Tag: Artificial intelligence

AIAutomationBusiness

OpenAI’s Project Mercury Aims to Automate Entry-Level Finance Tasks, Potentially Reshaping Wall Street Roles

OpenAI has enlisted over 100 former investment bankers to train AI models on financial modeling tasks, according to leaked documents. Experts suggest this automation will transform rather than eliminate entry-level positions, with analysts shifting to more complex work.

OpenAI’s Wall Street Ambitions

OpenAI is reportedly developing artificial intelligence systems to automate entry-level financial tasks, according to documents obtained by Bloomberg. Sources indicate the company has recruited more than 100 former investment bankers from major institutions including JPMorgan Chase, Morgan Stanley, and Goldman Sachs to contribute expertise to a project code-named “Mercury.”

by Michael Turner
AIInnovationPolicy

Tech Leaders and Public Figures Demand Halt to AI Superintelligence Development Over Safety Concerns

A coalition of more than 800 technology leaders, AI researchers, and public figures has issued a statement calling for a prohibition on superintelligence development. The signatories argue that AI systems surpassing human intelligence pose existential risks that must be addressed before further advancement.

Global Coalition Calls for AI Development Pause

More than 800 prominent figures across technology, academia, and public life have united to demand a halt to artificial intelligence superintelligence development, according to a statement published Wednesday. The signatories include Apple co-founder Steve Wozniak, Virgin Group founder Richard Branson, and former U.S. National Security Advisor Susan Rice, who collectively urge stopping advancement toward AI systems that would surpass human intelligence until adequate safety measures are established.

by Jessica Moore P.E.
AISecuritySoftware

Global Study Reveals AI Assistants Distort News Content Nearly Half the Time

A landmark international study coordinated by the European Broadcasting Union reveals AI assistants routinely misrepresent news content regardless of language or territory. The research involving 22 public service media organizations found systemic issues across four major AI platforms that could undermine democratic participation.

Widespread News Distortion Found Across AI Platforms

Artificial intelligence assistants routinely misrepresent news content approximately 45% of the time regardless of language, territory, or platform, according to a comprehensive international study coordinated by the European Broadcasting Union (EBU) and led by the BBC. The research, described as unprecedented in scope and scale, involved 22 public service media organizations across 18 countries working in 14 languages.

by Jessica Moore P.E.
HardwareInnovationTechnology

Samsung Enters XR Arena with Google-Powered Headset Challenging Apple’s Dominance

Samsung Electronics has unveiled its Galaxy XR extended reality headset, leveraging Google’s AI capabilities and Qualcomm chips to compete against Apple and Meta. Priced at $1,799, the device represents the first in a new family of Android XR products backed by major tech partnerships.

Major Tech Alliance Forms Behind New XR Headset

Samsung Electronics has launched its Galaxy XR extended reality headset, positioning the device as a direct competitor to Apple’s Vision Pro with significant backing from Google and Qualcomm, according to Reuters reports. The headset, priced at approximately half the cost of Apple’s premium offering at $1,799, represents the first product in what sources indicate will be a family of new devices powered by the Android XR operating system.

by Michael Turner