efinancialcareers: Secretive quant fund paying $45k for two-week internships
Spark Investment Management, a New York hedge fund is offering $45k for internships lasting just two weeks, equivalent to a yearly salary of…$1.17m.
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artificial intelligence
CIO Dive: AIG leans on generative AI to speed underwriting
AIG is using generative AI to speed underwriting and improve accuracy.
CNBC: OpenAI launches ChatGPT search, competing with Google and Microsoft
OpenAI has launched a search feature within ChatGPT, that positions it to better compete with search engines like Google, Microsoft’s Bing and Perplexity.
Payments Dive: AI increases fraud risk, fintechs say
Financial firms monitor for fraud by looking for unusual activity, but an artificial intelligence model can be trained to transact like a real person.
CIO Dive: Citi taps Google Cloud for app migration, AI adoption
Citi announced a multiyear modernization partnership with Google Cloud Monday.
TechCrunch: Meta’s AI chief says world models are key to ‘human-level AI’ — but it might be 10 years out
Meta’s AI chief says world models are key to ‘human-level AI’ — but it might be 10 years out.
TechRepublic: Generative AI in Security: Risks and Mitigation Strategies
Certain risks are more likely to emerge with generative AI than with traditional systems.
efinancialcareers: A day in the life of an applied AI engineer at hedge fund Balyasny
Ever wonder how an AI engineer spends his days?
CIO: Weighing the risks of moving too fast with gen AI
When it comes to AI, the fear of missing out is real.
Finextra: Ecommerce fraud to exceed $100bn by 2029
A study from Juniper Research found that the money lost to online fraud will rise from $44bn in 2024 to $107bn in 2029, an increase of 141%.