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How the world can tackle the power demands of artificial intelligence

CIO Business Intelligence

The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. New technologies, such as generative AI, need huge amounts of processing power that will put electricity grids under tremendous stress and raise sustainability questions.

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Don’t Fear Artificial Intelligence; Embrace it Through Data Governance

CIO Business Intelligence

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. where applications have been based on hard-coded rules has begun and the ‘Software 2.0’ Establishing a Data Foundation. era is upon us.

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Almost 33% of respondents claim that machine learning can lead to improved customer experience. 5G aids customer service.

Banking 363
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Salesforce opens new office in Dubai, strengthening AI innovation and support for UAE growth

CIO Business Intelligence

At the office opening, His Excellency Omar Sultan AlOlama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, praised Salesforces role in the region, noting: Salesforce is the right player in our ecosystem.

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Enter the next phase of Industry 4.0 with edge AI

CIO Business Intelligence

Two things play an essential role in a firm’s ability to adapt successfully: its data and its applications. Which is why modernising applications is so important, especially for traditional businesses – they need to keep pace with the challenges facing trade and commerce nowadays. That’s why the issue is so important today.

Industry 305
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Should finance organizations bank on Generative AI?

CIO Business Intelligence

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In short, yes. But it’s an evolution. Automation.

Banking 334
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Neudesic launches in Australia in a bid to speed up AI adoption for IT teams

Network World

Artificial intelligence (AI) has gained significant traction among business leaders keen to explore ways it can drive operational efficiencies and cost savings. Real-time verification speeds up processes like account openings and loan approvals so that banks can acquire and manage customer assets sooner.