AI outages ripple through banking sector, raising resilience questions
Major AI providers Anthropic, OpenAI, Grok and Gemini experienced outages today, according to real-time outage monitor DownDetector. Anthropic confirmed two...
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AI can help with both hiring and attrition
While many U.S. banks race to deploy AI tools, some bank executives say the biggest workforce impact will be how...
Bessent blasts US hyperscalers for failure to tout AI benefits
Treasury Secretary Scott Bessent blasted the US companies ramping up investment in artificial intelligence, faulting them for failing to build...
Palo Alto Networks: ‘Platformization’ fused with frontier AI critical to cybersecurity
Cybersecurity company Palo Alto Networks believes successful cyber-defense must fuse “platformization” and AI tools to enable machine-speed remediation as agentic...
AI data center spending to reach $32T by 2050, PwC says
Global data center spending is set to reach $31.6 trillion through 2050 to meet the world’s growing appetite for AI,...
