In today’s ExchangeWire news digest, Japanese authorities are considering a moderate approach to AI regulation. Goldman Sachs may end its partnership with Apple. And FTX is seeking funding to revive the cryptocurrency exchange.
Japan considers gradual response to AI regulations
Japan is also reportedly considering A conservative approach to regulating artificial intelligence Because it considers the economic growth potential of technology. A lenient approach to AI governance could undermine the efforts of EU regulators to establish rules as a global baseline. Professor Yutaka Matsuo, chairman of Japan’s AI strategy council, has commented on proposed EU rules, including an obligation for companies to declare copyrighted material used to train AI systems, calling them “a bit too harsh”. said.
Goldman Sachs Ends Partnership With Apple?
Major investment bank Goldman Sachs reportedly considering ending partnership with Apple. The two companies introduced the Apple Card, a virtual credit card, in 2019 and announced a high-yield savings account for Apple Card customers earlier this year. But now Goldman Sachs is said to be in talks with American Express to take over its relationship with Apple, which could effectively end the bank’s consumer finance business.
FTX plans to revive cryptocurrency exchange
bankruptcy FTX Announces Plans To Reopen Cryptocurrency Exchange. On Wednesday (June 28), CEO John J. Ray III said the company “has begun a process of soliciting stakeholders for the reboot of the FTX.com exchange.” . FTX’s plans are likely to face greater scrutiny as regulators step up scrutiny of the crypto industry, in part due to the collapse of the cryptocurrency exchange last November.
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press box digest
Brandtech Group CTO Will Luttrell Joins Good Loop as Non-Executive Director
Woodman’s Selects InMobi Commerce for Video-Based Product Discovery and Retail Media Solution
ShowHeroes’ CTV Innovation Team Launches Custom Animations for Connected TVs
MiQ’s DEI commitment triggers systemic changes including double-digit increase in representation of women and BIPOC managers
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facts of the day
～240,000 – The number of savings accounts opened with Apple within the first week of availability.
