HSBC CEO Georges Elhedery told staff that AI will remove some jobs but also create new ones, urging employees to accept the change rather than resist it. He said the bank is focusing on retraining workers so they can use AI tools and become more productive in their roles.
WeatherlyOpenAI will invest more than S$300 million to expand Singapore’s AI ecosystem, including opening its first overseas Applied AI Lab and creating more than 200 technical jobs. Singapore is also deepening AI partnerships with global firms including Google to boost AI adoption, workforce training, healthcare research, and public services.
AnaisThe SEC has delayed several prediction market ETF applications while regulators review the risks and legal issues tied to the new products. The move affects filings from firms including Bitwise, as the agency seeks public feedback before deciding whether to approve event-based investment funds.
WeatherlyOpenAI says its AI reasoning model has solved a long-standing geometry problem first posed by Paul Erdős in 1946 by producing an original proof. The result was reviewed by mathematicians, suggesting the system can now work through complex research questions on its own.
AnaisSpotify and Universal Music Group have agreed to let Premium users create licensed AI-generated song covers and remixes using music from participating artists including Taylor Swift and Billie Eilish.
WeatherlyChatGPT has been added to Microsoft PowerPoint as a beta add-in, letting users create and edit slides using simple text prompts. It can also pull information from connected tools like Gmail, Outlook and SharePoint to help build presentations more quickly.
AnaisSyndicate Labs is shutting down after demand for Ethereum rollup infrastructure weakened and fewer new blockchain networks entered the market.
WeatherlyChina’s GigaAI has launched its SeeLight S1 humanoid robot designed to carry out household chores like cooking, laundry and cleaning using AI that can plan tasks on its own. The robot will first be tested in employee housing and Wuhan homes from 2027, as companies race to overcome safety, cost and data challenges before bringing humanoid robots into everyday households.
AnaisJPMorgan is rolling out AI tools across its global investment banking business to speed up work, improve client materials and help staff analyse information faster. The bank also expects to hire more AI specialists and fewer traditional bankers, as part of a wider shift across major banks using AI and reviewing workforce needs.
WeatherlyMichael Saylor said Strategy paused Bitcoin purchases this week while the company focuses on bonds and managing its financing structure.
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