SoyNomada: AI becomes top tool against fraud for 98% of acquiring banks
One of the most popular areas for the use of AI is in fraud and financial crime.
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artificial intelligence
TechCrunch: Mark Zuckerberg has begun his quest to kill the smartphone
Meta still believes in virtual/augmented reality and the metaverse.
BBC: AI can forecast your future health – just like the weather
Artificial intelligence can now predict people’s health problems over a decade into the future.
efinancialcareers: HFT interns earning $60k in 10 weeks are on better salaries than Jane Street quants
Susquehanna International Group (SIG) is offering a weekly salary of $6k to PhD machine learning interns in New York, as well as PhD quantitative research interns.
Futurism: Data Shows That AI Use Is Now Declining at Large Companies
In their latest biweekly survey of AI adoption, the US Census Bureau found evidence of an obvious drop-off in corporate AI use — the largest since the survey began in November of 2023.
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: 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.