Technology

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

4 minutes of reading / AI, fintech, quantum computing, Tech, Technology / By

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

2 minutes of reading / Accenture, AI, IBM, machine learning, Tech, Technology / By

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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Intel Abandons Development of Sub-Ambient Cryo Cooling Tech

2 minutes of reading / Intel, Tech, Technology / By

In an update posted to its support pages, Intel has disclosed that it had stopped development of its thermoelectric Cryo Cooling Technology that was aimed to provide sub-ambient cooling for its top-of-the-range processors. As a result, the company will not provide Cryo Cooling software support for its latest 14th Generation Core ‘Raptor Lake Refresh’ processors,…

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The Enermax Revolution D.F. X 1050W PSU Review: High Power, Highly Reliable

6 minutes of reading / AI, HP, Tech, Technology / By

In the realm of power supply units (PSUs), a few names stand out for their dedication to quality, innovation, and performance. Enermax, established in 1990, has been a stalwart in this sector, consistently delivering products that resonate well with both enthusiasts and professionals. The brand has a rich history of coupling robust engineering with aesthetic…

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UK police plan national roll-out of facial-recognition phone app

8 minutes of reading / compliance, Computer, Database, NEC, Tech, Technology / By

UK police chiefs have announced plans to equip officers with a mobile-based facial-recognition tool that will enable them to cross reference photos of suspects against a database of millions of custody images from their phones. Known as operator initiated facial recognition (OIFR), the tool uses software supplier NEC’s NeoFace facial-recognition algorithm, and is currently being…

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Data-sharing management gap highlights cyber risk, says report

4 minutes of reading / compliance, data privacy, GDPR, risk management, Tech, Technology / By

As organisational use of communications tools to share relevant data with third-party suppliers and partners spike, a lack of attention paid to security is cranking up risk levels, according to a global study of 781 IT, cyber and risk and compliance pros, 29% of which are drawn from EMEA geographies, which was conducted for Kiteworks,…

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UK government does not see need for specific AI legislation

6 minutes of reading / AI, Google, Tech, Technology / By

The effective governance of artificial intelligence (AI) is a question of regulatory capacity and capability, rather than a need among regulators for new statutory powers, government officials have told MPs. In March 2023, the UK government published its AI whitepaper, outlining five principles that regulators should consider to facilitate “the safe and innovative use of…

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Oracle NetSuite CEO Goldberg: AI a sleeping giant coming to life

5 minutes of reading / AI, Computer, Oracle, Tech, Technology / By

Evan Goldberg, executive vice president of Oracle NetSuite, characterizes the recent wave of Generative AI as making good on the long-gestating promise of artificial intelligence. In an interview with Computer Weekly at the supplier’s recent SuiteWorld conference in Las Vegas, he touched on his own backstory with AI and testified to its potential business value.…

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Intel Unveils Meteor Lake Architecture: Intel 4 Heralds the Disaggregated Future of Mobile CPUs

7 minutes of reading / AI, Intel, Tech, Technology / By

During the opening keynote at Intel’s Innovation event in San Jose, Chief Executive Officer Pat Gelsinger unveiled a score of details about the upcoming Meteor Lake client platform. Intel’s Meteor Lake marks the beginning of a new era for the chipmaker, as they move away from the chaotic Intel 7 node and go into a…

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Elon Musk says AI will create ‘universal high income’ and eliminate the need for jobs

3 minutes of reading / AI, ChatGPT, Tech, Technology / By

AI could make us all rich, or at least that seems to be what Elon Musk is suggesting. While speaking at the U.K.’s AI Safety Summit last week, Elon Musk told U.K. Prime Minister that he believes AI will replace the need for all jobs. While some have latched on to this idea from a…

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