Finextra: Sam Altman fears AI-enabled fraud crisis
Sam Altman raises a very good (and obvious?) point here.
Finextra: NatWest hires AWS and Accenture to consolidate customer data across the bank
NatWest Group have hired Amazon Web Services (AWS) and Accenture to try and solve one of the biggest problems that all banks have – consolidating data so it can be easily managed and used.
Finextra: Sam Altman fears AI-enabled fraud crisis
Sam Altman raises a very good (and obvious?) point here.
White House: Winning the Race America’s Action Plan
The White House today released the AI Action Plan
ESGtoday: Google Signs Largest-Ever Corporate Fusion Energy Purchase Deal
Google signing a Fusion agreement is very forward looking!
SciTechDaily: AI That Thinks Like Us: New Model Predicts Human Decisions With Startling Accuracy
Researchers at Helmholtz Munich have created an advanced artificial intelligence system capable of mimicking human decision-making with impressive precision.
Finextra: Lloyds to run two-month Data and AI Summer School for employees
Lloyds Banking Group is expecting to play host to tens of thousands of employees at a two-month Data & AI Summer School as part of a commitment to building a digitally-confident workforce.
efinancialcareers: JPMorgan paying $325k salaries for its new AI strike team
The news is full of people being laid off from banks – but not in AI.
Pymnts: Tech Billionaires Launch Erebor Bank to Fill SVB’s Gap
Erebor has been launched to take up the space occupied by Silicon Valley Bank as a go-to financial institutions for riskier start-ups and crypto firms that traditional banks might otherwise reject.
City AM: ChatGPT wipes out entry level jobs
Vacancies for graduate roles, apprenticeships, internships and junior positions have fallen by more than 30 per cent since ChatGPT arrived at the end of 2022.