CIO Dive: IT services spend will reach $2 trillion by 2028: Forrester
The global IT services market is expected to balloon to $2 trillion by 2028, as enterprises pursue cloud modernization, according to a new Forrester report.
Fintech Futures: Monese and coreless banking subsidiary XYB secure fresh funding ahead of separation
Splitting off your technology engine seems to be an emerging trend among challenger banks with Engine by Starling being one of the first.
Technology Magazine: Lenovo: IT Leaders Set to Further Increase AI Investments
Spending on AI is expected to grow by 61% year-on-year in 2024.
ITPro: CIO frustration grows as firms prioritize AI investment over digital transformation projects
CIO frustration grows as firms prioritize AI investment over digital transformation projects.
Finextra: Revolut to grow headcount by 40%
Revolut says it will grow its global headcount by 40% in 2024.
BGR: Microsoft VASA-1 AI turns photos into lifelike talking videos, and it’s insane
This will have a lot of good uses – and a few bad ones.
ITPro: AMD’s new series of AI-enabled processors likely fall short of Microsoft’s performance requirements for next-gen AI PCs
There has been a lot of talk of running elements of AI locally rather than in the cloud but the processing power is not there yet even with the new flagship processors from AMD.
efinancialcareers: Citi’s tech overhaul is progressing, which could be bad news for Citi devs
Citi has retired more than 110 legacy platforms, moving en masse to the cloud.
Finextra: Westpac announces multibillion tech upgrade
Westpac is planning to spend billions of dollars over the next four years to simplify its technology infrastructure.