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China banks on open source in AI cold war with US

CIO Business Intelligence

Chinas largest tech giants such as Baidu and Tencent have been working on their own large language models (LLMs) for some time now, andthe unexpected debutof DeepSeek , despite numerous hardware sanctions, surprised even the most powerful AI companies from the West. [

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IBM z17 mainframe gains AI accelerator, massive workload support

Network World

So what that translated into, from an AI infrastructure perspective, was having the ability to have hardware acceleration that can deliver, in the single-digit millisecond response times, a very high throughput. For the kind of customers that Z attracts the banks, governments, and manufacturers the AI will become important.

IBM 309
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IBM targets mainframe customers with prebuilt AI training modules

Network World

IBMs Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly, enhancing predictive models, and validating truthful models, IBM said.The family of data sets, expected to be available at the end of February, includes modules for payment cards, banking and money laundering, and homeowners insurance.

IBM 221
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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. Regulatory compliance.

Banking 334
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10 quantum computing milestones of 2024

Network World

Error correction capabilities are crucial for enabling stable, predictable, and accurate quantum-based solutions, especially in the context of financial applications we are running in the bank, Avidan says. Error correction will definitely accelerate the adoption of quantum-based solutions in the bank.

IBM 397
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO Business Intelligence

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 299
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7 types of tech debt that could cripple your business

CIO Business Intelligence

Just as no one wants to run mission-critical systems on decade-old hardware, modern SDLC and DevOps practices must treat software dependencies the same way keep them updated, streamlined, and secure. Lanzani shares an example of a banks customer-facing chatbot.