article thumbnail

Should finance organizations bank on Generative AI?

CIO

In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In the numerically based finance and banking industry, does generative AI have as much application potential? In the numerically based finance and banking industry, does generative AI have as much application potential?

Finance 501
article thumbnail

How the world can tackle the power demands of artificial intelligence

CIO

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. Looking ahead to 2025, Lalchandani identifies several technological trends that will define the Middle Easts digital landscape.

article thumbnail

Gen AI in 2025: Playtime is over, time to get practical

CIO

Either you didnt have the right data to be able to do it, the technology wasnt there yet, or the models just werent there, Wells says of the rash of early pilot failures. Theyre being more purposeful about what they want to spend the time and energy and dollars on versus, Lets just experiment and see what the technology might be able to do.

Startups 541
article thumbnail

Kyndryl reportedly in talks to buy DXC Technology

CIO

Managed infrastructure services provider Kyndryl is considering a bid for competitor DXC Technology, Reuters reported Monday, citing people familiar with the matter. back in the summer of 2019. “DXC will be cheap to buy and the Kyndryl CEO is a finance guy so he will be able to drive synergies. That is from a 5-year high of $56.64

article thumbnail

SAP CEO Christian Klein predicts manual data entry will disappear from SAP by 2027

CIO

Korean customers are actively asking questions about how AI can support their business, grow their business, and utilize new technologies. They applied this information to Joule and developed technology that reduces manual work for customers and identifies unnecessary work. That shows how much interest there is in AI in Korea.

Finance 398
article thumbnail

The 4 most overhyped technologies in IT

CIO

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.