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.
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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… Read More »RCR Wireless: OpenAI set to start mass production of its own AI chips
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.
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.
eWeek: 71% of Americans Say AI Could ‘Put People Out of Work Permanently’
Most Americans now see artificial intelligence as a threat to their livelihoods, with 71% fearing it could permanently wipe out jobs.
Finextra: CommBank reverses plan to replace call centre staff with AI
Commonwealth Bank of Australia has rowed back its decision to cut 45 contact centre jobs after finding that the AI-powered “voice-bot” designed to reduce calls… Read More »Finextra: CommBank reverses plan to replace call centre staff with AI
TechRepublic: Google Claims One Gemini AI Prompt Uses Five Drops of Water
A lot of talk has gone into the environmental and energy impact of AI (in particular generative AI).