The Daily Upside

JPMorgan Chase Fuels AI Ambitions With New Patent

Photo by Precious Madubuike on Unsplash

JPMorgan Chase wants to be the finance industry’s AI frontrunner, filing patent after patent to secure its AI tech portfolio.

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Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

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Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

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Adobe May Add Face Swapping Tools to its AI Arsenal

Photo by Onur Binay on Unsplash.

The company’s latest patent could have implications for training image generating AI without the copyright issues.

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Microsoft’s Automatic Data Center Patent Could Take on AWS

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Microsoft’s patent to sublet data centers close to the source could surpass the physical barriers that cloud innovation faces.

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Former FTX Execs Hope You Forget Their Old Employer

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A group of former FTX employees, who were key witnesses in Sam Bankman-Fried’s fraud trial, are planning to launch a new crypto exchange.

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Low-Wage Workers Are Losing Their Leverage

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Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.

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Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

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Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.

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AMC Swung to a Profit, Still Needs More Cash

(Photo by Donreál Lunkin on Unsplash)

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.

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Japan’s Central Bank Has an Unusual Foe: Inflation

(Photo by Jezael Melgoza on Unsplash)

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

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Apple Could Use Generative AI to Visualize Your Feelings

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The tech further adds to the company’s reported investment in generative AI, and shows that it wants to build up its health tech even further.

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American Airlines Is Trying to Poach All the Industry’s Pilots

(Photo by Ross Sokolovski on Unsplash)

To combat a crippling pilot shortage, PSA Airlines is dangling bonus packages worth $250,000 to lure pilots.

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Amazon Offers Prime Members a Discount For its Posh Healthcare Service

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Amazon said Wednesday it plans to offer Prime subscribers low-cost annual memberships to its boutique One Medical primary care business.

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Intel’s Attention-Tracking Patent Could Be a Privacy Problem

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While Intel pitches this as a way to save power, it could have greater privacy implications depending on what it tracks.

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Disney, Warner Bros. Keep White-Knuckling the Linear TV Churn

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It’s still a tumultuous time to be a major media conglomerate, Disney and Warner Bros. Discovery’s earnings reports’ show.

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Nvidia’s Two-Model System Could Make AI Less of a Power Drain

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The company is seeking to patent a system which uses a general purpose AI model to create training data for a task-specific one.

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How Executives Navigate the Outrage Treadmill

Earlier this year, the town of Easthampton, Mass., made international headlines over an executive search for a new superintendent.

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Private Equity Giant Starts a Vacation-Rental Side Hustle

(Photo by Allison Huang on Unsplash)

TPG, a San Francisco-based investment firm, has begun purchasing single-family homes in Florida tourist destinations.

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Nestlé Pours $100 Million into Food Delivery Startup Wonder Group

(Photo by James Frid on Pexels)

Nestlé is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.

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ByteDance Is Scaling Back its VR Ambitions

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ByteDance is undergoing a sweeping restructuring and scaleback of its VR division, according to a Financial Times report on Tuesday.

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Money Talks: The NCAA’s NIL Era is Already Evolving

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This is the third school year of the NCAA’s NIL era, granting student-athletes the right to benefit from their Name, Image, and Likeness.

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Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

Photo via U.S. Patent and Trademark Office

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Why AI Augmentation Tech Is More Than a ‘Cost-Cutting Tool’

Photo via Rawpixel

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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