JPMorgan CEO: AI will be used for ‘every single process’

In a recent Bloomberg interview, JPMorgan CEO Jamie Dimon unveiled his AI-driven vision for the financial industry.

Dimon expressed his belief that AI has the potential to revolutionise every aspect of JPMorgan’s operations, from trading and hedging to research and error detection. He described AI as a "living, breathing thing," capable of transforming traditional processes and augmenting human...

SEC turns its gaze from crypto to AI

US Securities and Exchange Commission (SEC) chairman Gary Gensler has announced a shift in focus from cryptocurrency to AI.

Gensler, who has been vocal about the risks and challenges posed by the cryptocurrency industry, now believes that AI is the technology that "warrants the hype" and deserves greater attention from regulators.

Gensler’s interest in AI dates back to 1997 when he became intrigued by the technology after witnessing Russian chess grandmaster Garry...

SingularityDAO’s AI-powered ‘DynaSets’ outperform the crypto market

SingularityDAO, born out of renowned AI researcher Ben Goertzel’s SingularityNET, has announced that its AI-powered baskets of cryptocurrencies known as DynaSets have outperformed the crypto market.

While making some recovery in the past couple of weeks, the crypto market has suffered a horrid couple of months. Bitcoin crashed around 50 percent between November 2021 and the end of January 2022. As of writing, the largest cryptocurrency remains around 37 percent down while many...