Tag: technology

AI

Evaluation of the Cyber AI Hub programme

Colin Henderson

Published 8 January 2025 Britain has multiple initiatives underway which serve to embed emerging and future technologies into the educational infrastructure. I subscribe to a weekly update and am frequently surprised. I am a believer in the importance of rapidly diffusing AI into the educational system which will brain faster improvements in systems and embed growth mindsets that will transfer the possible productivity benefits from AI into the mainstream. Here follows the full report in this weeks weekly update: Evaluation of the Cyber AI Hub programme 1. Introduction   In November 2023, The Department for Science, Innovation and Technology’s (DSIT’s) Cyber Security … Continue reading Evaluation of the Cyber AI Hub programme

AI

Open Banking – a reality or not

Colin Henderson

Abstract: Arthur has developed here a modern contextual view of Open Banking and Open Finance. He begins with the right question “Open Banking – a reality or not”. However there are gaps worth exploring for inclusion in this summary. These gaps lie with Safety of Funds and Consumer preferences and motivation to adopt. Arthur BedelCo-Founder @ Connecting the dots in Payments… | Global Revenue at VGS | Board Member | FinTech Advisor | Ex-Pro Tennis PlayerLinkedin ——There remain unanswered questions in this evolving definition which are critical to the success of Open Banking. These gaps are in i. Platform Security … Continue reading Open Banking – a reality or not

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Source-DeepLearning.ai 03/01/25

Colin Henderson

Happy New Year! Hopes For 2025 With Mustafa Suleyman, Audrey Tang, Albert Gu, Hanno Basse, Joseph Gonzalez, David Ding Dear friends, Happy sum(i**3 for i in range(10)) ! Despite having worked on AI since I was a teenager, I’m now more excited than ever about what we can do with it, especially in building AI applications. Sparks are flying in our field, and 2025 will be a great year for building!  One aspect of AI that I’m particularly excited about is how easy it is to build software prototypes. AI is lowering the cost of software development and expanding the set … Continue reading Source-DeepLearning.ai 03/01/25

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Copyright and Artificial Intelligence

Colin Henderson

Copyright and Artificial Intelligence Published 17 December 2024 Ministerial Foreword Both our creative industries and our AI sector are UK strengths. They are vital to our national mission to grow the economy. This consultation sets out our plan to deliver a copyright and AI framework that rewards human creativity, incentivises innovation and provides the legal certainty required for long-term growth in both sectors. At present, the application of UK copyright law to the training of AI models is disputed. Rights holders are finding it difficult to control the use of their works in training AI models and seek to be remunerated for its use. AI developers are similarly finding it … Continue reading Copyright and Artificial Intelligence

AI

Top 10 | McKinsey Global Institute

Colin Henderson

As 2024 draws to a close, we’re revisiting our most popular insights of the year. Today, we give you our best-read pieces from the McKinsey Global Institute, which focus on topics including navigating the energy transition, investing in productivity growth, and more. 1. Geopolitics and the geometry of global trade Global trade patterns are reconfiguring. More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead. Be prepared for a range of shifts  2. A new future of work: The race to deploy AI and raise skills in Europe and beyond To gain … Continue reading Top 10 | McKinsey Global Institute

AI

Delivering on the promise of AI in banking (Mckinsey)

Colin Henderson

Much has been written about the power of AI, including generative AI (gen AI), to transform banking. Beyond ushering in the next wave of automation, AI promises to make banks more intelligent, efficient, and better able to achieve stronger financial performance. About the authors While the buzz is undeniable, many banking C-suite leaders are increasingly asking questions about the realization of value in light of the headwinds facing the sector. Will AI live up to expectations? After initial experimentation, how can banks go from proof of concept to proof of value and truly reimagine and transform the enterprise using AI? How soon, if … Continue reading Delivering on the promise of AI in banking (Mckinsey)

AI

U.S. Special Operations Command Expands Contract with Palantir to Deliver Advanced AI and Mission Manager Capabilities

Colin Henderson

December 09, 2024 06:59 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. (NASDAQ: PLTR) today announced an expansion of its contract with the U.S. Special Operations Command (USSOCOM) to deliver technology solutions in support of enterprise capabilities. The one-year delivery is valued at $36.8 million and establishes Palantir as the lead software integrator for USSOCOM’s Mission Command System (MCS) while expanding the technology solutions supporting U.S. Special Operations Forces (SOF) globally. “Palantir’s Mission Manager is positioned to innovate the Defense industry by providing software to enable and operationalize commercial capabilities for U.S. Government missions. USSOCOM understands that commercial software can … Continue reading U.S. Special Operations Command Expands Contract with Palantir to Deliver Advanced AI and Mission Manager Capabilities

AI
Colin Henderson

Amazon Keeps Profit Margins in Orbit E-commerce giant’s strong operating earnings offset huge jump in AI spending and counter worries of margin decline By Dan GallagherFollow Nov. 1, 2024 at 6:00 am ET 7 Gift unlocked article Listen (4 min) Amazon CEO Andy Jassy says he expects next year’s capital spending to surpass this year’s planned $75 billion. PHOTO: DAVID RYDER/BLOOMBERG NEWS Like its big tech rivals, Amazon.com AMZN 6.56%increase; green up pointing triangle is spending a king’s ransom on artificial intelligence. Unlike them, it also has plenty of customers dropping money on toothpaste and razorblades.  That strange brew proved a potent mix for the company’s third-quarter reportThursday. Amazon … Continue reading

AI

The AI National Security Memo and broader evolution of AI inferred

Colin Henderson

AI National Security Memo followed by MicKinsey memo on evolution of AI usage On October 24, 2024, the White House issued the first National Security Memorandum (NSM) on Artificial Intelligence, marking a significant development in U.S. AI policy and national security strategy[1][3]. This memorandum outlines a comprehensive approach to harnessing AI for national security objectives while addressing associated risks and challenges. Key Aspects of the AI National Security Memo AI as a National Security Priority The NSM identifies AI leadership as a critical national security priority for the United States[1]. It acknowledges that competitors have engaged in economic and technological … Continue reading The AI National Security Memo and broader evolution of AI inferred

AI

LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings

Colin Henderson

Current progress by LTIMindtree including expansion into US. The focus on embedding AI into all services, and rationalising smaller clients who do not folllow this approach is designed to create a forward looking portolio of customers.. Sources Times of India, Ecomomic Times India’s sixth-largest technology services company, LTIMindtree, has reportedly won its largest deal ever. The company focuses on revolutionising smaller clients and grabbing a higher share of vendor consolidation deals with artificial intelligence (AI), the biggest transforming technology. Now, the company has established a strong presence in the market.  “We are now embedding AI into each of our services, reimagining with … Continue reading LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings