Friday, June 23, 2023

JPMorgan expands its JPM Coin launched in 2019 for USD transactions to euro payments; the digital token has been used to process $300B in transactions so far (Anna Irrera/Bloomberg)

Anna Irrera / Bloomberg:
JPMorgan expands its JPM Coin, launched in 2019 for USD transactions, to euro payments; the digital token has been used to process ~$300B in transactions so far  —  JPMorgan Chase & Co. expanded one of the most high-profile projects to bring blockchain technology to traditional banking …



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Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

Gary Marcus / Marcus on AI : Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be...