Perpetuals.com Ltd, under CEO Patrick Gruhn, licensed its BayesShield AI trading platform to the German University of Digital Science (German UDS). This platform, trained on 11.7 billion trades and analyzing over 200 features per trade, will be integrated into graduate programs like Applied AI and Financial Technology. The partnership also supports research in quantitative finance and algorithmic trading, creating a new revenue stream for Perpetuals and a pipeline for future fintech talent.
In the financial sector, IPC Systems introduced IPC One, an AI-enabled platform designed to unify trading communication, workflow, and intelligence. This system connects over 100,000 traders globally, integrating voice and messaging with AI capabilities to speed up execution, provide real-time insights, and enhance compliance for financial professionals.
However, the broader impact of AI raises concerns. A filmmaker criticized companies like OpenAI, Anthropic, and Google for allegedly using artists' copyrighted work without permission to train their models, challenging the 'fair use' defense. Separately, the rapid speed of AI-generated code presents a challenge to traditional application security methods, potentially leaving vulnerabilities undetected due to the delay between code creation and security evaluation.
On a more positive note for AI development, IBM and the University of Illinois Urbana-Champaign extended their IBM-Illinois Discovery Accelerator Institute partnership, focusing on AI and supercomputing research. This collaboration has already produced over 230 research publications. Additionally, actor Jeremy Renner invested in RapidSOS, an AI public safety company that uses AI to share crucial information with 911 and first responders, having supported over 1.1 billion emergencies globally.
Regarding employment, research from OpenAI suggests AI may not lead to widespread job losses, indicating it could even expand demand for certain roles, such as software developers. Meanwhile, the debate continues on AI's role in education, with discussions highlighting challenges related to teacher engagement. In other tech news, QuickLogic partnered with Quantum Leap Solutions to boost sales of its ASIC, IP, and chiplet solutions.
Key Takeaways
- Perpetuals.com Ltd, led by CEO Patrick Gruhn, licensed its BayesShield AI trading platform, trained on 11.7 billion trades, to the German University of Digital Science for research and graduate programs.
- IPC Systems launched IPC One, an AI-enabled platform unifying trading communication, workflow, and intelligence for over 100,000 traders globally.
- A filmmaker criticized OpenAI, Anthropic, and Google for allegedly using copyrighted artistic work without permission to train their AI models.
- The rapid pace of AI-generated code creates significant challenges for traditional application security methods, potentially leading to undetected vulnerabilities.
- IBM and the University of Illinois Urbana-Champaign extended their IBM-Illinois Discovery Accelerator Institute partnership, focusing on AI and supercomputing research, which has produced over 230 publications.
- Actor Jeremy Renner invested in RapidSOS, an AI public safety company that uses AI to provide critical information to emergency services, having supported over 1.1 billion emergencies.
- Research from OpenAI suggests AI may not cause mass unemployment, potentially expanding demand for some jobs while automating others.
- The effectiveness of AI in education is debated, with concerns raised about teacher engagement and the impact of union protections on teacher accountability.
- QuickLogic partnered with Quantum Leap Solutions to boost sales of its ASIC, IP, and chiplet solutions, including embedded FPGA (eFPGA) Hard IP.
Perpetuals partners with German University for AI trading research
Perpetuals.com Ltd is partnering with the German University of Digital Science (German UDS) to license its BayesShield AI predictive intelligence platform. German UDS will use the AI for research in quantitative finance and algorithmic trading. This collaboration expands Perpetuals' AI applications into academia. The BayesShield AI platform uses machine learning to analyze market data and provide predictive insights. This deal allows German UDS researchers to develop new trading strategies and improve financial modeling.
AI trading platform BayesShield licensed to German University
Perpetuals.com Ltd has signed a licensing agreement with the German University of Digital Science (German UDS) for its BayesShield AI trading platform. The AI, trained on 11.7 billion trades, will be used for research and in graduate programs like Applied AI and Financial Technology. This partnership allows German UDS students and faculty to analyze trading patterns and develop risk management frameworks. Perpetuals CEO Patrick Gruhn stated this creates a new revenue stream and establishes a pipeline for fintech talent. BayesShield AI analyzes over 200 features per trade to predict win/loss probability in real time.
Perpetuals licenses AI trading platform BayesShield to German University
Perpetuals.com Ltd is licensing its BayesShield AI trading platform to the German University of Digital Science (German UDS). This partnership positions BayesShield as both a teaching tool and research platform, marking Perpetuals' entry into the online education market. German UDS will integrate BayesShield AI into graduate programs, allowing students to analyze 11.7 billion retail trades and develop new trading strategies. CEO Patrick Gruhn highlighted the creation of a new revenue stream and access to future fintech talent. BayesShield AI uses a proprietary dataset and analyzes over 200 features per trade for real-time probability calculations.
IPC Systems launches unified AI platform for trading
IPC Systems has launched IPC One, a unified platform that uses AI to combine trading communication, workflow, and intelligence. This new platform connects traders, counterparties, and workflows into a single environment, aiming to speed up execution and provide actionable insights. IPC One integrates voice, messaging, and workflow tools, with AI analyzing conversations for better decision-making. The platform supports over 100,000 traders globally and aims to improve efficiency and compliance in financial communications. IPC One is now available to new and existing clients.
