Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.
Enterprises plan to more than double investments in AI-related data storage and processing power by the end of 2026.
This gives a good overview of retail banking trends in 2025.
Sam Altman says “we are now confident we know how to build AGI”
Quantum computing company Equal1 has created a quantum processing unit (QPU) that can be built using conventional semiconductor manufacturing processes.
Bank of America, Citi, and Morgan Stanley are the latest to exit the Net-Zero Banking Alliance.
US banks still need to make significant strides to mitigate operational risk and cyber threats, according to the Office of the Comptroller of the Currency.
Google has unveiled the launch of Gemini 2.0, marking its first major foray into agentic AI with its Mariner and Jules agent models.
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