Morgan Stanley uses AI to modernise ancient code
Published in AI


And they said it could not be done

While most of Big Tech is still fumbling with AI tools that choke on COBOL, beancounters Morgan Stanley has quietly rolled out a GPT-based system to deal with the crusty legacy code clogging up its systems.

BitEnergy boffins cut AI power by 95 per cent
Published in AI
Wednesday, 09 October 2024 09:42

BitEnergy boffins cut AI power by 95 per cent


All it needs is a special type of hardware

Boffins from BitEnergy AI have emerged from their smoke-filled labs with a new method that they think can cut AI model power consumption by up to 95 per cent.

JPMorgan Chase wants AI help
Published in AI
Friday, 26 May 2023 10:50

JPMorgan Chase wants AI help


The future of consulting

The company in the midst of lawsuits claiming that it benefited from participating in Epstein's sex-trafficking scheme, JPMorgan Chase has applied to trademark an AI product called IndexGPT.