The Banker: UK banks to spend £3.3bn on legacy systems in 2026
The maintenance of legacy systems is a huge bill – probably well over £3.3bn in the UK and imagine what the global figure is?
ESG Today: Half of Corporate Buyers Plan to Drop Unsustainable Suppliers: Bain Survey
After dropping down the priority list for CEOs, sustainability has once again resumed growing in importance for corporate leaders.
efinancialcareers: HFT interns earning $60k in 10 weeks are on better salaries than Jane Street quants
Susquehanna International Group (SIG) is offering a weekly salary of $6k to PhD machine learning interns in New York, as well as PhD quantitative research… Read More »efinancialcareers: HFT interns earning $60k in 10 weeks are on better salaries than Jane Street quants
Interesting Engineering: UK: World’s first quantum computer built using standard silicon chips launched
Quantum Motion, a UK startup, has made a revolutionary advancement after delivering the world’s first full-stack quantum computer, built using the same silicon chip technology… Read More »Interesting Engineering: UK: World’s first quantum computer built using standard silicon chips launched
Futurism: Data Shows That AI Use Is Now Declining at Large Companies
In their latest biweekly survey of AI adoption, the US Census Bureau found evidence of an obvious drop-off in corporate AI use — the largest… Read More »Futurism: Data Shows That AI Use Is Now Declining at Large Companies
CityAM: British billionaire trader offers interns £26k a month
Alex Gerko, boss of XTX Markets, is offering postgraduates a 12 to 14-week research internship where they could pocket between $105,000 and $122,500.
RCR Wireless: OpenAI set to start mass production of its own AI chips
OpenAI has partnered with Broadcom for chips – The company plans mass production of custom AI processors in 2026 to reduce reliance on Nvidia and… Read More »RCR Wireless: OpenAI set to start mass production of its own AI chips
Finextra: Majority of UK adults no longer carry a wallet or a purse
Research from UK ATM network Link reveals that fewer than half of UK adults carry a physical wallet as part of their day to day… Read More »Finextra: Majority of UK adults no longer carry a wallet or a purse
Finextra: Banks set to accelerate spend on AI as productivity surges
Lloyds Banking Group annual study reveals a sharp rise in AI adoption and impact, with 59% of institutions reporting improved productivity from AI.