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

CIO

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. Given existing relationships with Webster Bank, that includes AWS and Microsoft.

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Fostering Innovation at Discover Financial Services

CIO

At Discover® Financial Services, it lies at the heart of the company’s business goals and growth. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. “It or how might we?’”

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Lawsuit claims IBM falsely used mainframe sales to boost AI, cloud businesses

CIO

The lawsuit alleges that the company and some of its executives “knowingly or recklessly engaged in a device, scheme, or artifice to defraud, engaged in acts, practices, and courses of business conduct designed to deceive investors.” The law firm submitting the new lawsuit, The Rosen Law Firm, declined to comment.

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What are the main challenges CISOs are facing in the Middle East?

CIO

The skills challenge is likely going to be key as a result of the rise of disruptive technologies such as Generative AI. This is very crucial for example in the payments industry where failure to comply with requirements such as PCI-DSS could force an organisation out of business. What should organizations do if they are hacked?

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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

AI poses a number of benefits and risks for modern businesses. AI technology is helping with cybersecurity in a myriad of ways. The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. One of the most striking examples is in the field of cybersecurity.

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

CIO

Generative AI is widely regarded as one of the great technology breakthroughs of our time. 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. We’re testing ChatGPT at an individual level,” 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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