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Goldman Sachs announces firmwide launch of AI assistant
Goldman Sachs announces firmwide launch of AI assistant

Yahoo

time23-06-2025

  • Business
  • Yahoo

Goldman Sachs announces firmwide launch of AI assistant

On Monday, Goldman Sachs announced that it is rolling out a generative artificial intelligence (AI) assistant across the firm in its latest move to incorporate the technology into employees' workflows. Goldman announced that its in-house AI application, known as the GS AI Assistant, is available to employees throughout the company, offering tools tailored to meet the needs of workers in various specialties across the firm. The natural language assistant can securely tap into a variety of large language models (LLMs) that the company has approved. "Today marks an important moment in our AI journey as we are excited to announce the firmwide launch of the GS AI Assistant – the first generative AI-powered tool to reach this scale," Goldman Sachs CIO Marco Argenti said in a memo seen by FOX Business. "Thousands of our people are already using the GS AI Assistant, and I hope all of you will start exploring how the tool can positively impact your daily tasks and boost productivity, from summarizing complex documents and drafting initial content to performing data analysis," Argenti added. Trump's Top Tech Expert Warns Us Can't Get Complacent In Ai Competition With China Goldman Sachs' broader rollout of its GS AI Assistant comes as the latest development in the company's journey with AI, which began more than a decade ago. Read On The Fox Business App Last year, the firm announced it was rolling out a version of its GS AI Assistant that's tailored for the company's developers, putting the tool in the hands of thousands of engineers to help speed the creation of generative AI applications. Goldman Sachs' Profit Jumps As Traders Deliver Gains Goldman built the GS AI Assistant so that it can interact with different LLMs that power various AI tools, like OpenAI's GPT-4o, GPT-4o-mini and o3-mini, Google's Gemini 2.0 Flash, Gemini 2.0 Flash Vision, Gemini 1.5 Flash, Gemini 1.5 Pro, and Claude 3.7 Sonnet, as well as open source models – allowing users the ability to choose the model that best suits their needs. In January, Goldman Sachs rolled out the AI tool to 10,000 employees as the project widened its scope across the company's workforce. The GS AI Assistant has features tailored to different work functions, so developers, investment bankers, research analysts and employees involved with asset and wealth management all have versions of the AI copilot with capabilities designed to aid in carrying out those duties. Goldman Sachs Ceo Says Markets Will 'Settle Down' After A 'Reset Of Expectations' The company also added translation functionality so that analysts and wealth managers can translate research and other documents into specific languages preferred by clients. Goldman Sachs CEO David Solomon said on the company's first quarter earnings call the firm is "leveraging AI solutions to scale and transform our engineering capabilities as well as to simplify and modernize our technology stack." "We continue to believe an acceleration in AI adoption will allow for further efficiencies for our own business, and for companies large and small. As it is utilized more broadly, productivity gains for the economy will be significant," Solomon article source: Goldman Sachs announces firmwide launch of AI assistant

OpenAI backs Indian startup Vahan to automate blue-collar hiring with voice AI
OpenAI backs Indian startup Vahan to automate blue-collar hiring with voice AI

