December 2023

AMD’s EPYC 7003 “Milan” Receives Extended Lifecycle: Availability To 2026 With 6 New SKUs

AMD has sent word over this morning that the company is extending the product lifecycle for their previous-generation EYPC 7003 “Milan” family of server CPUs. The company will now be offering the Zen 3-based CPUs through at least 2026, and as part of that extension plan, has already launched a further 6 SKUs. With these…

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Chancellor offers spending boost for IT buyers alongside AI and quantum investments

Private sector IT buyers will see a long-term boost to their budgets after the Chancellor of the Exchequer, Jeremy Hunt, announced that a policy allowing the cost of IT equipment to be written off against tax will be made permanent. The so-called “full expensing” policy was first announced as a short-term incentive in the Budget…

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Three-quarters of finance executives expect generative AI to replace them

Generative artificial intelligence (GenAI) is expected to take over the jobs of three-quarters of current financial services executives, according to a survey. Following a survey of around 500 executives at major banks and insurance companies, FintechOS’s Generative artificial intelligence: the technology polarising the financial services industry report revealed that 73% of executives believe GenAI will “eventually”…

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