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JPMorgan chief executive Jamie Dimon stated the bank plans to increase hiring of workers with AI expertise while reducing recruitment of conventional bankers as the technology sees wider use.
nationalpost.comJPMorgan chief executive Jamie Dimon said the bank is expected to recruit more workers with AI expertise and fewer conventional bankers as the technology becomes more widely used. The comments were reported by Bloomberg.
Dimon linked the planned change directly to expanding AI adoption inside the bank. No specific numbers for new hires or reductions were provided in the statement.
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globalnews.caGovernor Kathy Hochul issued an executive order July 14 imposing a one-year pause on new permits for data centers using 50 megawatts or more of electricity. The order directs studies on grid and environmental effects while leaving existing projects unaffected.
sbs.com.auTwenty-six current and former Meta employees filed a federal lawsuit Monday alleging the company used AI systems to select workers for its May layoffs in a way that penalized those on protected leave. The plaintiffs seek to block their July 22 terminations and request an audit of…
YonhapApple is in early talks with PrismML about technology that shrinks large AI models enough to run on iPhones. The Caltech spinout released compressed versions of Alibaba's Qwen model this week.