CIO: Make boards responsible for AI failures, banking regulator suggests
Singapore’s financial regulatory authority has floated a tough new AI risk management regime that could become a model for other countries.
Singapore’s financial regulatory authority has floated a tough new AI risk management regime that could become a model for other countries.
Commerzbank, Macquarie Bank and insurance player Signal Iduna are among the first firms to use Google Cloud’s new Gemini Enterprise agentic platform.
The AI chip wars are speeding up!
AI models are fighting to stay alive.
Citi is well within the throes of its AI transformation.
Anthropic has expanded Claude for Financial Services with an Excel ad-in and more connectors to real-time market data and portfolio analytics, including from LSEG.
Qualcomm have now entered the market for AI chips.
NVIDIA is what a lot of people are using for AI, but one of the original AI chips is from Google.
According to McKinsey’s latest report, while AI savings could be up to 20%, taking account of the cost of the technology, banking industry profits could fall 9% as customers move money based on AI agent recommendations.
According to the latest Evident AI Index, JPMorganChase is the leading bank in AI.
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