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Boost Your Tech Game: AI Meets API
Date: November 26, 2024
Artificial Intelligence (AI) is transforming decision making across industries, by automating tasks, providing insights, and making better decisions. But the real power of AI comes to life only when combined with Application Programming Interfaces (APIs). These APIs are like cross-cuts between different software systems that can share and communicate data in real time, and this increases...
Kpmg to Spend $100 Million on AI Partnership With Google Cloud
Date: November 20, 2024
By Kenrick Cai SAN FRANCISCO (Reuters) – – KPMG said on Wednesday it would spend $100 million over the next four years to bolster its enterprise artificial intelligence services through a partnership with Alphabet’s Google Cloud. Part of the money will be spent on payments directly to Google, though the majority will be spent on...
ECB Warns of ‘bubble’ in AI Stocks as Funds Deplete Cash Buffers
Date: November 20, 2024
FRANKFURT (Reuters) – The European Central Bank warned on Wednesday about a “bubble” in stocks related to artificial intelligence (AI), which could burst abruptly if investors’ rosy expectations are not met. The warning came as part of the ECB’s twice-yearly Financial Stability Review, a laundry list of risks ranging from wars and tariffs to cracks...
Asml Sees Growth Continuing Through 2030 on AI Demand
Date: November 14, 2024
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) – Europe’s largest tech firm, computer chip equipment maker ASML, said on Thursday it expected sales growth to average 8% to 14% over the coming five years, as a boom in AI fuels strong demand for its most advanced tools. The guidance, which analysts said was reassuring,...
The Future of Financial Services: Five Key Drivers
Date: November 12, 2024
By Richard Winston, Managing Director and Global Head of Financial Services at Slalom As we approach 2025, the financial services industry is moving through a period of ongoing transformation. A confluence of forces is reshaping the sector as we approach late 2024 and move toward 2025. Five key drivers—digital transformation, climate related financial risk, interest...
Exclusive-US Ordered Tsmc to Halt Shipments to China of Chips Used in AI Applications, Source Says
Date: November 10, 2024
By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export...