efinancialcareers: Citadel’s CTO says AI won’t generate lasting alpha for hedge funds
Citadel’s CTO says AI won’t generate lasting alpha for hedge funds.
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Artificial Intelligence
Finextra: Klarna takes foot off AI gas as CEO acknowledges importance of human customer service
After aggressively pursuing an AI-driven workforce reduction strategy, Klarna says it is “evolving” the strategy and hiring customer service employees in an acknowledgment that people often still want to talk to a human.
CIO: Bank of America’s big bet on AI started small
One of Bank of America’s first AI programs 7 years ago was Erica.
PYMNTS: 42% of Suspicious Banking Activity Linked to Identity Fraud
As fraudsters leverage sophisticated tactics, including artificial intelligence (AI)-powered identity manipulation, the FinTech sector finds itself in the crosshairs of an escalating battle against financial crime.
Global Banking and Finance: The Banking Talent Crunch: How Financial Institutions Are Competing for Digital-Native Skills
As banks expand their digital capabilities, the gap between technology ambitions and workforce readiness is widening.
Visual Capitalist: Visualizing AI vs. Human Performance in Technical Tasks
The gap between human and machine reasoning is narrowing—and fast.
CIO: 9 IT skills where expertise pays the most
An interesting list of where specific expertise pays the most in IT.
IT Pro: ‘TPUs just work’: Why Google Cloud is betting big on its custom chips
At Google Cloud Next 2025, the cloud giant unveiled ‘Ironwood’, its seventh generation TPU (Tensor Processing Unit).
CIO Dive: Citi eyes AI productivity gains as it consolidates data systems
Citi touted AI productivity gains as it moved forward with ongoing IT transformation Tuesday during the company’s Q1 2025 earnings call.