IPC Systems launches IPC One AI trading communication platform
IPC Systems introduced IPC One, an AI-enabled platform designed to unify trading communication, workflow, and intelligence. This platform connects traders, counterparties, and workflows, aiming to improve execution speed and provide valuable insights from conversations. IPC One integrates voice and messaging with AI capabilities for automated workflows and real-time analytics. The company states it will help financial professionals make faster, more informed decisions while ensuring compliance. IPC One is immediately available to clients and will receive further AI-driven enhancements.
AI speed challenges traditional application security
Traditional application security methods are struggling to keep up with the rapid pace of AI-generated code. AI coding assistants can produce code in seconds, creating a gap between when code is written and when security tools can evaluate it. This delay means vulnerabilities may go undetected until they cause problems, increasing repair times and developer rework. Existing tools like SAST, DAST, and SCA were designed for slower, human-paced development cycles. The article suggests evaluating AppSec tooling based on real-time validation, developer experience, policy governance, and detection of shadow AI risks.
Filmmaker slams AI companies for using artists' work
Director of 'The AI Doc' criticizes AI companies for using artists' copyrighted work without permission or payment to train their models. He argues that companies like OpenAI, Anthropic, and Google are mining the internet for data, calling the 'fair use' defense used by AI companies flawed. The filmmaker compares this to a tobacco company promoting smoking, stating that AI companies are making deals with those who have powerful lawyers, leaving smaller creators unprotected. He believes the legal battle over intellectual property is ongoing and urges people to push back against Big Tech's overreach.
IBM and U of I extend AI and quantum computing research partnership
The University of Illinois Urbana-Champaign and IBM are renewing their partnership through the IBM-Illinois Discovery Accelerator Institute, originally launched in 2021. The institute will focus on artificial intelligence and supercomputing research. Since its start, the partnership has produced over 230 research publications and advanced 20 projects in AI, quantum computing, material discovery, and sustainability. The expanded institute will provide students and researchers access to advanced computing tools to speed up discoveries in fields like healthcare and clean energy. Future plans include growing research programs, strengthening industry partnerships, and expanding training for AI and quantum computing careers.
Jeremy Renner invests in AI public safety company RapidSOS
Actor Jeremy Renner has invested in the AI public safety company RapidSOS, inspired by his own near-fatal snowplow accident. RapidSOS uses AI to share crucial information with 911 and first responders during emergencies. Renner believes this technology will help emergency personnel perform their jobs more efficiently. He is also featured in a short documentary called 'Behind the Emergency' about modern emergency response technology. RapidSOS uses data from smartphones, vehicles, and buildings to alert agencies and has supported over 1.1 billion emergencies globally.
AI jobs may not cause mass unemployment, study suggests
A new paper suggests that artificial intelligence might not lead to widespread job losses as feared. Researchers from OpenAI posit that AI could paradoxically expand demand for certain types of work, rather than causing a jobs bust. The study categorizes occupations by automation risk, with 18% facing the highest near-term risk, while 12% could see employment expand, such as software developers. Despite AI's potential to automate many tasks, workers in vulnerable jobs are currently using AI for only a fraction of its theoretical capability. The ultimate impact on jobs may depend on how AI makes tasks easier and increases overall consumption of services.
AI's role in education debated
The article questions the positive impact of artificial intelligence on education, particularly due to issues with teacher engagement. It repeatedly states that teachers' unions make it impossible to fire underperforming teachers, which negatively affects student engagement. The author implies that if teachers are not engaged, students will not be either. The text focuses heavily on this point, suggesting it is a primary obstacle to effective education, regardless of AI's potential benefits.
QuickLogic partners with Quantum Leap Solutions for chiplet sales
QuickLogic Corporation has appointed Quantum Leap Solutions as an authorized sales representative to expand its reach in selling ASIC, IP, and chiplet solutions. Quantum Leap Solutions brings expertise in semiconductor IP integration and chiplet-based architectures, aligning with QuickLogic's focus on customizable silicon. This partnership aims to accelerate customer adoption of QuickLogic's embedded FPGA (eFPGA) Hard IP, which reduces costs and development risk. The collaboration strengthens QuickLogic's sales ecosystem to better support customers seeking flexible and low-power semiconductor solutions.
Sources
- Perpetuals Announces Partnership with German University of Digital Science to License AI Trading Platform
- AI trained on 11.7 billion trades heads to a German university
- Perpetuals Announces Partnership with German University of Digital Science to License AI Trading Platform
- IPC Systems Launches IPC One, a Unified AI-Enabled Platform for Trading Communication, Workflow and Intelligence
- IPC Systems Launches IPC One, a Unified AI-Enabled Platform for Trading Communication, Workflow and Intelligence
- Legacy AppSec Is Out of Step with the Speed of AI
- 'The AI Doc' director says ‘F*ck you’ to AI companies taking artists’ IP
- IBM, U of I renew and expand Illinois institute focused on AI, quantum computing
- Jeremy Renner invests in AI public safety company after Tahoe accident
- Exclusive: New AI jobs risk paper posits less doom and gloom
- Artificial Intelligence — Good or Bad for Education?
- QuickLogic Appoints Quantum Leap Solutions as Authorized Sales Representative
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