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Report: GM Cuts 1,000 Jobs at Cruise After Ending Robotaxi Project
General Motors is reportedly cutting 1,000 jobs in its Cruise business unit after a previously announced decision to stop funding its robotaxi project. The cuts amount to almost half of the workforce ...

Coinbase Asks FDIC, OCC and Federal Reserve To Remove Hurdles for Banks To Partner With Crypto Firms: Report
Crypto exchange Coinbase is calling upon federal regulators to clarify rules allowing banks to offer digital asset services, challenging what it describes as unnecessary barriers in the crypto banking...

Turmoil at OpenAI: what’s next for the creator of ChatGPT?
The world’s hottest AI company went through three CEOs in under a week and ended up with the same one it had at the start — so what happened, and what’s next? On November 17th, 2023, OpenAI...

UK Warns of AI Startups Leaving Due to Capital Shortfalls, Regulatory Complexity
Promising artificial intelligence (AI) startups created in the U.K. are at risk of leaving for other countries like the U.S. due to lack of adequate capital, regulatory complexity and differences in c...

Candescent Names US Bank Vet Gareth Gaston as Product Chief
Digital banking platform Candescent has named a new chief product officer. Gareth Gaston, described by Candescent as an “industry powerhouse,” is joining the firm after more than a decade at U.S. ...

Square, Cash App and Visa Support Small Businesses With Technology
Square, Cash App and Visa partnered with New Orleans nonprofit organization Propeller to provide local food and beverage businesses with technology and support to help them succeed. The organizations ...

OpenAI makes strategic push into Asia with Kakao partnership amid negotiations with SoftBank
Kakao Corp. has become the first South Korean company to form a strategic partnership with OpenAI, marking a major step in the AI research firm’s expansion into Asia. The collaboration aims to integ...

Elon Musk’s X Becomes Weapon in Government Cost Cutting
The billionaire has used the social media site to boast of victories, lash out at enemies and conduct polls for the initiative he calls the Department of Government Efficiency....

Crypto Czar Discusses FTX’s Fall and Aims to Bring Companies to U.S. Amid FTX’s Repayment News
The post Crypto Czar Discusses FTX’s Fall and Aims to Bring Companies to U.S. Amid FTX’s Repayment News appeared fir...

Breaking: David Sacks’ Vision for Digital Assets, Everything He Promised in His Crypto Conference
The post Breaking: David Sacks’ Vision for Digital Assets, Everything He Promised in His Crypto Conference appeared first on Coinpedia Fintech News David Sacks, the newly appointed Crypto Czar, rec...