CityAM: British billionaire trader offers interns £26k a month
Alex Gerko, boss of XTX Markets, is offering postgraduates a 12 to 14-week research internship where they could pocket between $105,000 and $122,500.
RCR Wireless: OpenAI set to start mass production of its own AI chips
OpenAI has partnered with Broadcom for chips – The company plans mass production of custom AI processors in 2026 to reduce reliance on Nvidia and secure capacity for its own workloads.
Finextra: Majority of UK adults no longer carry a wallet or a purse
Research from UK ATM network Link reveals that fewer than half of UK adults carry a physical wallet as part of their day to day routine.
Finextra: Banks set to accelerate spend on AI as productivity surges
Lloyds Banking Group annual study reveals a sharp rise in AI adoption and impact, with 59% of institutions reporting improved productivity from AI.
eWeek: Goldman Sachs: AI’s Job Hit Will Be Brief as Productivity Rises
There has been a lot of talk about AI putting many people out of jobs.
Finextra: Nato nations to launch Defence, Security and Resilience Bank
Global banks are backing a new bank that is being set up to support NATO countries and their allies finance their defence needs.
City AM: Younger Brits turn to AI for financial advice
Brits are increasingly turning to AI tools to access financial tips as the “advice gap” grows wider.
UKTN: NHS trials AI tool to speed up patient discharges
An AI system being developed at an NHS Trust aims to reduce waiting times and get patients discharged faster.
Tech Xplore: 200 Gbps 6G wireless link successfully demonstrated
6G wireless progress being made with 200Gbps link being demonstrated!