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Klarna CEO Says AI Is Replacing Workers

Dec 17 (Bloomberg Technology) - Klarna CEO Sebastian Siemiatkowski says AI has shown across-the-board benefits as he eyes an expansion into US banking under a new Trump administration. He says the company has replaced hundreds of workers with artificial intelligence and the moves have paid off. He joins Caroline Hyde on "Bloomberg Technology."

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Honda has introduced new hybrid technology that combines an engine and electric motors, as demand for electric vehicles rises in the push toward decarbonization.

The mourning ceremony for 15-year-old Nakashima Saya, who was fatally stabbed at a fast-food restaurant in Kitakyushu City, was held on Tuesday. The attack, which took place four days ago, left Nakashima dead and a male student seriously injured with a deep wound near his waist. Police continue to search for the suspect, who fled the scene immediately after the attack.

Paul Watson, founder of the anti-whaling group Sea Shepherd, who had been detained in Greenland, a Danish territory, has been released after Danish authorities rejected Japan's extradition request.

A woman who has come forward under her real name to accuse her father of sexual abuse criticized his not guilty plea during the first hearing, stating, "What daughter in the world would accept sexual acts from her father?"

A criminal complaint against Hyogo Governor Saito and a PR firm representative over alleged violations of the Public Offices Election Act has been accepted by investigative authorities, it was revealed.

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The president of a group advising Japan's main utility claimed that the growth of artificial intelligence would cause a boom in energy consumption. The nuclear expert said this will initially be fueled by fossil fuels. He added, however, nuclear power will eventually replace fossil fuels. (WION)

Klarna CEO Sebastian Siemiatkowski says AI has shown across-the-board benefits as he eyes an expansion into US banking under a new Trump administration. He says the company has replaced hundreds of workers with artificial intelligence and the moves have paid off. He joins Caroline Hyde on "Bloomberg Technology." (Bloomberg Technology)

A new AI system capable of quickly identifying vulnerabilities in corporate networks against cyberattacks has been developed.

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Engineers in Japan have built a 'human washing machine of the future' or the 'Mirai Ningen Sentakuki' which uses AI to analyse your body before using a customised 'wash-and-dry' process. (The Economic Times)

Navigating the world of trading can be both exhilarating and daunting. I remember the first time I ventured into using a trading bot; it felt like I was stepping into the future of investing.

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