AI
FSCA Warns Against Deepfake Scams; OpenAI CEO Flags AI Voice Cloning Risks
- AI-generated audio and video impersonate public figures, making voiceprint authentication ineffective against advanced AI.
- The US Federal Reserve is evaluating new ways to counter AI-driven fraud risks.
Wednesday, 23/07/2025 | 18:05 GMT by
Tareq Sikder
How Jensen Huang Got Trump to Greenlight AI Chips for China
- Nvidia CEO Jensen Huang personally lobbied Trump to reverse the AI chip ban to China.
- The campaign blended flattery, economic logic, and geopolitical theater.
- Trump reversed his stance, letting Nvidia resume chip sales—with conditions.
Wednesday, 23/07/2025 | 06:34 GMT by
Louis Parks
“Everything Is Changing Because of AI but Not Everything Is AI”: A Caution from FMAS:25
- The conversation noted that AI should support human functions, not replace them, particularly in financial services where trust, conversion, and retention depend on personal relationships.
- The African market reportedly has a unique data opportunity due to its high trading volume.
Tuesday, 15/07/2025 | 20:52 GMT by
Jared Kirui
Nvidia Makes Memes, AI, Money as H20 Chip Sales to China Resume
- Nvidia has filed to resume Chinese H20 AI chip exports after U.S. assurances on approvals.
- The pause would cost Nvidia a potential $8 billion hit in Q2, the company claimed.
- A geopolitical play and a huge win for Nvidia—but no military-grade chips yet.
Tuesday, 15/07/2025 | 09:39 GMT by
Louis Parks
A Busy Time for Grok 4—Tesla, Baseball and Antisemitic Rants
- Grok 4 will be integrated into Teslas next week according to Elon Musk.
- The same AI picking the Dodgers and driving robotaxis is under fire for antisemitic posts.
- The EU talks with X over Grok’s behavior, raising questions about AI in Musk’s empire.
Friday, 11/07/2025 | 06:55 GMT by
Louis Parks
Nvidia Becomes World’s Most Valuable Company, First to Hit $4 Trillion Market Cap
- The company's rise has been driven by strong investor demand for generative AI, a field in which it provides essential hardware components.
- It now holds the highest market value ever recorded for a listed business, surpassing both Microsoft and Apple.
Wednesday, 09/07/2025 | 17:20 GMT by
Jared Kirui
Forget Prompts—It’s Context Engineering That Matters
- Context engineering is replacing prompt engineering as the key to AI performance.
- It’s about managing the right mix of data, memory, and tools to guide LLMs effectively.
- In financial analysis, client-facing chatbots, portfolio recommendations, context is key.
Monday, 07/07/2025 | 07:00 GMT by
Louis Parks
AI Adoption at 86% Drives Hedge Fund Shift Toward Multi-Strategy and Credit Growth
- According to IG Prime, new fund launches are rising as AUM reaches record highs amid regulatory shifts.
- The traditional 2-and-20 fee model is fading, with average fees now at 1.35% and 16%.
Friday, 04/07/2025 | 12:11 GMT by
Tareq Sikder
Benzinga Partners with WNSTN to Power Benzinga AI Across Its Platform
- The partnership represents a significant step forward in making AI-driven insights.
Wednesday, 25/06/2025 | 09:17 GMT by
FM
“Automation Will Benefit From AI in Client Onboarding,” Experts Say at iFX EXPO International 2025
- In a panel discussion during the expo, it emerged that payment service providers are accelerating the adoption of AI-powered onboarding systems due to rising fraud risks.
- Besides that, the payments industry is facing increasing pressure to improve AML and KYC systems.
Thursday, 19/06/2025 | 15:14 GMT by
Jared Kirui
How Fraudsters Use AI to Lure Investors—BaFin Exposes the Scam
- Watchdog flags 20 nearly identical websites offering unauthorized financial and crypto services, urges consumers to exercise caution.
- Since early last year, AI-driven schemes have become a widespread issue in the retail trading world.
Tuesday, 03/06/2025 | 07:10 GMT by
Damian Chmiel
Nvidia’s Big Day: Can Q1 Earnings Justify the Hype?
- Wall Street’s betting big on Nvidia posting $43.28B in Q1 revenue—up 66% YoY.
- Export bans to China sting, but fresh Middle East deals are plugging revenue gaps fast.
- Options traders are expecting volatility and are pricing in post-earnings move of over 6%.
Wednesday, 28/05/2025 | 08:53 GMT by
Louis Parks
eToro Uses AI-Powered Ads with Google’s Veo 2 as It Prepares $4B IPO Offering
- The new AI-generated ads, created with tool developed by Google DeepMind, target the Italian market.
- The ads are airing on YouTube, TV, connected TV, and outdoor displays, with plans for expansion.
Friday, 09/05/2025 | 07:39 GMT by
Tareq Sikder
FCA Launches AI Testing and Sandbox for Forex, Commodities, and Other Financial Sectors
- The regulator launched PASS to assist cryptoasset, payments, and wholesale firms entering the UK market.
- Independent research shows firms in FCA sandboxes are more likely to secure funding and stay operational.
Tuesday, 29/04/2025 | 16:01 GMT by
Tareq Sikder
50% of Swiss Financial Firms Use AI, FINMA Survey of 400 Institutions Shows
- 91% of AI users rely on generative tools and third parties, raising outsourcing concerns.
- The regulator will oversee AI use under a “same business, same risks, same rules” approach.
Thursday, 24/04/2025 | 12:37 GMT by
Tareq Sikder
Nvidia Set for $5.5B Tariff Hit as Chinese Market for H20 Chips Dies
- Nvidia expects a $5.5 billion bill due to unsold Nvidia H20 chips bound for China.
- The NVDA stock outlook took a hit amid rising U.S.-China chip tensions.
- Asian markets and tech futures slid after Nvidia’s bombshell.
Wednesday, 16/04/2025 | 05:42 GMT by
Louis Parks
AI Will Take Your Job — CEOs Say Deal with It — What Can You Do?
- Fiverr’s Micha Kaufman and Tobi Lütke of Shopify say AI is here and coming for your jobs.
- CEOs are urging employees to embrace AI or become obsolete.
- It's not all doom and gloom, I've discovered AI to be an empowering, and learnable, skill.
Friday, 11/04/2025 | 10:09 GMT by
Louis Parks
“Regulatory Gaps and AI Growth Push FinTech Toward Adaptability”: The Financial Technologist
- The report published by Harrington Starr highlights disparities in AI adoption and FinTech expansion in markets like the US and Middle East.
- The role of hyperautomation, data-driven intelligence, and market adaptability is emphasized in the sector’s evolution.
Monday, 07/04/2025 | 16:09 GMT by
Tareq Sikder
The Age of Artificial Deception: AI Fraud Is Fooling Investors, CFTC Warns
- The regulator mentioned that AI-generated fake images, voices, and live video calls are being weaponized for financial scams.
- Criminals also leverage AI to forge government and financial documents and fabricate identities with deepfake technology.
Wednesday, 19/03/2025 | 20:46 GMT by
Jared Kirui
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