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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 329
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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 279
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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. FinOps procedures and ITAM tools should work together to guarantee ongoing SaaS license management and monitoring. To learn more, visit us here.

Licensing 290
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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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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 307
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Principal Financial unifies IT to lay foundation for growth

CIO Business Intelligence

That’s where EVP and CIO Kathy Kay found herself in coming to Principal Financial Group from PG&E in May 2020 with a desire to lead an aggressive plan to adopt digital technologies, ranging from the cloud to AI. Digital Transformation, Financial Services Industry

Financial 312
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SoftBank to buy Ampere for $6.5B, fueling Arm-based server market competition

Network World

In technology licensing where an entity is both provider and competitor, boundaries are typically well-defined without special preferences beyond potential first-mover advantages, Kawoosa explained. Financial outlook and industry response Industry insiders suggest the $6.5