Wall Street Embraces AI with $500B Investment while Hyundai Patents Deepfake Car Theft Tech
Major financial institutions like JPMorgan, Goldman Sachs, Citigroup, and Blackstone are increasingly integrating AI to boost efficiency, automate tasks, and cut costs amid economic pressures, according to a press release. These efforts are expected to drive massive investments projected at over $500 billion in 2026 as AI reshapes the future of Wall Street.
Hyundai has patented advanced facial recognition technology designed to combat deepfake car thefts, employing liveness detection techniques such as movement analysis and thermal signatures, according to a recent report. This technology addresses previous security vulnerabilities, integrates with existing AI strategies, and intends to influence industry standards, potentially enhancing security but also raising privacy concerns in the evolving AI landscape.
In South Korea, rising instances of cheating scandals involving AI at top universities have prompted the government to develop the country’s first ethics framework for student use of AI, according to The Korea Times. Meanwhile, universities abroad, like Hong Kong University of Science and Technology (HKUST), are adopting a different approach, encouraging students to engage with AI rather than imposing outright bans; HKUST allows individual professors to set AI use standards, as noted by economics professor Lim Woo-young.
Nursing students in Phoenix are leveraging AI to prepare for real-world clinical scenarios, specifically to navigate difficult diagnoses or patient discussions, according to local news reports.
DEEP NETworks will host a free virtual training session later this month focused on using AI to digitally stage any room, offering residents the chance to learn how artificial intelligence can be applied in everyday life, according to a press announcement.
Discover the best AI skills to learn with the rising prominence of machine learning, prompt engineering, data science, and automation careers expected in January 2026, highlighting the AI skills most relevant for future jobs, according to Forbes.
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