Fidji Simo Decides to Reduce Role at OpenAI, Citing Health Issues
Fidji Simo steps down as CEO of Applications at OpenAI. She will now serve as a part-time adviser due to…
Goldman Sachs Restricts Employee Trades on Prediction Markets
Goldman Sachs banned employees from trading on event contracts. Restrictions target specific predictions like company performance and electoral outcomes. Other…
Fed Enlists Experts to Analyze Policy Frameworks
Fed announces task forces for policy review led by external experts. Five task forces will focus on areas including inflation…
Microsoft’s Study Reveals Impact of Frequent Workplace Interruptions
Microsoft examines workplace interruptions, reporting 275 disruptions per day. Interruptions stem from meetings, emails, and notifications, raising productivity concerns. Research…
AI Joins the Workforce While Raising Accountability Concerns
AI agents are becoming part of organizational structures as employees. This shift raises questions on accountability and error detection. Organizations…
Banks Boost Institutional Position with Stablecoin Custody
Banks eye stablecoin custody to strengthen their institutional foothold. Partnerships like BNY Mellon and Circle highlight growing stablecoin interest. Regulatory…
Axos Acquires Arc to Expand AI Financial Services Nationwide
Axos Nevada Holding aims to acquire Arc Technologies this month. Arc Technologies enhances Axos's AI capabilities for U.S. small businesses.…
Wonder Plans Major Funding Round and Potential IPO
Wonder seeks major funding ahead of potential IPO, led by Marc Lore. Company aims for significant revenue growth across the…
Tech Leaders Gather at Secretive Sun Valley Conference
Sun Valley attracts top executives for exclusive networking. The conference highlights AI trends and industry shifts. Details remain private, maintaining…
Kalshi Moves Towards Non-Expiring Derivatives Market
Kalshi seeks to expand its perennial futures market beyond cryptocurrency. Perpetual futures, lacking expiration, pose risks and benefits for investors.…
