
US Air Force: Autonomously controlled fighter aircraft conducts first ...
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Elon Musk’s Grok keeps making up fake news based on X users’ jokes: X likely hopes to avoid liability with disclaimer that Grok "can make mistakes."
arstechnica.com/tech-policy/2024/04/elon-musks-grok-keeps-making-up-fake-news-based-on-x-users-jokes/
Elon Musk’s Grok keeps making up fake news based on X users’ jokes
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Voices after SGE victory: “Sixth place is our clear goal”: Eintracht Frankfurt has waited a long time for this victory. The liberation is successful against ...
echo-online.de/sport/fussball/fussball-bundesliga/stimmen-nach-sge-sieg-platz-sechs-ist-unser-klares-ziel-3504494
Voices after SGE victory: “Sixth place is our clear goal”
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Google merges the Android, Chrome, and hardware divisions: Google says the new “Platform and Devices” team will let it move faster.
arstechnica.com/gadgets/2024/04/google-merges-the-android-chrome-and-hardware-divisions/
Google merges the Android, Chrome, and hardware divisions
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Upcoming Windows 11 'AI Explorer' Feature to be Limited to Arm CPUs: This is really going to piss off AMD and Intel.
extremetech.com/computing/upcoming-windows-11-ai-explorer-feature-to-be-limited-to-arm-cpus
Upcoming Windows 11 'AI Explorer' Feature to be Limited to Arm CPUs
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5 Sectors Disrupted by AI as a Service: The ripple effects of artificial intelligence are changing the face of these areas of business.
money.usnews.com/investing/articles/sectors-disrupted-by-ai-as-a-service
5 Sectors Disrupted by AI as a Service
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Tesla stock just hit a new 52-week low after analysts said investors may start 'tossing in the towel'
qz.com/tesla-ev-elon-musk-stock-downgrade-deutsche-analyst-1851419223
Tesla stock just hit a new 52-week low after analysts said investors may ...
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New AI tool can predict when an employee will quit their job: Bosses worried about turnover or wondering how long a new hire will stick around can now turn to AI ...
english.alarabiya.net/business/technology/2024/04/19/new-ai-tool-can-predict-when-an-employee-will-quit-their-job
New AI tool can predict when an employee will quit their job
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JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme' : JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said ...
businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4
JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme'
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Jamie Dimon made $183 million selling JPMorgan stock. Here's how much others have made
qz.com/jamie-dimon-jpmorgan-chase-stock-jeff-bezos-leon-black-1851413941
Jamie Dimon made $183 million selling JPMorgan stock. Here's how much ...
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Maserati Says AI Is a Design Tool, Not a Shortcut to Cool Cars: Artificial intelligence can only reinterpret the past rather than innovate ...
thedrive.com/news/maserati-recognizes-ai-as-a-design-tool-but-not-a-shortcut
Maserati Says AI Is a Design Tool, Not a Shortcut to Cool Cars
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TSMC's first quarter profit rises 9%, beats forecasts: TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales ...
reuters.com/technology/tsmc-set-report-5-rise-first-quarter-profit-strong-ai-chip-demand-2024-04-18/
TSMC's first quarter profit rises 9%, beats forecasts
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Cloud office sit-in strike: Google fires 28 employees after Israel protests: Several Google employees occupy the Google Cloud manager's office in California to ...
n-tv.de/wirtschaft/Google-feuert-28-Mitarbeiter-nach-Israel-Protesten-article24885254.html
Cloud office sit-in strike: Google fires 28 employees after Israel ...
Quick Glance: Google terminates 28 employees after office occupation due to anti-Israel protests
  • Google terminated 28 employees on Thursday who had occupied its offices to protest against contracts with the Israeli government, as confirmed by a Google spokesperson.

  • The protesters were arrested and after refusing to leave the office of Google Cloud CEO Thomas Kurian in Sunnyvale or the workspace in New York City for nearly 10 hours, they were transferred to administrative positions to urge Google to terminate the Project Nimbus contract and cease business with the Israeli government.

  • No Tech For Apartheid, a project by Jewish Voice for Peace and Linda Sarsour’s MPower Change, described the terminations as an "indiscriminate act of mass retaliation."

  • The office occupations at Google were accompanied by demonstrations on-site and in Seattle, aiming to compel Google to withdraw from the project to establish cloud-based data centers and transition a significant portion of the Israeli government's IT infrastructure to cloud-based servers.
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VASA: Microsoft AI generates “talking face” from photo and voice recording: Microsoft has developed a video generator that creates a video from a photo and an ...
heise.de/news/VASA-Microsoft-KI-generiert-aus-Foto-und-Sprachaufnahme-sprechendes-Gesicht-9690420.html
VASA: Microsoft AI generates “talking face” from photo and voice recording