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The EU’s AI Act has been pushed through to the trilogue stage after nearly two years of drafting. The draft includes requirements for generative AI tools, like ChatGPT, to disclose the copyrighted material used in developing their programmes.
28 April 2023
Amazon reported that its cloud growth has slowed, as business customers reduce spending amid market uncertainty.
JPMorgan has built a ChatGPT-based language model to analyse Federal Reserve statements and speeches in an effort to sniff out potential trading signals.
27 April 2023
Klarna continues to broaden its scope beyond BNPL, unveiling an AI-powered shopping feed, a "personal shopper" and new selling tools for retailers and creators.
25 April 2023
Chancellor Jeremy Hunt waved away concerns on rapid AI development at a Politico event in London on Wednesday, and insisted that the UK needs to step up in the global AI race.
21 April 2023
Alphabet Inc., Google’s parent company, is merging two AI-focused research divisions, Google Brain and DeepMind, to keep up the pace with competing AI developments.
Triver, a London-based startup that uses open banking data and AI to provide short-term working capital to SMEs, has raised £7 million in seed funding.
19 April 2023
AI-powered SMB credit advisor startup Charm Solutions has raised $3.5 million in a seed round led by BootstrapLabs.
Economic secretary to the Treasury, Andrew Griffith MP, spoke in a keynote speech outlining the government’s ambitions for the fintech industry during day one of the Innovate Finance Global Summit 2023.
18 April 2023
The European Data Protection Board (EDPB), a body of Europe’s national privacy watchdog, has formed a ChatGPT taskforce to establish privacy guidelines on the AI platform.
14 April 2023
JPMorgan Chase has more than 300 AI use cases in production, CEO Jamie Dimon has revealed, calling the technology "extraordinary and groundbreaking".
12 April 2023
Market data giant Bloomberg is set to capitalise on the craze for all things AI by building a 50-billion parameter large language model for finance, dubbed BloombergGPT.
06 April 2023
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