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🏦 200,000 banking jobs at risk as AI takes over...

AI scan can predict heart attacks

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Welcome back to BrainBuzz

Today’s Recipes:

  • 🏦 200,000 banking jobs at risk as AI takes over...

  • 💰 DeepSeek unveils a cheaper way to train AI

  • 🛰️ China is taking supercomputing off the planet

  • OpenAI joins Silicon Valley’s war on screens

  • AI scan can predict heart attacks

  • Apple cuts Vision Pro production after weak sales

  • AI Tutorial of the Day

  • And More….

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LATEST DEVELOPMENTS

European banks may cut 200,000 jobs by 2030 as AI drives 30% efficiency, targeting back-office, risk, and compliance; branch closures likely.

Details

  1. Scale of cuts: Over 200,000 roles, about 10% across 35 major European banks, could be eliminated by 2030.

  2. Where impact lands: Back-office, risk management, and compliance will see the heaviest reductions.

  3. Efficiency driver: Banks expect around 30% efficiency gains from AI adoption.

  4. Branch strategy: Physical branch closures will accelerate as digital services expand.

  5. Concrete moves: ABN Amro plans to cut 20% of staff by 2028; Société Générale signals broad restructuring.

  6. U.S. parallel: Goldman Sachs’ “OneGS 3.0” includes job cuts and a hiring freeze through 2025.

  7. Caution voiced: Leaders warn that over-automation may undermine training for junior bankers.

Takeaway: AI is reshaping banking fast, expect leaner operations, fewer branches, and a premium on AI fluency, with reskilling becoming critical.

DeepSeek debuts mHC, boosting stable, scalable LLM training (tested to 27B params) without extra compute, building on Hyper-Connections and ResNet, hinting at a post-R1 model.

Details

  1. New method: Manifold-Constrained Hyper-Connections (mHC) aims to train LLMs more efficiently at lower cost.

  2. Lineage: mHC extends ByteDance’s 2024 Hyper-Connections, itself rooted in Microsoft Research Asia’s ResNet architecture.

  3. Efficiency claim: Delivers stability and scalability without increasing computational costs via infrastructure optimizations.

  4. Scale tested: Positive results reported on models up to 27B parameters.

  5. Roadmap hint: Experts say mHC could foreshadow DeepSeek’s next major model release after the R1 (launched for Chinese New Year 2025).

Takeaway: Lower-cost, more stable training at scale could accelerate LLM development, and DeepSeek may be gearing up for a new flagship model.

China is weaving AI into satellites, ground control, and mission planning to boost autonomy, surveillance, and speed, reshaping space operations and geopolitics.

Details

  1. Strategic push: AI becomes core infrastructure across China’s space ecosystem, from spacecraft to control centers.

  2. Satellite autonomy: Onboard AI enables real-time decisions for navigation, tasking, and anomaly response without waiting for ground commands.

  3. Space awareness: AI-driven tracking improves debris detection, satellite identification, and collision avoidance for crowded orbits.

  4. Mission planning: Automated scheduling optimizes imaging, communications, and resource use across constellations and ground stations.

  5. Dual-use edge: Military and civil overlap expands surveillance, targeting, and resilience, raising global security concerns.

  6. Scale and speed: Faster decision cycles and reduced human-in-the-loop increase tempo and operational reach.

  7. Global ripple: Standards and governance pressure rises on the U.S./EU to match AI-enabled space capabilities safely.

Takeaway: AI is becoming the operating system of space power. Expect more autonomous satellites, quicker responses, and sharper geopolitical competition.

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MORE AI & TECH UPDATES

OpenAI is betting heavily on audio as the future of human-computer interaction, unifying its engineering, product, and research teams to overhaul audio models…

A groundbreaking study presented at the European Association of Cardiovascular Imaging (EACVI 2025) has shown that an AI-powered heart scan tool can predict future heart attacks and deaths in patients with stable coronary artery disease (CAD)…

Apple’s ambitious Vision Pro headset, launched in 2023 as the gateway to “spatial computing,” is facing a major setback…

Berkshire Hathaway, long known for its massive Apple stake, has dramatically reduced its position in the iPhone maker, selling off more than 70% of its shares since late 2023…

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HOW TO AI

In a world increasingly driven by artificial intelligence, the idea of having a personalized AI assistant is no longer a futuristic fantasy.

Key Highlights:

  • Start with a Clear Purpose.

  • Leverage No-Code and Low-Code Platforms.

  • Focus on Iterative Development.

  • Prioritize Data Privacy.

  • Embrace the Power of Prompt Engineering.

  • Consider the Ethical Implications.

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