Finextra: Ecommerce fraud to exceed $100bn by 2029
A study from Juniper Research found that the money lost to online fraud will rise from $44bn in 2024 to $107bn in 2029, an increase of 141%.
Finextra: Ecommerce fraud to exceed $100bn by 2029
A study from Juniper Research found that the money lost to online fraud will rise from $44bn in 2024 to $107bn in 2029, an increase of 141%.
IT Pro: AWS says enterprises are moving back on-prem – but does cloud repatriation really threaten hyperscalers?
Amazon Web Services (AWS) has claimed to face competition from on-premises IT while defending the level of competition in the UK cloud market, according to a Competition and Markets Authority (CMA) hearing.
Venture Beat: Nvidia just dropped a bombshell: Its new AI model is open, massive, and ready to rival GPT-4
NVIDIA has released a powerful open-source artificial intelligence model that competes with proprietary systems from industry leaders like OpenAI and Google.
New Scientist: Google says its AI designs chips better than humans – experts disagree
Google DeepMind says its artificial intelligence has helped design chips that are already being used in data centres and even smartphones.
New Atlas: Facial recognition data breach: Meta glasses extract info in real time
In what might be described as a real-life Black Mirror episode, a Harvard student uses facial recognition with Meta Ray-Ban 2 smart sunglasses – to dig up personal data on every face he sees in real time.
Finextra: UK Post Office axes MoneyGram services in wake of cyber attack
The UK’s Post Office Ltd is no longer offering MoneyGram International services in the wake of a serious cyber security incident at the American money transfer giant.
efinancialcareers: The new Citadel internship paying $4.5k a week to 20-year-old engineers
The new Citadel internship is paying $4.5k a week to 20-year-old engineers.
Finextra: Blackstone to build £10bn AI data centre in UK
Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.
Finextra: Firms struggling to find RoI for AI projects
According to recent research firms are struggling to find RoI for AI projects.