OpenAI is Training AI to Replace Entry-Level Banking Jobs

Posted under: AI technologies
Date: 2025-10-22
Project Mercury: OpenAI's Move: Automate Banking Tasks | Justo Global

OpenAI is developing an AI initiative, codenamed ‘Project Mercury,’ that seeks to automate entry-level banking tasks by leveraging insights from over 100 former investment bankers from firms like JPMorgan and Goldman Sachs, paid $150 per hour. This project aims to alleviate the burdens of junior bankers, who often endure 80-hour workweeks. Despite OpenAI's impressive $500 billion valuation, the company has yet to report a profit, prompting this move to commercialize its AI solutions effectively.

Read more at: analyticsindiamag.com

WhatsApp bans AI chatbots from its platform, OpenAI and others to lose access soon

Posted under: AI technologies
Date: 2025-10-22
WhatsApp Bans AI Chatbots: Impact on OpenAI & Others | Justo Global

Meta has revised the WhatsApp Business API policy, banning general-purpose AI assistants starting January 15, 2026. This move targets companies like OpenAI and Perplexity, which have utilized WhatsApp to deploy AI bots to its 3 billion users. A Meta spokesperson noted that the API was intended for customer support, not hosting AI, explaining it puts strain on the platform’s infrastructure. The change underscores Meta's focus on business communications and monetization strategies.

Read more at: www.indiatoday.in

Jaguar Land Rover hack cost UK economy $2.5 billion

Posted under: Online Security
Date: 2025-10-22
$2.5 Billion Cyberattack on Jaguar Land Rover | Justo Global

An August cyberattack on Jaguar Land Rover (JLR), a subsidiary of Tata Motors, significantly impacted the UK economy, costing approximately £1.9 billion ($2.55 billion), according to an independent cybersecurity report. The breach affected over 5,000 organizations across the country, raising serious concerns about vulnerabilities in cybersecurity infrastructure. Experts are calling for immediate enhancements to safeguard sensitive data and prevent future incidents, underscoring the need for robust digital defenses.

Read more at: www.reuters.com

Decoding OpenAI’s ChatGPT Atlas as AI browser risks emerge

Posted under: AI technologies
Date: 2025-10-22
OpenAI’s ChatGPT Atlas: Decoding AI Browser Risks | Justo Global

OpenAI’s introduction of ChatGPT Atlas marks its entry into the AI browser realm, raising alarms about potential prompt injection attacks that could compromise user data. Researchers warn that this vulnerability could lead to significant data breaches alongside issues of model hallucination, where the AI generates inaccurate information. Expert Vishal Mathur emphasizes the need for stringent safeguards as these risks pose serious implications for user security and trust in AI technologies.

Read more at: www.hindustantimes.com

Amazon layoffs: Is Amazon replacing humans with robots? Leaked docs reveal company's plan to replace 600,000 workers with robots by 2027

Posted under: AI technologies
Date: 2025-10-22
Title: Amazon's Plan To Replace 600k Workers With Robots | Justo Global

Leaked documents indicate Amazon plans to replace 600,000 workers with robots by 2027, a move signaling a significant shift towards automation. The company's focus on robotics could streamline operations but raises concerns over job security in the logistics sector. Analysts emphasize the potential impact on the workforce, urging discussions on ethical considerations and solutions to mitigate displacement. As automation advances, the future of work at Amazon remains uncertain.

Adobe launches AI Foundry for custom generative AI models

Posted under: AI technologies
Date: 2025-10-21
Harnessing Generative AI with Adobe's Firefly Service | Justo Global

Adobe's Firefly service, launched in 2023, has enabled companies to create over 25 billion marketing assets, highlighting a surge in demand for generative AI technology. “It’s highly personalized,” notes Elsakr, emphasizing how the service allows brands to tailor campaigns for various seasons, languages, and formats. Unlike typical Adobe products sold per seat, AI Foundry utilizes a usage-based pricing model, providing companies with flexible deployment options to enhance their marketing strategies effectively.

Read more at: www.techzine.eu

Salesforce CEO's big confession on AI after replacing 4,000 employees with Artificial Intelligence agents

Posted under: AI technologies
Date: 2025-10-21
Salesforce Shifts to AI: The Future of Tech Workforce | Justo Global

Salesforce CEO Marc Benioff recently disclosed that the company replaced 4,000 employees with Artificial Intelligence solutions. He emphasized the significant role AI now plays in Salesforce’s operations, streamlining processes and enhancing productivity. Benioff stated, "AI is our future," highlighting the transformative impact of automation on the workforce. This shift raises questions about the ethical implications of AI deployment in corporate environments and its influence on job security across the tech industry.

Anthropic Brings Claude Code to the Browser

Posted under: Web Technology
Date: 2025-10-21
Anthropic Introduces Claude Code | Web-Based Coding | Justo Global

Anthropic has launched Claude Code in a beta version, enabling developers to execute coding tasks directly through their browser at claude.com/code. This tool allows users to connect GitHub repositories and manage tasks in isolated cloud environments, complete with real-time tracking and automatic pull request generation. “You can actively steer Claude to adjust course,” Anthropic states, emphasizing its focus on security with sandboxed environments and proxy-managed Git interactions. A mobile version is also available through their iOS app.

Read more at: analyticsindiamag.com

DeepSeek’s New OCR Model Can Process Over 2 Lakh Pages Daily on a Single GPU

Posted under: AI technologies
Date: 2025-10-21
DeepSeek-OCR: Revolutionizing AI Text Processing | Justo Global

DeepSeek AI has unveiled DeepSeek-OCR, an innovative optical character recognition system capable of processing over 200,000 pages daily on a single NVIDIA A100 GPU, scaling up to 33 million pages across 20 nodes. The model boasts over 96% precision while compressing text at rates of 9x to 10x, and is designed for high efficiency at various document types, including charts and multilingual text. DeepSeek states this approach could revolutionize text processing in AI applications.

Read more at: analyticsindiamag.com

Apple Faces Antitrust Lawsuit in China Over App Store Amid Global Scrutiny

Posted under: Digital Transformation
Date: 2025-10-21
Apple Under Global Regulatory Scrutiny: Key Updates | Justo Global

Apple faces intensifying global regulatory scrutiny, particularly from the EU’s Digital Markets Act, requiring alternative app stores and payment systems. However, developers criticize these changes as “cosmetic” due to high fees on external payments. In the U.S., lawsuits allege monopolistic practices, echoing outcomes in other nations like Japan and South Korea, where Apple continues to face penalties. With rising tensions between China and the U.S., the outcome of ongoing investigations may further reshape Apple's App Store strategies.

Read more at: www.medianama.com