Latvians vote in election in shadow of drone incursions and war in Ukraine
Latvians vote in election in shadow of drone incursions and war in Ukraine
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Microsoft exec warned AI could create a ‘doom loop’ for the internet
Newly revealed court files show that what AI companies say behind the scenes doesn’t always line up with what they tell the public. In a legal brief unsealed this week, an executive at Microsoft described OpenAI’s choice to train its models on news articles and other human-published content as the “largest theft of labor in…
Adjusted for Risk: Concurrent CEO on Nextgen Advisors, AI
Recorded live at Wealth Management EDGE, host Ryan Nauman welcomes Nate Lenz, co-founder and CEO of Concurrent, to discuss shifts in wealth management and the rise of NextGen advisors. Lenz explains Concurrent’s platform model supporting independent wealth managers by handling middle and back office functions while preserving advisor autonomy, and highlights growth to supporting over…
Banks are automating GenAI testing, but scope varies widely
Banks are automating GenAI testing, but scope varies widely – Risk.net Skip to main content End of drawer navigation content Risk Benchmarking: LLM-as-judge offers model testing at scale, but few lenders use it to facilitate autonomous sign-off This piece is part of a series benchmarking bank model risk management practices. Risk Management subscribers can view…
Visa updates Visa Infinite in Asia Pacific with three-tier card suite
The updated Visa Infinite suite offers a progression of benefits and access across three tiers. Credit: megaflopp / Shutterstock.com. Visa has introduced a refreshed Visa Infinite offering for Asia Pacific, as it looks to align its premium proposition with changing preferences among affluent consumers. The updated portfolio moves to a three-tier card suite, spanning Visa…
Rapid-fire repo raises hopes of cheaper, faster trading
This article is the second in a three-part series on tokenised US Treasuries Cash is an essential lubricant for the trading activities of hedge funds and prop trading firms. Liquid, fungible, readily accessible: cash is the grease in the gears of leverage. Cash is also inefficient. It hogs space on the balance sheet, earning no…
Germany Faces Daily Hybrid Warfare Amid Suspected Drone Attack
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