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CIOs weigh where to place AI bets — and how to de-risk them

CIO

We need to be ready to respond to our CEO to solve problems with AI,” says Srini Gudipati, CIO of Covanta, a company that specializes in sustainable materials management, including large-scale recycling. When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative.

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Tech leaders weigh in on the upside and flipside of generative AI

CIO

Another experienced IT leader, David Ivell, chief product and technology officer at behavior management training company Team Teach, is already harnessing generative AI’s power. Generative AI is a key part of our business strategy, facilitating growth with AI-enabled processes already live in production,” he says.

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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

AI poses a number of benefits and risks for modern businesses. The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. As businesses increasingly rely on digital systems to store confidential data, protecting such data from hackers has become a top priority.

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F&G Annuities & Life Launches Its First Registered Index-Linked Annuity, F&G Confidence Builder

Wink Intel

The Company’s newest product addresses retirement challenges from volatility to inflation, seeking to find a balance between managing risk and long-term growth potential. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC ). Disclaimer BofA Securities Inc.

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Manulife reports 3Q21 net income of $1.6 billion and core earnings of $1.5 billion, double-digit new business value growth and strong net flows in Global Wealth and Asset Management with contributions across all business lines and geographies

Wink Intel

Global Wealth and Asset Management (“Global WAM”) net inflows 1 of $9.8 1 Core earnings, core return on common shareholders’ equity (“core ROE”), new business value (“NBV”), annualized premium equivalent (“APE”) sales, and net flows are non-GAAP measures. .” ” _.

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Principal Financial Group® Closes Reinsurance Transaction

Wink Intel

DES MOINES, Iowa–( BUSINESS WIRE )– Principal Financial Group® (Nasdaq: PFG) announced today that it has successfully closed its transaction to reinsure the company’s in-force U.S. The proceeds are included in the company’s planned $2.0 billion-$2.3 billion of share repurchases for 2022.