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What's New Today: JPMorgan Expands Hiring, Except in Investment Bank
Fast-Track Insights: EU Sets New Crypto Standards to Combat Money Laundering
According to Bloomberg, the US military and ChatGPT inventor OpenAI are collaborating on several initiatives, including cybersecurity skills. In collaboration with the Pentagon, OpenAI is creating open-source cybersecurity toolkits. Additionally, it is working with DARPA, the Defense Advanced Research Projects Agency, on the AI cyber challenge. At the World Economic Forum in Davos, OpenAI's vice president of global affairs, Anna Makanju, revealed that the company behind ChatGPT has also had preliminary discussions with the Biden administration over strategies to help reduce veteran suicide.
Daniel Pinto, the president and CEO of JPMorgan's corporate and investment bank, told Bloomberg during his speech at Davos today, "When I look at our plans, we will increase our staff this year for sure." According to Pinto, JPMorgan's workforce has been expanding rather than contracting. JPMorgan added 16,000 employees last year, a 5% rise, throughout the business. The corporate and investment bank (CIB) had a headcount growth of 952 employees despite the last-minute cuts, a far lesser gain of 1%.
Artificial intelligence (AI) is the field of computer science that aims to create machines and systems that can perform tasks that normally require human intelligence, such as reasoning, learning, decision-making, and problem-solving. Python is one of the most popular and widely used programming languages for AI, due to its simplicity, readability, versatility, and rich collection of libraries and frameworks that support various aspects of AI, such as machine learning, deep learning, natural language processing, computer vision, and more. Here we discussed how to study AI with Python and more Python skills. Read More
On Wednesday, EU lawmakers came to a tentative agreement on several aspects of an extensive regulation package aimed at preventing money laundering. The package required due diligence from all cryptocurrency companies before accepting new clients. The Anti-Money Laundering Regulation (AMLR) was created to stop money laundering and sanctions evasion. It also establishes a supervisory body that will oversee the cryptocurrency industry and bring together a unified set of regulations.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
