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Meta creates ‘Business AI’ group led by ex-Salesforce AI CEO Clara Shih

CIO Business Intelligence

From the start, Meta has made the Llama models available to other enterprises under a license it describes as “open source,” but the creation of the new business group makes clear that Meta’s interest is commercial, not philanthropic. Meta also has a veto on competitors using Llama for anything too big: The Llama 3.2

Groups 328
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FinOps SaaS: The missing piece of the puzzle

CIO Business Intelligence

SaaS billing, in contrast to conventional on-premises software licenses, frequently entails intricate, consumption-based pricing, which makes cost control more challenging. Understanding this complexity, the FinOps Foundation is developing best practices and frameworks to integrate SaaS into the FinOps architecture.

Licensing 289
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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

Over the last decade Africa has gained a reputation for global leadership in mobile money, with Kenya at the forefront, but up to now financial services via mobile phones have not taken deep root in the continent’s most populace country — Nigeria. With the new licenses, banks are set to face some challenges from the telecommunications sector.

Licensing 278
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FinOps breaks out of the cloud

CIO Business Intelligence

Were 80 to 85% in the cloud and for us, the job is proactively tracking this spend, then educating developers and data teams on how to use cloud capabilities in a cost-effective manner, he says. By contrast, in some large financial services firms, the role of FinOps has broadened. Why the interest in extending FinOps?

Cloud 300
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New trade body wants to license training data for AI use

CIO Business Intelligence

Seven companies that license music, images, videos, and other data used for training artificial intelligence systems have formed a trade association to promote responsible and ethical licensing of intellectual property.

Licensing 320
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SoftBank to buy Ampere for $6.5B, fueling Arm-based server market competition

Network World

This acquisition fundamentally demonstrates SoftBanks recognition of chipsets critical role in AI development and continues their pattern of strategically investing in promising technologies, said Faisal Kawoosa, Founder and Chief Analyst at Techarc. Financial outlook and industry response Industry insiders suggest the $6.5

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NASA overspent $15 million on unused Oracle licenses as it failed to track usage

CIO Business Intelligence

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

Licensing 306