CIO: 10 things to watch out for with open source gen AI
As with everything new, know the limitations of the tool(s).
Finextra: UBS CEO warns of risk from delaying Credit Suisse IT integration
UBS is aiming for a swift and smooth IT integration with recently acquired Credit Suisse, bringing over only 10% of its former rival’s 3000 applications.
Finextra: US banks to struggle with climate risk data – Federal ReserveFinextra:
According to a climate scenario analysis by the Federal Reserve, American banks are set to experience challenges in predicting the impact of climate change on their loan books due to data and modelling difficulties.
StudyFinds: Quantum breakthrough proves scientists can build million-qubit computer chips
A potentially game changing breakthrough in quantum computing. A reliable and ultra-powerful quantum computer could finally be on the horizon.
Yahoo! Finance: OpenAI to launch Google search rival Monday
The market for search is about to get more crowded.
Investment Executive: U.S. banks undertake blockchain experiment
U.S. banks are undertaking a blockchain experiment.
Bloomberg: AI Risks to Financial Stability Are Already a Central Bank Worry
Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry.
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.
JD Supra: UK Regulator Updates its Approach to AI and Sets a 12-Month Plan
The UK’s Financial Conduct Authority (FCA) has recently published an update on its approach to artificial intelligence (AI).
CIO: AI is set to transform hiring requirements: Report
About 50% of technology leaders in a recent EY survey said they anticipate a combination of layoffs and hiring in the next six months as a direct result of AI adoption.