JPMorgan Chase, the richest U.S. bank by assets, will switch its hiring to emphasize AI specialists and reduce the number of traditional bankers it brings aboard, CEO James Dimon told Bloomberg.
Category: TRENDS IN AI – May 26 2026
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AI IS FLOODING COURTS WITH DIY LAWSUITS
People with legal grievances but without enough money to hire a lawyer are filing lawsuits anyway, thanks to their pro bono attorney: artificial intelligence.
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CHATGPT IS INFLATING COLLEGE GRADES
Since ChatGPT made its debut, the number of “A” grades college teachers have given in courses on writing and coding – subjects where AI makes its greatest impact – has grown much more than in classes where AI can make less of a difference, according to research from the University of California Berkeley.
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CHINA LEADS WEST IN AI VIDEO GENERATION
Western AI labs such as Anthropic and OpenAI lead the world in large language model AIs and coding apps, but ByteDance, Kuaishou, and other Chinese companies are turning out video-generating apps that outperform any made in the West in quality and usefulness, those in the industry told the Financial Times.
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OPENAI BUYS VOICE-CLONING STARTUP
OpenAI acquired weights.gg, a small startup that offers voice-cloning tools. The companies did not disclose the price or terms of the deal.
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DEEPSEEK DESIGNS NEW AI TO RUN ON CHINESE CHIPS
In a significant advance for China’s semiconductor industry, AI lab DeepSeek has designed its newest model to use inference chips made by Huawei, the country’s primary chip producer.