Latest in AI on the trading floor: Morgan Stanley expands OpenAI powered chatbot tools to Wall Street division
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AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.Business - CNBC - October 23 -
AI on the trading floor: Morgan Stanley expands chatbot tools to Wall Street division
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.Top stories - NBC News - October 23 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
ChatGPT’s AI Search Tool Is Now Available From OpenAI
OpenAI just launched its newest artificial intelligence search experience for ChatGPT. Here’s how to get the AI search update, and WIRED’s initial impressions.Tech - Wired - October 31 -
Chinese AI startup takes aim at OpenAI's Sora with image-to-video tool launch
Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.Business - CNBC - November 14 -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - November 1 -
Microsoft's GitHub expands beyond OpenAI, lets developers use AI models from Anthropic, Google
GitHub is giving software developers more choices for its popular coding assistant, meaning they won't be limited to models from OpenAI.Business - CNBC - October 29 -
Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said
Whisper is a popular transcription tool powered by artificial intelligence, but it has a major flawTech - ABC News - October 26 -
Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said
Whisper is a popular transcription tool powered by artificial intelligence, but it has a major flawHealth - ABC News - October 26 -
OpenAI’s Transcription Tool Hallucinates. Hospitals Are Using It Anyway
In health care settings, it’s important to be precise. That’s why the widespread use of OpenAI’s Whisper transcription tool among medical workers has experts alarmed.Tech - Wired - October 30 -
Why Wall Street may hold the ultimate veto power over Trump budget plans
Wall Street investors are bracing for a battle over Trump policies and plans that risk ballooning the U.S. debt load.Business - MarketWatch - November 8 -
‘New playbook’ on Wall Street powers Goldman Sachs price boost, says analyst
Citi’s Keith Horowitz flags already-lofty valuation for Goldman’s stock, but says it could go higher amid deal optimism.Business - MarketWatch - 10 hours ago -
Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips
Huge loans for ‘neocloud’ groups raise concern over chipmaker’s dominance of artificial intelligence marketBusiness - Financial Times - November 4 -
Morgan Stanley Strikes Deal With Climeworks to Vacuum CO2 From the Atmosphere
The bank is the latest major financial institution to invest in novel tech like carbon removal to fight climate change.Business - Inc. - October 24 -
Morgan Stanley grants post-employment perks to former CEO James Gorman
Longtime executive will receive $400,000 a year and access to a car and driver as he transitions out of top roles at bankBusiness - Financial Times - October 24 -
The stock market hasn’t priced in a Trump win, Morgan Stanley strategist says
The chief U.S. stock-market strategist at Morgan Stanley says the fact that financial stocks are rallying has more to do with fundamentals than with the approaching election.Business - MarketWatch - October 28 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - October 29 -
Morgan Stanley is launching an investing index tied to sports leagues
Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.Business - CNBC - October 31 -
Prudential taps Morgan Stanley’s Chappuis to lead asset management arm
Jacques Chappuis to join as PGIM’s chief executive in May, replacing David Hunt after his 13-year stintBusiness - Financial Times - November 8 -
Morgan Stanley CEO is bullish on stocks, says the U.S. economy is 'outperforming'
Ted Pick said that the U.S. and China have a mutually unified motivation to find solutions that could benefit both economies.Business - CNBC - 12 hours ago -
Elon Musk targets Microsoft in expanded OpenAI lawsuit
Billionaire alleges Microsoft and OpenAI illegally sought to monopolize AI market and sideline competitors. Elon Musk has expanded his lawsuit against the ChatGPT maker OpenAI, adding federal ...World - The Guardian - 6 days ago -
Google AI chatbot asks user to ‘please die’
Google’s AI chatbot Gemini gave a threatening response to a Michigan college student, telling him to “please die.” The artificial intelligence program and the student, Vidhay Reddy, were engaging ...Politics - The Hill - Yesterday -
Tariffs: A trade tool that’s losing its mojo
Tariffs, if used judiciously, may help achieve certain policy goals, but in many respects, they are becoming yesterday’s tool.Politics - The Hill - 4 hours ago -
Cubs trade for Morgan, Thaiss; Wisdom DFA'ed
The Cubs acquired reliever Eli Morgan and catcher Matt Thaiss in trades Wednesday and also designated infielder Patrick Wisdom for assignment.Sports - ESPN - Yesterday -
Cornyn pledges to give GOP colleagues more power over Senate floor
Texas Sen. John Cornyn (R), who is locked in an intense three-way race to become the next Senate majority leader, is pledging to Republican senators that he will give them more opportunity to ...Politics - The Hill - November 12 -
Be mean to me, ChatGPT: People are turning to AI chatbots for 'tough love' and motivation
People are asking ChatGPT for tough love to motivate them to be productive. Here's what a clinical psychologist says about the tactic.Business - CNBC - October 25 -
Molly Russell and Brianna Ghey chatbots found on AI site
The foundation set up in Molly's memory said it would cause "further heartache to everyone who knew and loved" her.Top stories - BBC News - October 30 -
The chatbot optimisation game: can we trust AI web searches?
Google and its rivals are increasingly employing AI-generated summaries, but research indicates their results are far from authoritative and open to manipulation. Does aspartame cause cancer? The ...World - The Guardian - November 3 -
‘Unrestricted’ AI group Nous Research launches first chatbot
Nous Chat gives users access to its large language model (LLM) Hermes 3-70B, a fine-tuned variant of Meta's Llama 3.1.Tech - VentureBeat - November 7 -
Forget the Nanny, Check the Chatbot. AI May Soon Help With Parenting
The AI revolution means new startups can address some unexpected markets, like easing the challenges of caring for kids.Business - Inc. - November 8 -
Microsoft brings AI to the farm and factory floor, partnering with industry giants
Microsoft collaborates with Siemens, Bayer, and Rockwell Automation to launch industry-specific AI models designed to boost efficiency in manufacturing, agriculture, and finance through tailored AI ...Tech - VentureBeat - November 13 -
McDonald's, Boeing experience Wall Street struggles
It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...Top stories - CBS News - October 26 -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - October 27