Time of India

time03-05-2025

  • Business
  • Time of India

OpenAI backs Indian startup Vahan to automate blue-collar hiring with voice AI

When Ashok, a caterer in Bengaluru, lost his job during the pandemic, he turned to a job search app—and ended up speaking to what sounded like a real recruiter. On the other end was Vahan 's AI-powered assistant, built on OpenAI 's technology, which helped him land a gig with Swiggy . #Pahalgam Terrorist Attack Code of war: India and Pakistan take their battle to the (web)front Forex reserves show a pauperised Pakistan, a prospering India Pakistan conducts training launch of surface-to surface ballistic missile Vahan, a Bengaluru-based startup, has partnered with OpenAI to deploy GPT-4o and GPT-4o-mini as part of its 'AI recruiter,' which helps automate hiring in India's informal workforce. The voice-based chatbot—operating over regular phone calls in Hindi and English—answers questions about salaries, job roles, and locations, and even collects and verifies ID documents to be shared with recruitment agencies . The startup now enables over 40,000 monthly placements for platforms like Swiggy, Zomato , Blinkit, and Zepto. 'But in a country like India, it's still a drop in the ocean,' founder and CEO Madhav Krishna told ET. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Affordable Health Insurance Plans for Seniors in the Philippines (2025): What to Know Before You Enroll LocalPlan Search Now Undo From chatbot to recruiter Launched in 2016 as a WhatsApp bot focused on upskilling, Vahan pivoted to recruitment in 2019. 'We realised that blue-collar workers don't look for jobs online—they rely on word of mouth or small agencies,' Krishna said. Live Events Vahan now partners with 1,500 recruitment agencies across 900+ cities, offering them software to match job seekers with employers and deploying its AI recruiter to streamline high-volume tasks. 'In some cases, productivity has gone up 300%,' Krishna claimed. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Voice-first, not job-first In contrast to AI models replacing human labour, Krishna says the goal is amplification. 'The cost of labour in India is low. AI shouldn't replace people but help teams grow and earn more,' he said. The AI recruiter will soon expand to support eight Indian languages and is branching into new categories such as factory workers, warehouse staff, and cab drivers, in line with India's expected manufacturing push. ET had reported in September 2024 that Vahan raised $10 million from Khosla Ventures, with participation from Y Combinator, Gaingels, and Paytm 's Vijay Shekhar Sharma.

OpenAI Is Taking Spammers' Money to Pollute the Internet at Unprecedented Scale
OpenAI Is Taking Spammers' Money to Pollute the Internet at Unprecedented Scale

Yahoo

time12-04-2025

  • Business
  • Yahoo

OpenAI Is Taking Spammers' Money to Pollute the Internet at Unprecedented Scale

Sam Altman's grand vision of democratizing artificial intelligence seems, per a new study, to include an ugly asterisk: it's monetized, at least in part, by spambots filling the web with AI-generated garbage. According to the cybersecurity firm SentinelOne, search engine optimization (SEO) scammers operated undetected for months using what company's experts are calling "AkiraBot," a "modular and sophisticated" tool that was able to bypass CAPTCHAs and other spam detection filters with ease. As SentinelOne explained, the bot was named not for any affiliation with the ransomware group Akira, but because that name, which means "bright" in Japanese, is used in a lot of the creators' affiliated domains. AkiraBot's bottom line seems to be directing traffic to its dubious SEO scheme — and with GPT-4o-mini, that process seems to have been automated at scale. Having attempted to spam roughly 420,000 sites and successfully getting its trash through to some 80,000, the humans behind AkiraBot were almost certainly paying for access to OpenAI's API — and we've reached out to the Altman-run company to confirm. The bot's chief targets, per SentinelOne's investigation, were small and medium-sized businesses — and specifically, the contact forms and chat widgets on those companies' websites. Using GPT-4o-mini to craft templates based on whichever type of contact module was at play, the spammers customized unique messages for each website in ways that got around spam filters at least part of the time. Starting with instructions that tell OpenAI's most cost-efficient advanced model to act like a "helpful assistant that generates marketing messages," the bots' creators operated for months before SentinelOne got wise to its spam scam. In one example of an AkiraBot message from a targeted candle company's comments section, a phony customer service rep named "Megan" shilled SEO services that were, per angry reviews left on the "Akira" trustpilot page, nonexistent. "My name is Megan, from The Akira Team — I just noticed your website through your Entireweb Website Listing, and wanted to get in touch with you right away," the spam message reads. "We have a special offer for your website today, and that is 1st Page Rankings in all major search engines (That's Google, Yahoo and Bing) + social media and video commercial advertising starting at just $29.99 which I am ABSOLUTELY certain will benefit your website and business, by bringing you LOTS of new customers, very very quickly." Upon discovering and analyzing these bots and their output, SentinelOne's researchers alerted OpenAI — and to the company's credit, it immediately investigated and ultimately disabled the creators' account. Still, it managed to run in earnest between September 2024 and February 2025, when AkiraBot got caught — and there's no way to know how long its creators, who weren't named, paid OpenAI for access to its API. More on AI scams: An AI Slop "Science" Site Has Been Beating Real Publications in Google Results by Publishing Fake Images of SpaceX Rockets

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