Finextra: OpenAI hires Wall Street bankers to train AI in financial models
OpenAI has hired more than 100 former investment bankers to help train its AI to build financial models.
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engadget: OpenAI is making its own AI chips with Broadcom’s help
OpenAI is teaming up with Broadcom to make custom chips and systems for use in both OpenAI’s infrastructure and its partners’ data centers.
Finextra: Two-thirds of bank staff using unapproved AI tools – survey
A study from AI vendor DeepL showed that 65% of the surveyed UK finance professionals admitted to using unsanctioned AI tools for customer interactions.
West of England CA: Lloyds: Bristol is AI Capital
Lloyds Banking Group has named Bristol its AI capital
Finextra: JPMorgan spends $2bn a year on AI, saves same amount – Dimon
JPMorganChase are saying they spend $2bn a year on AI and it saves the same amount.
Yahoo! Finance: Lloyds to put chief executive and all top bosses through six-month AI course
Lloyds Banking Group is putting its chief executive and all top bosses through a six-month Cambridge AI training course, as the bank puts its full… Read More »Yahoo! Finance: Lloyds to put chief executive and all top bosses through six-month AI course
DBS: DBS named World’s Best AI Bank
DBS Bank has been named World’s Best AI Bank in the inaugural Global Finance AI In Finance Awards 2025.
eWeek: Is Figure 03 The ‘Model T’ Moment for Robots?
Figure AI just released Figure 03, a robot designed for production.
Venture Beat: Samsung AI researcher’s new, open reasoning model TRM outperforms models 10,000X larger — on specific problems
Samsung AI researcher’s new, open reasoning model TRM outperforms models 10,000X larger — on specific problems
Cybersecurity Dive: Risk mitigation budgets swell as enterprise AI adoption grows
Enterprises are directing more resources to governance as AI risks come into clearer view, according to a September OneTrust report that surveyed 1,250 IT leaders.