JPMorgan Integrates OpenAI’s ChatGPT in AI LLM Suite
JPMorgan Chase integrates OpenAI’s ChatGPT to support more than 60,000 employees with AI-driven LLM Suite. JPMorgan Chase, the largest bank in the United States by assets, has recently implemented a generative AI assistant known as LLM Suite. This implementation is a component of a more extensive initiative to incorporate cutting-edge AI technologies throughout the organization. […]
Tech Companies Request More Time From EU to Comply with AI Act
In a joint letter to the European Commission, Tech companies have requested that the deadlines for compliance with the general-purpose artificial intelligence (GPAI) Act be extended. Due to the summer recess, the organizations, which include the Computer & Communications Industry Association, AmChamEU, The Software Alliance, and DOT Europe, request additional time on August 9. Concerns regarding […]
Regulators Postpone Hashdex Nasdaq Crypto Index ETF Listing
The United States regulators require additional time to determine if Nasdaq’s June request to list the Hashdex Crypto Index ETF should be granted. The filing was in response to Nasdaq’s June request for permission to list the Hashdex Nasdaq Crypto Index ETF on its electronic exchange. Upon approval, the Hashdex Nasdaq Crypto Index ETF would […]
Vitalik Buterin Supports Proposed ERC-7683 for Cross-chain Trade
Vitalik Buterin has openly supported the ERC-7683, a proposed standard for cross-chain transaction execution developed by Uniswap Labs and Across Protocol. The new standard’s objective is to enhance interoperability between decentralized networks and establish a unified framework for cross-chain intentions, as outlined in a recent X post by Uniswap Labs. The Ethereum Magicians forum has […]
Aave DAO, Trident Digital Launch First Onchain Fixed-yield Loan
The Aave DAO (decentralized autonomous organization) has effectively deployed the first onchain fixed-yield loan in partnership with Trident Digital, IntoTheBlock (ITB), and TokenLogic. Cointelegraph received a press release stating that the $100 million product will provide borrowers and lenders a secure and equitable solution. The new fixed-yield loan model will offer “certainty for both borrowers […]