TORONTO-DOMINION BANK

15 Aug

SEC Says It Fined 26 Firms in Latest WhatsApp Probe Fallout

stp2y0 CommentsRAG modelsAMERIPRISE FINANCIAL INC, BANK OF NEW YORK MELLON CORP, Commodity Futures, industries, LPL FINANCIAL HOLDINGS INC, RAYMOND JAMES FINANCIAL INC, regulation, ROYAL BANK OF CANADA, Technology, TORONTO-DOMINION BANK, TRUIST FINANCIAL CORP, US Securities and Exchange Commission

Twenty-six financial firms agreed to pay about $393 million in total fines after the US Securities and Exchange Commission said they failed to keep their employees’ electronic communications, the latest fallout from the regulator’s so-called WhatsApp investigations.The SEC said that Ameriprise Financial Inc., Edward D. Jones & Co., LPL Financial Holdings Inc., Raymond James Financial Inc. will pay $50 million each to settle cases with the agency. A Royal Bank of Canada unit will pay $45 million, while parts of Toronto-Dominion Bank, Truist Financial Corp. and Bank of New York Mellon Corp. were also among those agreeing to penalties, the…

13 Aug

AI-Focused VC Radical Ventures Nears $800 Million Fundraise

stp2y0 CommentsRAG modelsartificial intelligence, COHERE INC, COVARIANT INC, GENESIS THERAPEUTICS INC, investing, Li Fei-Fei, startups, Technology, TORONTO-DOMINION BANK, venture capital

Radical Ventures, a Canadian venture capital firm that made early bets on a string of hot artificial intelligence startups, has secured nearly $800 million in commitments for a new fund, according to people familiar with the plans.The firm is currently nearing the close of the new fund, which will boost its assets under management to about $1.8 billion, said the people, who asked not to be identified discussing private information. Source link lol

07 Aug

CIBC Plans Hiring Spree in Artificial Intelligence, Data Jobs

stp2y0 CommentsRAG modelsartificial intelligence, Banking, CAN IMPERIAL BK OF COMMERCE, canada, Christina Kramer, CITIGROUP INC, COHERE INC, industries, jobs, ROYAL BANK OF CANADA, Technology, TORONTO-DOMINION BANK, work-shift

Canadian Imperial Bank of Commerce plans to hire more than 200 employees in data and artificial intelligence over the next year as it expands its use of generative AI.The country’s fifth-largest bank has carried out a number of pilot programs using generative AI and is adding staff in Canada to accelerate those efforts, Christina Kramer, the bank’s head of technology and innovation, said in a statementBloomberg Terminal. Source link lol

06 Aug

Nvidia’s Next-Generation AI Chip Rollout Slowed by Engineering Snags

stp2y0 CommentsRAG modelsADVANCED MICRO DEVICES, ALPHABET INC-CL A, artificial intelligence, engineering, infrastructure, Jensen Huang, MICROSOFT CORP, TAIWAN SEMICONDUCTOR MANUFAC, Technology, TORONTO-DOMINION BANK, Valuation

Nvidia Corp. hit engineering snags in the development of two new advanced chips, slowing the release of some products designed to extend its lead in the market for artificial intelligence computing.The delays affected the company’s highly anticipated Blackwell lineup, which Nvidia announcedBloomberg Terminal in March, according to people familiar with the situation. A version of the chip — known as an AI accelerator — is being reworked to better work with data center infrastructure designed for an earlier chip, the Hopper H100. Source link lol