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China banks on open source in AI cold war with US

CIO Business Intelligence

While the US is closing its LLM models and restricting access to source code, as well as tightening sanctions, China is following a completely different path.Surprisingly, Chinas AI sector is opening up, focusing on the open-source model, which is also crucial in the context of cybersecurity concerns.

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7 types of tech debt that could cripple your business

CIO Business Intelligence

Open source dependency debt that weighs down DevOps As a software developer, writing code feels easier than reviewing someone elses and understanding how to use it. Many teams neglect dependency hygiene, letting outdated, redundant, or unsupported open-source components pile up, says Mitchell Johnson, CPDO of Sonatype.

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Mistral turns focus toward regional LLMs with Saba release

CIO Business Intelligence

Mistral said the local deployment option could help more regulated industries, such as finance, banking, and healthcare, adopt the model. BAAI from China open-sourced their Arabic Language Model (ALM) back in 2022. The LLMs deployment options include an API and local deployment on-premises. 32B, Llama 3.1 70B, and G42s Jais 70B.

Training 264
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5 top business use cases for AI agents

CIO Business Intelligence

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Take Avantia, for example, a global law firm, which uses both commercial and open source gen AI to power its agents.

CTO Hire 359
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Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO Business Intelligence

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. For Bud, the highly scalable, highly reliable DataStax Astra DB is the backbone, allowing them to process hundreds of thousands of banking transactions a second.

Financial 328
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OpenTelemetry certification launches

Network World

OpenTelemetry is a transformative open-source observability project for empowering engineers to deeply analyze the intricate behaviors of distributed systems across many integrations,” said Chris Aniszczyk, CTO of the CNCF, in a statement. “The

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Modernizing the mainframe for the digital era

CIO Business Intelligence

I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. He’s doing just that on the bank’s IBM Z system mainframes, for which the bank has written some 10 million lines of code over the years. The bank’s use of its mainframes is two-pronged. M&T Bank.

IBM 360