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CHATGPT FOR FINANCIAL SERVICES
OpenAI launches ChatGPT for financial services industryThe product, ChatGPT for Financial Services, was developed with Morgan Stanley and Evercore as design partners to help shape the offering...
Making people redundant is a no-win: Revolut India CEO on AI job cutsAs large private banks and financial institutions trim headcount to automate their workforce, Revolut’s Paroma Chatterjee believes it is cr...
OpenAI offers AI for chip design, touts cost advantage over open-source, CFO saysSpeaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip d...
Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.
Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
Mark Zuckerberg had a bold plan to replace Meta staff with AI. Here's how it imploded.Meta considered cutting some teams by as much as 60% under an AI-driven restructuring plan, Reuters reported. The company ultimately cut 10...
MSMEs are embracing AI without understanding the privacy risks: PrivaSapien CEOWith key provisions of India’s Digital Personal Data Protection Rules set to take effect in May 2027, PrivaSapien CEO Abilash Soundararajan...
German broker Scalable opens investment platform to major AI chatbotsThe new service, which Scalable said was a first for a European bank, comes in addition to the app and website as ways to access customer...
Robocop is coming: US got the best brain but China flexes the muscleChina’s robotics industry is rapidly moving from flashy demonstrations to real-world deployment, giving it a potential edge in the global r...
Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
Amazon completes $50 billion OpenAI investement as ChatGPT maker nears IPOThe investment completes one of the biggest funding deals in the artificial intelligence (AI) sector, giving Amazon a roughly 5% stake in O...
Sarvam AI plans trillion-parameter model, sets sights on competing with ChatGPT, Gemini and ClaudeSarvam AI plans a trillion-parameter model to rival global AI leaders. The company's existing voice AI is cost-effective and performs well....
Claude AI Chats Leaked: Your private conversation with AI might be on Google right now. Here's what you should doUsers discovered personal conversations from Claude chatbots appearing in Google searches. These shared links, intended for private sharing...
Amazon's Bezos pushes Prime Video redesign focused on AIJeff Bezos is pushing Prime Video's overhaul to highlight Amazon's AI. The project, known as Lighthouse, aims to showcase AI for millions o...
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD has been seeking to expand its foothold in the fast-growing AI chip market as developers look to diversify beyond Nvidia, while Anthrop...
How PayPal went from Wall Street favorite to unwilling merger targetPayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and ...
Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
How PayPal went from Wall Street favorite to unwilling merger targetThe company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout ...
SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
Global Market: UK regulator urged to consider rules for AI chatbots in financial adviceA UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini ...